Peterborough is one of the busiest cities in the East of England and has a thriving centre with shops, restaurants and cafes. Over the years, it has become one of the UK’s fastest-growing cities, overtaking Liverpool and Manchester. Here, we’ve got everything you need to know about moving to Peterborough.
A brief history of Peterborough
The first human settlement in Peterborough came during the Bronze Age, while there is also evidence of Roman occupation. During the Anglo-Saxon period, a monastery was constructed, which later became Peterborough Cathedral.
Where is Peterborough
Peterborough is a cathedral city in the county of Cambridgeshire. It’s located in East England and is around 76 miles north of London and 41 miles to Cambridge.
Moving to Peterborough
You will find a wide range of housing in Peterborough, from period properties to new-build homes. Yaxley is a popular area in the city with its detached homes, terraced houses and bungalows. Other sought-after neighbourhoods include Whittlesey Hampton Vale, which has a selection of newer homes.
Buying in Peterborough
The average sold price in Peterborough is £261,726, which is lower than the UK national average of £329,547. Expect to pay an average of£358,680 for a detached home, £188,445 for a terraced house and £125,354 for an apartment.
There’s a varied selection of estate and letting agents in Peterborough, with chain and independent options available to help you find a home.
Renting in Peterborough
One-bedroom homes rent for an average of £775 per month in Peterborough, with two-bedroom properties fetching in the region of £1,050 per month. For larger homes, expect to pay an average of £1,250 per month.
Cost of living
If you’re moving to Peterborough, you can expect slightly lower prices than the UK national average for everyday living. A meal for one person is around £10, while a cappuccino and a pint of milk cost about £2.50p and £1 respectively.
Utility bills are also lower than the national average (UK average £155) in Peterborough, at around £139 per month for electricity, heating, cooling, water and waste disposal. Expect to pay approximately £32 per month for broadband.
Living in Peterborough
Spend some time wandering Ferry Meadows Park, one of the largest country parks in the region. There’s a Green Wheel cycle route as well as a relaxing lakeside area. Barnwell Park is another popular option and features 37 acres of lakes, riverbanks and meadows.
Peterborough is well connected with trains providing services to major cities like London and Edinburgh. It’s also on the A1, which means drivers have easy access to London in the south and cities in the Midlands and the north.
The city centre has undergone plenty of regeneration, with an array of shops for residents to explore now open. The Queensgate Shopping Centre has more than 90 stores, while Westgate Arcade features a range of independent retailers.
Choose from a selection of chain favourites and independent restaurants in Peterborough. From elegant steakhouses with classics from the grill and seafood options to chain restaurants serving classic French food.
If you’re looking for late-night partying, head to Peterborough city centre. It features a cocktail bar, retro-themed dance party and modern club spaces with DJs. There’s also a good selection of bars!
Art & culture
Spend some time at the Peterborough Museum & Art Gallery and view the historical art collections. Or visit the 1,191-capacity New Theatre and watch a variety of shows, including comedy, musicals and more.
Things to do
Despite undergoing plenty of regeneration, Peterborough retains much of its rich history. Visit the 13th-century cathedral with its majestic gothic facade. Or spend some time at one of the archaeological and historical sites that give you an insight into Peterborough’s history.
What’s not to like?
The new regeneration seen in the city might not be for everybody.
Who lives there?
Peterborough has a population of more than 202,000 and a median age of 41.
Typical broadband speeds
The average broadband speed is 110mbps in Peterborough, which is much higher than the UK national average of 67mbps.
The overall crime rate in Peterborough averages around 89 crimes per 1,000 people.
Moving to Peterborough
Move iQ’s property report provides an in-depth analysis of specific properties as well as details about the local area of Peterborough. If you’re thinking of moving, make sure you get one first!
Last Updated: July 14th, 2022