Living

An affordable base for young professionals and growing families that's filled with possibilities

An affordable base for young professionals and growing families that's filled with possibilities

Peterborough is a fantastic place to live and work. We’re a base for growing families with over 40% of our population aged under 16. Land value has increased by around 40% since 2010 yet the house price to earnings ratio remains more affordable than many surrounding areas, and busy commuters can get to the centre of London in just 39 minutes – quicker than travelling from some of the capital’s suburbs!

It’s not just physical connectivity that sets us apart. Our gigabit infrastructure is facilitating business innovation and making it easy for residents to work from home while collaborating with colleagues around the world.

17%

increase in resident earnings 2011-2019

25%

more affordable house price to earnings ratio

1GB

lightning fast full-fibre internet across the city

Peterborough is home to some of the biggest industry names like British Sugar, Perkins Engines, URBN, and CITB, and with one of the highest business start-up rates in the country, lightning-fast connections have been paramount for success and ensuring continuity. It’s helping businesses innovate and optimise Industry 4.0 technologies, and we’re already honing the skills of our future engineers with specialist education facilities. Cross-sector innovation will become even more prevalent as the University of Peterborough opens in 2022.

As a smart city we’re always looking for ways to improve quality of life and testbeds are giving us data to improve air quality, living standards, and maintain safety.

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From blueprint to reality

Key housing developments at the Hamptons, the Ortons and Fengate, are meeting our growing population’s needs. Luxury riverside living at Fletton Quays has set the standard for our city centre regeneration plans; it’s already provided the new UK headquarters for the Construction Industry Training Board (CITB), a new base for Peterborough City Council, and will also bring a Hilton Hotel and gin distillery to the city centre.

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Around our city centre, we’re aiming to develop mixed use sites to offer residential and commercial spaces that can also expand our retail and visitor offer. There are seven more mixed use development opportunities within some of the busiest areas of Peterborough – there’s never been a better time to join our busy city!

Discover investment sites in our city centre

Next Steps...

To find out more about what Peterborough has to offer, talk to Opportunity Peterborough