PE1 5LF is a residential postcode situated on Reeves Way, Peterborough, PE1 with 62 addresses.
It ranks as the 915th largest and 764th most expensive of the 948 postcodes in the PE1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 62 properties: 54 houses and 8 flats.
PE1 5LF is a residential postcode situated on Reeves Way, Peterborough, PE1 with 62 addresses.
It ranks as the 915th largest and 764th most expensive of the 948 postcodes in the PE1 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 62 properties: 54 houses and 8 flats.
Sale prices range from £85,415 for 2 bedroom leasehold flats (473 ft2) to £347,437 for 5 bedroom freehold houses with a garden (1,862 ft2) .
Monthly rental prices range from £674 pcm for 2 bed flats to £1,692 pcm for 5 bed houses.
The gross rental yield is between 5.6% and 9.5%.
The average value per square foot is £249.
The last sale in PE1 5LF sold for £130,000 on 31st January 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £223,635.
The PE1 5LF Sales Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £223,635 |
| April 2025 | 1% | £225,735 |
| April 2024 | -3% | £223,468 |
| April 2023 | 4.4% | £230,374 |
| April 2022 | 12.7% | £220,741 |
| April 2021 | 5.7% | £195,864 |
| April 2020 | 1.5% | £185,227 |
| April 2019 | 1.8% | £182,505 |
| April 2018 | 6.4% | £179,223 |
| April 2017 | 7% | £168,371 |
| April 2016 | 5% | £157,376 |
| April 2015 | 4.8% | £149,835 |
| April 2014 | 6.9% | £142,915 |
| April 2013 | 3.5% | £133,677 |
| April 2012 | -1.2% | £129,166 |
| April 2011 | -2.8% | £130,766 |
| April 2010 | 4.8% | £134,508 |
| April 2009 | -16.4% | £128,405 |
| April 2008 | -2.4% | £153,633 |
| April 2007 | 0% | £157,434 |
The current average rental value in the postcode is £1,103.
The PE1 5LF Rental Market has increased by 54.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,103pcm |
| April 2025 | 4.5% | £1,084pcm |
| April 2024 | 9.6% | £1,037pcm |
| April 2023 | 11.2% | £946pcm |
| April 2022 | 5.1% | £851pcm |
| April 2021 | 3.8% | £809pcm |
| April 2020 | 1.7% | £779pcm |
| April 2019 | 0.4% | £767pcm |
| April 2018 | 4.2% | £764pcm |
| April 2017 | 2.4% | £733pcm |
| April 2016 | 5.6% | £716pcm |
| April 2015 | 2.7% | £678pcm |
| April 2014 | 2.2% | £660pcm |
| April 2013 | 5% | £646pcm |
| April 2012 | 2.7% | £615pcm |
| April 2011 | 4.1% | £599pcm |
| April 2010 | -0.5% | £576pcm |
| April 2009 | -5.8% | £579pcm |
| April 2008 | 2% | £615pcm |
| April 2007 | 0% | £603pcm |
The last sale was on 31st January 2025 for £130,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 59 sales since 1995.
PE1 5LF has seen 3 sales in the last three years and no sales in the last twelve months.
PE1 5LF is the 915th largest and the 764th most expensive postcode out of the 948 postcodes in the PE1 area.
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The closest station to PE1 5LF is Peterborough station which is 2.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PE1 5LF, 33.5% of property is socially rented and 29.8% is privately owned with a mortgage.
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 5LF, 35.8% of residents are recorded as possessing school level qualifications and 19.6% 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 5LF, the average age was 35.3 and the most common age was 32.
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 5LF, 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 5LF, there are an average of 1.0 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, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.