What’s the biggest street in Peterborough (PE1)?

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Well my recent articles about Peterborough’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the PE1 postcode area, and I have been able find out the biggest streets in the Peterborough (PE1) postcode area.

 

Don’t worry, I will get back to some hard-hitting articles about the lack of new homes being built in Peterborough, the trials and tribulations of being a Peterborough buy-to-let landlord and the future of the Peterborough property market .. yet in this article because of the previous positive comments, I wanted to give you what you, the Peterborough homeowners and Peterborough landlords asked about and wanted!

 

The biggest street in PE1, when it comes to the number of houses on it is Lincoln Road, with 769 homes. In second place is Gladstone Street with 517 homes and in third is Eastfield Road with 396 homes.

Screenshot 2019-09-20 20.17.47

Not surprisingly, the most valuable street of the top 20 biggest streets is Lincoln Road at £105.7m with an average value of £137,000 per property.

The street with the greatest number of movers in the last 3 years is Park Road, with the highest saleability rate of 19.6%.

 

The full breakdown can be found in this chart below.

Screenshot 2019-09-20 20.18.55.png

Yet, did you really think I wouldn’t get at all serious ..

 

The basic rudiments of the Peterborough property market remain principally healthy in many parts of Peterborough, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those Peterborough first time buyers (and especially Peterborough buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow Peterborough agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of Peterborough properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.

 

Irrespective of what happens with Brexit, Peterborough people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we aren’t building enough homes both locally in Peterborough and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!

 

So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc …  yet the choice is yours.

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Qasafi Sadiq

Qasafi has a wealth of knowledge within the property industry, starting within a corporate company many years ago he has progressed up the ladder to reach the position he is in today becoming an Gold Award Winning company in his first year at Next Move Estate Agents. Born and bred in Peterborough he is a local property expert within the Peterborough area and has a true passion and dedication for property. His expertise does not end with merely sales, he also has vast knowledge and experience within the lettings industry therefore, he is great at advising clients the best route to take with their property and also potential rental income certain properties can generate. Outside of work Qasafi takes great pleasure in educating the world about property by hosting a weekly Radio show on Salaam Radio known as “The Peterborough Property Guys”. He also enjoys keeping fit and healthy by attending the gym on a regular basis and spending time with his family being a husband and a father to a son. Qasafi is also a qualified football coach managing the youth team for FC Peterborough twice a week. If you have any property queries or questions Qasafi is definitely the go to guy in Peterborough so please do not hesitate to get in contact with him today!

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