Reeves Way - PE1 5LR
Key Postcode Insights
PE1 5LR is a residential postcode situated on Reeves Way, Peterborough, PE1 with 20 addresses.
It ranks as the 469th largest and 765th 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 20 properties: 18 houses and 2 other properties.
- Ave. Sale Price
- £231,258
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,133pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
PE1 5LR is a residential postcode situated on Reeves Way, Peterborough, PE1 with 20 addresses.
It ranks as the 469th largest and 765th 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 20 properties: 18 houses and 2 other properties.
- Ave. Sale Price
- £231,258
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,133pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in PE1 5LR
- 109 Reeves Way
3 Bed Mid-century House
- 111 Reeves Way
House
- 113 Reeves Way
3 Bed Mid-century House
- 115 Reeves Way
3 Bed Mid-century House
- 116 Reeves Way
4 Bed Early-century House
Sales Market Trends
The last sale in PE1 5LR sold for £265,000 on 19th January 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £231,258.
The PE1 5LR Sales Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £231,258 |
| June 2025 | 0.5% | £239,856 |
| June 2024 | -2.2% | £238,624 |
| June 2023 | 2.9% | £244,034 |
| June 2022 | 13% | £237,234 |
| June 2021 | 7.2% | £209,997 |
| June 2020 | 2% | £195,913 |
| June 2019 | 1.7% | £192,105 |
| June 2018 | 6.5% | £188,837 |
| June 2017 | 8.4% | £177,359 |
| June 2016 | 4.3% | £163,563 |
| June 2015 | 6.3% | £156,876 |
| June 2014 | 6.3% | £147,602 |
| June 2013 | 2.7% | £138,804 |
| June 2012 | 0.3% | £135,218 |
| June 2011 | -3.1% | £134,851 |
| June 2010 | 6.2% | £139,185 |
| June 2009 | -15.1% | £131,032 |
| June 2008 | -4.9% | £154,287 |
| June 2007 | 0% | £162,190 |
Rental Market Trends
The current average rental value in the postcode is £1,133.
The PE1 5LR Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,133pcm |
| June 2025 | 3.2% | £1,116pcm |
| June 2024 | 9.2% | £1,081pcm |
| June 2023 | 12.3% | £990pcm |
| June 2022 | 6.6% | £882pcm |
| June 2021 | 4.7% | £827pcm |
| June 2020 | 0.8% | £790pcm |
| June 2019 | 1.7% | £783pcm |
| June 2018 | 3.1% | £770pcm |
| June 2017 | 3.4% | £747pcm |
| June 2016 | 6.1% | £723pcm |
| June 2015 | 3.1% | £681pcm |
| June 2014 | 2.3% | £660pcm |
| June 2013 | 4.2% | £645pcm |
| June 2012 | 2.3% | £619pcm |
| June 2011 | 5% | £605pcm |
| June 2010 | 1.8% | £576pcm |
| June 2009 | -6.9% | £566pcm |
| June 2008 | 1.9% | £608pcm |
| June 2007 | 0% | £597pcm |
Sales History
The last recorded sale was on 19th January 2026 for £265,000 and since then the market in the area has decreased by 0.8%.
PE1 5LR has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Jan 2026£265,000 | 3 Bed House121, Reeves Way, Peterborough, PE1 5LR121, Reeves Way, Peterborough, PE1 5LR
- Sold Oct 2023£255,000 | 3 Bed House122, Reeves Way, Peterborough, PE1 5LR122, Reeves Way, Peterborough, PE1 5LR
- Sold May 2022£210,000 | 3 Bed House128, Reeves Way, Peterborough, PE1 5LR128, Reeves Way, Peterborough, PE1 5LR
Nearby Postcodes
PE1 5LR is the 469th largest and the 765th most expensive postcode out of the 948 postcodes in the PE1 area.
- PE1 5LU, Broad Close, Peterborough, PE1PE1 5LU34 Addresses|108 m away
- PE1 5LS, Viney Close, Peterborough, PE1PE1 5LS48 Addresses|109 m away
- PE1 5LX, Bishops Close, Peterborough, PE1PE1 5LX27 Addresses|144 m away
- PE1 5LP, Ashcroft Gardens, Peterborough, PE1PE1 5LP39 Addresses|161 m away
- PE1 5LT, The Woodlands, Peterborough, PE1PE1 5LT16 Addresses|192 m away
Property Types
- 15 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (15)
- house (1)
- early-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (0)
- C (10)
- G (0)
- D (4)
- No EPC (3)
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
- Newark Hill Academy400 m away
- St Thomas More Catholic Primary School600 m away
- Lime Academy Abbotsmede900 m away
- City of Peterborough Academy200 m away
- St John Fisher Catholic High School600 m away
- Greater Peterborough UTC800 m away
More reading links
Public Transport Nearby
The closest station to PE1 5LR is Peterborough station, which is 2.4 kilometres away.
- Peterborough|2.4 km away
- Whittlesea|8.0 km away
- Stamford (Lincs)|18.8 km away
- March|21.2 km away
