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Alwalton market report PE2, Peterborough
The PE2 (Alwalton) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 30,017 HM Land Registry entries for PE2 (Peterborough), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical PE2 (Peterborough) home changed hands for £230,000 in 2026 (median of 208 registered sales, up 10% on five years earlier), with the mean at £247,100, and by floor area homes here have averaged about £2,800 per square metre over the last five years. Source: 30,017 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
The postcode district PE2 covering Alwalton, Fletton, The Ortons sits in Peterborough. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where PE2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What PE2 homes really sell for
The 2026 median for PE2 is £230,000, taken from 208 registered sales. The mean, which is what most sites call the "average house price", is £247,100, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in PE2
Per square metre, PE2 homes have averaged around £2,800 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so PE2 trades 19% below the country as a whole.
The price of a typical PE2 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £230,000 | £230,000 | 208 |
| 2025 | £235,000 | £240,620 | 620 |
| 2024 | £230,000 | £244,537 | 577 |
| 2023 | £234,500 | £257,658 | 540 |
| 2022 | £232,400 | £272,516 | 807 |
| 2021 | £210,000 | £265,887 | 953 |
| 2020 | £210,000 | £272,479 | 711 |
| 2019 | £200,000 | £262,152 | 903 |
| 2018 | £180,000 | £239,943 | 815 |
| 2017 | £175,000 | £238,682 | 899 |
| 2016 | £167,000 | £233,635 | 1,123 |
| 2015 | £160,000 | £226,080 | 1,119 |
| 2014 | £152,000 | £215,639 | 966 |
| 2013 | £136,000 | £195,690 | 795 |
| 2012 | £135,000 | £198,703 | 662 |
| 2011 | £125,000 | £188,702 | 633 |
| 2010 | £124,000 | £194,464 | 525 |
| 2009 | £125,000 | £200,939 | 488 |
| 2008 | £128,500 | £210,639 | 599 |
| 2007 | £137,000 | £232,390 | 1,244 |
| 2006 | £129,500 | £224,795 | 1,495 |
| 2005 | £120,000 | £213,552 | 1,207 |
| 2004 | £117,000 | £212,495 | 1,423 |
| 2003 | £94,000 | £173,171 | 1,261 |
| 2002 | £78,500 | £147,697 | 1,490 |
| 2001 | £62,500 | £120,153 | 1,420 |
| 2000 | £56,000 | £109,900 | 1,239 |
| 1999 | £52,000 | £103,633 | 1,310 |
| 1998 | £49,000 | £98,910 | 1,222 |
| 1997 | £46,000 | £94,337 | 1,187 |
| 1996 | £43,000 | £90,685 | 908 |
| 1995 | £41,000 | £89,128 | 668 |
In cash terms the typical PE2 home went from £41,000 in 1995 to £230,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 158%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 16% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the PE2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+25.6% on the year before); the weakest, 2008 (−6.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.1% | −4.4% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +3.3% | −0.2% |
| 20 years (since 2006) | +2.9% | +0.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 33% of the typed total. A detached home currently trades at £309,000 against £134,000 for a flat, 2.3 times the price.
Median by property type, PE2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £309,000 | 62 | 8,623 |
| Semi-detached | £232,500 | 63 | 8,558 |
| Terraced | £183,500 | 68 | 10,026 |
| Flats | £134,000 | 15 | 2,810 |
How many homes change hands in PE2
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Month by month, five years back
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 450 sales completed in PE2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,347 sales a year before the financial crisis and 550 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around PE2
For renting purposes PE2 sits in Peterborough. The ONS average private rent there is £981 a month (May 2026). A one-bed averages £687 a month here and a four-or-more-bed £1,509, so size does most of the work in setting the rent.
Average monthly rent by size, Peterborough
ONS Price Index of Private Rents, May 2026.
£981 a month is £11,772 a year, which against the £230,000 median sold price makes a gross yield of 5.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: PE2 (Alwalton)
Are property prices falling in PE2 (Alwalton)?
Is PE2 (Alwalton) a good place to buy a house?
How much did a house sell for in PE2 (Alwalton)?
What happens to PE2 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 10% over five years in cash but down 13% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
PE2's current homes for sale
Everything above is what homes in PE2 sold for. Turning to what is actually available: 241 homes on the market right now, from 7 agents publishing to HomesIndex, at a typical asking price level with the PE2 median sold price.
37% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Oundle Road, Peterborough, Cambridgeshire
- Stagshaw Drive, Fletton, Peterborough, PE2, Peterborough
- Fletton Avenue, Peterborough
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every PE2 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: PE prices by size
Real sold prices by size across the PE area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
PE2 ranks 10 of 35 in the PE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the PE area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside PE2, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE2 5 | £197,500 | 43 |
| PE2 6 | £275,200 | 24 |
| PE2 7 | £272,500 | 9 |
| PE2 8 | £230,000 | 88 |
| PE2 9 | £225,000 | 44 |
How PE2 compares nearby
Same city, different markets. The neighbouring districts of the PE area, dearest first:
| District | Median | 5-year |
|---|---|---|
| PE5 | £700,200 | +64% |
| PE8 | £336,200 | -2% |
| PE9 | £335,000 | +2% |
| PE28 | £330,000 | -6% |
| PE31 | £325,000 | +5% |
| PE36 | £322,000 | +2% |
| PE19 | £310,000 | +3% |
| PE27 | £310,000 | +8% |
| PE26 | £300,000 | +10% |
| PE32 | £291,200 | -1% |
| PE29 | £285,000 | +4% |
| PE33 | £282,500 | +20% |
| PE6 | £280,000 | +10% |
| PE34 | £277,000 | +9% |
| PE14 | £263,000 | +2% |
| PE10 | £260,000 | +10% |
| PE38 | £260,000 | +13% |
| PE37 | £258,000 | +5% |
| PE7 | £250,000 | +4% |
| PE4 | £245,000 | +17% |
| PE12 | £245,000 | +9% |
| PE15 | £235,500 | +2% |
| PE20 | £232,500 | +8% |
| PE2 (this report) | £230,000 | +10% |
Selling in PE2? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PE2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PE2.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE2. Free, with a one click sign in.
The live map plots every individual PE2 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.