PE2 8LF is a residential postcode situated on Mercian Court, Stanground, Peterborough, PE2 with 29 addresses.
It ranks as the 484th largest and 78th most expensive of the 849 postcodes in the PE2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 29 properties: 14 houses and 15 flats.
PE2 8LF is a residential postcode situated on Mercian Court, Stanground, Peterborough, PE2 with 29 addresses.
It ranks as the 484th largest and 78th most expensive of the 849 postcodes in the PE2 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 29 properties: 14 houses and 15 flats.
Sale prices range from £104,760 for 2 bedroom leasehold flats (775 ft2) to £224,068 for 4 bedroom freehold houses with a garden (1,237 ft2) .
Monthly rental prices range from £633 pcm for 2 bed flats to £1,202 pcm for 4 bed houses.
The gross rental yield is between 6.4% and 7.2%.
The average value per square foot is £135.
The last sale in PE2 8LF sold for £200,000 on 3rd January 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £148,552.
The PE2 8LF Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £148,552 |
| April 2025 | 0.3% | £149,791 |
| April 2024 | -2.5% | £149,300 |
| April 2023 | 3.7% | £153,160 |
| April 2022 | 10.8% | £147,754 |
| April 2021 | 4% | £133,333 |
| April 2020 | 0.7% | £128,253 |
| April 2019 | 1.9% | £127,375 |
| April 2018 | 4.1% | £124,950 |
| April 2017 | 8.6% | £119,978 |
| April 2016 | 6% | £110,448 |
| April 2015 | 5.1% | £104,229 |
| April 2014 | 6.3% | £99,147 |
| April 2013 | 1.8% | £93,289 |
| April 2012 | -1.6% | £91,639 |
| April 2011 | -3.1% | £93,167 |
| April 2010 | 3.9% | £96,165 |
| April 2009 | -14.4% | £92,566 |
| April 2008 | -2.2% | £108,092 |
| April 2007 | 0% | £110,555 |
The current average rental value in the postcode is £845.
The PE2 8LF Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £845pcm |
| April 2025 | 4.8% | £831pcm |
| April 2024 | 6.4% | £793pcm |
| April 2023 | 9.1% | £746pcm |
| April 2022 | 5.1% | £684pcm |
| April 2021 | 4.8% | £650pcm |
| April 2020 | 1.4% | £620pcm |
| April 2019 | -0.2% | £612pcm |
| April 2018 | 1.9% | £613pcm |
| April 2017 | 3% | £601pcm |
| April 2016 | 5.5% | £583pcm |
| April 2015 | 3% | £553pcm |
| April 2014 | 3% | £537pcm |
| April 2013 | 2.4% | £521pcm |
| April 2012 | 2.4% | £509pcm |
| April 2011 | 2.8% | £497pcm |
| April 2010 | -2% | £484pcm |
| April 2009 | -7.5% | £494pcm |
| April 2008 | 2.8% | £533pcm |
| April 2007 | 0% | £519pcm |
The last sale was on 3rd January 2025 for £200,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 7 sales since 1995.
PE2 8LF has seen 1 sale in the last three years and no sales in the last twelve months.
PE2 8LF is the 484th largest and the 78th most expensive postcode out of the 849 postcodes in the PE2 area.
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The closest station to PE2 8LF is Peterborough station which is 2.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PE2 8LF, 75.2% of property is socially rented and 10.5% is privately rented.
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 PE2 8LF, 23.3% of residents are recorded as possessing school level qualifications and 11.2% 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 PE2 8LF, the average age was 37.3 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 PE2 8LF, 1.3% 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 PE2 8LF, there are an average of 0.4 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.