CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
|Investor Profile||Pension, Business and Cash&Equity|
|Population aged 15+:||107,987|
|Percentage Class ABC1:||39%||44%|
|Per 1000 population||17||1||10||8|
|Yield Range:||4.5% - 8.8%|
|Price Ranges||Low £||Hi £||Low £pw||Hi £pw||Low||Hi|
|Valuations above the national average by:||0%|
|Capital growth last 12 months:||22%||18%|
|Capital growth last 4 years:||70%||74%|
|Large employers in the area:||Coca Cola & Schweppes Beverages, British Sugar, ACCO UK, Freemans, Pearl Assurance, Peterborough Council & Royal Mail|
|Demand For Letting:||Good|
|Average void period:||2 week|
(out of 10)
(out of 5)
(out of 5)
|Out of 10:||7||4||4|
|Summary:||Good population growth predicted so likelihood of above average property price growth.|
|Peterborough is located 80 miles (128 kilometres) north of London and 40 miles (64 kilometres) north-west of Cambridge. The city benefits from frequent high-speed train services on the main East Coast rail line. Adjacent roads such as the A1(M), A14 and A47 provide swift access to the national road network. There are rapid connections with major airports such as Heathrow, Gatwick, Stansted, Luton, East Midlands and Birmingham. Peterborough is within easy reach of major East Coast sea ports such as Felixstowe, Harwich and Hull.|
Peterborough's status as a dynamic business centre has been underlined by research that ranks the city as one of the four most productive non-metropolitan locations in Britain, along with Norwich, St Albans and Southampton. The 2002 UK Competitiveness Index - compiled by Robert Huggins Associates, a research-based economics consultancy and think-tank - places Peterborough in 15th position out of the country's top 56 city areas for overall competitiveness. The index benchmarks a range of economic factors including: Productivity, gross domestic product per person, economic activity, business density, proportion of knowledge-based businesses, unemployment rates and average earnings.
Peterborough’s projected population growth accelerates from 6.6% for the period 1996 - 2006 To 11% for the period 2006 – 2016
Peterborough was designated a 'New Town' in 1968, and the Peterborough Development Corporation was established to double the city's population in close partnership with the city council. The master plan was to concentrate development in four new residential townships, each with a full range of social and economic facilities. The last of these, Hampton, is now being built to the south of the city, which will continue the city's growth into the next century with the development of over 5,000 houses and industry and commercial space for 12,000 jobs.
The city centre has developed into a regional shopping centre. The indoor Queensgate centre, voted amongst the best in Europe, complements the older, tree-lined pedestrianised shopping area.
Peterborough is a major centre for sport and recreation. Among its open spaces are the Nene Country Park and Ferry Meadows, with extensive sporting facilities. There are ten golf courses within 20 miles, and Peterborough is a centre for major shows and displays, including the East of England Show - Britain's second-largest agricultural show.
Peterborough was designated an Environment City in 1992, one of only four cities in Britain to be given this status. A unique environment partnership exists between public, private and voluntary sectors, centred on the Peterborough Environment City Trust, which takes a lead role in many environmental initiatives in the area.
A university for Peterborough has just been established, by a partnership involving the city council, a number of private and voluntary sector partners and Loughborough University.
|Mainline railway station:||One hour to London Kings Cross|
|Main access A47 & A1|
55 miles south east of Nottingham
33 miles from M11
|Local Newspaper||Peterborough Evening Telegraph 01733 555111|
|Cook & Ward||44 Cowgate|
|City & County Estate Agents||Brittanic House|
|Dickens Watts & Dade||Saxon House|
|Woodcock Holmes Estate Agents||347 Lincoln Road|
|Covehome Ltd||85, Park Rd|
|Countrywide Residential Lettings||1, Queen St|
|William H Brown||7-9, Cowgate|