PE1 2HP is a residential postcode situated on Cromwell Road, Peterborough, PE1 with 18 addresses.
It ranks as the 403rd largest and 638th most expensive of the 948 postcodes in the PE1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 16 houses and 2 flats.
PE1 2HP is a residential postcode situated on Cromwell Road, Peterborough, PE1 with 18 addresses.
It ranks as the 403rd largest and 638th most expensive of the 948 postcodes in the PE1 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 16 houses and 2 flats.
Sale prices range from £98,469 for 2 bedroom Leasehold flats (688 ft2) to £221,633 for 4 bedroom freehold houses with a garden (1,388 ft2) .
Monthly rental prices range from £726 pcm for 2 bed flats to £1,255 pcm for 4 bed houses.
The gross rental yield is between 6.7% and 8.8%.
The average value per square foot is £170.
The last sale in PE1 2HP sold for £200,000 on 2nd September 2022. Since then prices are down an average of 2.7%.
The current average value in the postcode is £192,309.
The PE1 2HP Sales Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £192,309 |
| April 2025 | 0.8% | £193,555 |
| April 2024 | -2.7% | £192,004 |
| April 2023 | 4.2% | £197,426 |
| April 2022 | 11.7% | £189,529 |
| April 2021 | 5.9% | £169,634 |
| April 2020 | 1% | £160,242 |
| April 2019 | 2% | £158,678 |
| April 2018 | 5.9% | £155,642 |
| April 2017 | 6.4% | £146,998 |
| April 2016 | 4.9% | £138,131 |
| April 2015 | 4.6% | £131,639 |
| April 2014 | 6.9% | £125,868 |
| April 2013 | 2% | £117,798 |
| April 2012 | -1.6% | £115,463 |
| April 2011 | -2.3% | £117,325 |
| April 2010 | 2.3% | £120,120 |
| April 2009 | -16.4% | £117,387 |
| April 2008 | -1.9% | £140,411 |
| April 2007 | 0% | £143,136 |
The current average rental value in the postcode is £1,104.
The PE1 2HP Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,104pcm |
| April 2025 | 4.6% | £1,081pcm |
| April 2024 | 9.4% | £1,034pcm |
| April 2023 | 10.8% | £945pcm |
| April 2022 | 4.9% | £853pcm |
| April 2021 | 3.7% | £813pcm |
| April 2020 | 1.3% | £784pcm |
| April 2019 | 0.3% | £774pcm |
| April 2018 | 3.5% | £772pcm |
| April 2017 | 2.1% | £746pcm |
| April 2016 | 5.2% | £731pcm |
| April 2015 | 2.8% | £694pcm |
| April 2014 | 2.3% | £676pcm |
| April 2013 | 3.2% | £661pcm |
| April 2012 | 2% | £640pcm |
| April 2011 | 4.1% | £627pcm |
| April 2010 | -2.4% | £603pcm |
| April 2009 | -6.5% | £617pcm |
| April 2008 | 2.5% | £660pcm |
| April 2007 | 0% | £644pcm |
The last sale was on 2nd September 2022 for £200,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 13 sales since 1995.
PE1 2HP has seen no sales in the last three years and no sales in the last twelve months.
PE1 2HP is the 403rd largest and the 638th most expensive postcode out of the 948 postcodes in the PE1 area.
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The closest station to PE1 2HP is Peterborough station which is 900 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PE1 2HP, 48.9% of property is privately rented and 21.8% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE1 2HP, 29.8% of residents are recorded as possessing school level qualifications and 11.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE1 2HP, the average age was 33.8 and the most common age was 17.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE1 2HP, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE1 2HP, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.