56 Days to Sell a Peterborough Home

If you are a Peterborough homeowner or landlord considering selling your property, you may be wondering how long it typically takes to find a buyer.

The time to sell varies depending on several factors: location, property type, price range, number of bedrooms, and market conditions. To give you clarity, we’ve compiled the latest data for the 867 Peterborough properties that sold subject to contract (stc) in the last 3 months.

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Average Days to Sell by Property Type

Overall average: 56 days

• Detached homes: 240 sales – average 53 days

• Semi-detached homes: 345 sales – average 53 days

• Terraced/town houses: 148 sales – average 48 days

• Flats/apartments: 88 sales – average 72 days

Note: The totals may not exactly match the full 867 sales due to properties not falling into the four main categories, such as mobile homes, commercial units, land, and building plots.

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Average Days to Sell by Number of Bedrooms

• One-bed homes: 43 sales – average 68 days

• Two-bed homes: 209 sales – average 56 days

• Three-bed homes: 15 sales – average 47 days

• Four-bed homes: 154 sales – average 72 days

• Five-bed (or more) homes: 38 sales – average 72 days

Figures cover Peterborough city centre plus a 5-mile radius.

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Why Do Some Peterborough Properties Take Longer to Sell?

Selling a home involves far more than simply listing it online. The two biggest reasons properties take longer (or fail) to sell are:

• Pricing

• Marketing

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Pricing Your Peterborough Home Correctly

The most important factor is setting the right asking price.

Overpricing discourages buyers. It makes your property appear overpriced compared to others.

Consider this:
Only 45.88% of Peterborough homes that left estate agents' books were successfully sold. The remaining 54.12% were withdrawn unsold.

Solution:
Work with a knowledgeable Peterborough agent who:

• Understands the local market

• Researches recent sales of similar properties

• Provides honest, data-backed valuations

If you do wish to test a slightly higher price, that’s perfectly understandable. But if you don't attract serious interest in the first couple of weeks, it's wise to adjust the price quickly.

Why?

• Homes that sell within the first 25 days have a 94% chance of successfully completing.

• Homes that take over 100 days to sell drop to just a 56% chance of completing.

Timing and pricing are crucial.

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Choosing the Right Estate Agent

Your choice of agent directly affects how quickly your home sells.

• Some agents actively market properties and engage buyers.

• Others list and wait.

If your agent isn't delivering, don’t hesitate to hold them accountable.

As a Peterborough property specialist, we provide:

• Bespoke marketing plans tailored to your property

• Full transparency

• Regular updates throughout the process

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The Importance of Great Marketing

Photography & Video:
First impressions are formed online. Poor or outdated images can cost you viewings.

• Seasonal photos (e.g. Christmas trees or snow) instantly reveal how long your home has been on the market.

• Updating images as the seasons change keeps your listing fresh and appealing.

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Selling Your Peterborough Home

Selling your home isn’t a box-ticking exercise. It’s a significant step that requires:

• Proper guidance

• Careful planning

• Consistent support

We know the Peterborough property market inside out and offer:

• Tailored advice

• Hands-on support

• A smooth, stress-free selling experience

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Thinking of Moving?

Whether you're selling a detached house, terraced home, or flat, we’re here to help.

Get in touch today — we’d love to chat about how we can secure the right result for you.