HOUSING: Home cost surge out-paces london - 2004-02-10
Research by the Land Registry indicates that during the last quarter of 2003, the average house price in the city was £119,462.
"We are seeing terraced houses that were selling for £95,000 before Christmas going for £105,000 now.
"But prices are still low considering our close location to London, and mortgage companies seem willing to lend more money these days."
Read the full story at Peterborough Evening Telegraph