Reeves Way - PE1 5LG
Key Postcode Insights
PE1 5LG is a residential postcode situated on Reeves Way, Peterborough, PE1 with 50 addresses.
It ranks as the 868th largest and 703rd most expensive of the 948 postcodes in the PE1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 50 properties: 44 houses and 6 other properties.
- Ave. Sale Price
- £221,262
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,107pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
PE1 5LG is a residential postcode situated on Reeves Way, Peterborough, PE1 with 50 addresses.
It ranks as the 868th largest and 703rd most expensive of the 948 postcodes in the PE1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 50 properties: 44 houses and 6 other properties.
- Ave. Sale Price
- £221,262
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,107pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties in PE1 5LG
- 16 Reeves Way
3 Bed Mid-century House
- 18 Reeves Way
3 Bed Mid-century House
- 20 Reeves Way
4 Bed Mid-century House
- 22 Reeves Way
3 Bed Mid-century House
- 24 Reeves Way
House
Sales Market Trends
The last sale in PE1 5LG sold for £275,000 on 12th January 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £221,262.
The PE1 5LG Sales Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £221,262 |
| June 2025 | 0.5% | £229,488 |
| June 2024 | -2.2% | £228,309 |
| June 2023 | 2.9% | £233,485 |
| June 2022 | 13% | £226,980 |
| June 2021 | 7.2% | £200,919 |
| June 2020 | 2% | £187,444 |
| June 2019 | 1.7% | £183,801 |
| June 2018 | 6.5% | £180,674 |
| June 2017 | 8.4% | £169,692 |
| June 2016 | 4.3% | £156,492 |
| June 2015 | 6.3% | £150,094 |
| June 2014 | 6.3% | £141,221 |
| June 2013 | 2.7% | £132,804 |
| June 2012 | 0.3% | £129,373 |
| June 2011 | -3.1% | £129,022 |
| June 2010 | 6.2% | £133,169 |
| June 2009 | -15.1% | £125,368 |
| June 2008 | -4.9% | £147,618 |
| June 2007 | 0% | £155,179 |
Rental Market Trends
The current average rental value in the postcode is £1,107.
The PE1 5LG Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,107pcm |
| June 2025 | 3.2% | £1,090pcm |
| June 2024 | 9.2% | £1,056pcm |
| June 2023 | 12.3% | £967pcm |
| June 2022 | 6.6% | £861pcm |
| June 2021 | 4.7% | £808pcm |
| June 2020 | 0.8% | £771pcm |
| June 2019 | 1.7% | £765pcm |
| June 2018 | 3.1% | £752pcm |
| June 2017 | 3.4% | £730pcm |
| June 2016 | 6.1% | £706pcm |
| June 2015 | 3.1% | £665pcm |
| June 2014 | 2.3% | £645pcm |
| June 2013 | 4.2% | £630pcm |
| June 2012 | 2.3% | £605pcm |
| June 2011 | 5% | £591pcm |
| June 2010 | 1.8% | £563pcm |
| June 2009 | -6.9% | £553pcm |
| June 2008 | 1.9% | £594pcm |
| June 2007 | 0% | £583pcm |
Sales History
The last recorded sale was on 12th January 2026 for £275,000 and since then the market in the area has decreased by 0.8%.
PE1 5LG has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Jan 2026£275,000 | 3 Bed House66, Reeves Way, Peterborough, PE1 5LG66, Reeves Way, Peterborough, PE1 5LG
- Sold Dec 2024£285,000 | 4 Bed House20, Reeves Way, Peterborough, PE1 5LG20, Reeves Way, Peterborough, PE1 5LG
- Sold Aug 2023£285,000 | 4 Bed House50, Reeves Way, Peterborough, PE1 5LG50, Reeves Way, Peterborough, PE1 5LG
Nearby Postcodes
PE1 5LG is the 868th largest and the 703rd most expensive postcode out of the 948 postcodes in the PE1 area.
- PE1 5LF, Reeves Way, Peterborough, PE1PE1 5LF62 Addresses|55 m away
- PE1 5PF, Fleetwood Mews, Peterborough, PE1PE1 5PF8 Addresses|73 m away
- PE1 5PD, St. Thomas Close, Peterborough, PE1PE1 5PD7 Addresses|115 m away
- PE1 5PB, Fleetwood Crescent, Peterborough, PE1PE1 5PB18 Addresses|134 m away
- PE1 5LN, Shire Grove, Peterborough, PE1PE1 5LN22 Addresses|142 m away
Property Types
- 40 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 2 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century house (40)
- house (2)
- early-century house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 42 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (29)
- G (0)
- D (11)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Jun 2021£310,000 | 4 Bed House20, Reeves Way, Peterborough, PE1 5LG20, Reeves Way, Peterborough, PE1 5LG
- Sold Dec 2024£285,000 | 4 Bed House20, Reeves Way, Peterborough, PE1 5LG20, Reeves Way, Peterborough, PE1 5LG
- Sold Nov 2022£285,000 | 3 Bed House18, Reeves Way, Peterborough, PE1 5LG18, Reeves Way, Peterborough, PE1 5LG
Schools Nearby
- St Thomas More Catholic Primary School400 m away
- Lime Academy Abbotsmede600 m away
- Newark Hill Academy700 m away
- City of Peterborough Academy100 m away
- St John Fisher Catholic High School300 m away
- Greater Peterborough UTC700 m away
More reading links
Public Transport Nearby
The closest station to PE1 5LG is Peterborough station, which is 2.1 kilometres away.
- Peterborough|2.1 km away
- Whittlesea|8.0 km away
- Stamford (Lincs)|18.8 km away
- March|21.4 km away
