All but two areas of Cambridgeshire have seen an increase in property prices
One area has been named Cambridgeshire’s property hotspot, with prices growing faster than anywhere else in our county. Average house prices in the Peterborough City Council area were £237,000 in the year to January 2026.
That’s an increase of 6.1 percent compared to the same time last year, the equivalent of an extra £14,000 per home. It’s the largest annual increase in our county and far higher than the UK average of 1.3 percent.
East Cambridgeshire, meanwhile, has seen average house prices increase by 5.0 percent to £346,000. That’s the equivalent of an extra £16,000 on every home. In Fenland, average prices are up by 4.8 percent (equivalent to £11,000 per home), and in Huntingdonshire by 3.3 percent (equivalent to £10,000 per home).
Two parts of our county have, however, seen prices fall over the last 12 months. Cambridge’s average house price was £477,000 in the year to January 2026. That’s a fall of 2.5 percent compared to a year earlier, equivalent to £12,000 being shaved off every house.
South Cambridgeshire has seen a less dramatic drop. The average house price there was £430,000 in January, down by 0.6 percent over the course of the year, equivalent to £3,000 per house.
Use our gadget below to see how house prices have changes across the country
Across the UK, house prices have continued to fall, down by £4,000 in just three months. It cost £268,000 to buy the average house in the UK in January, according to the latest figures from the Office for National Statistics.
That’s down for the second month in a row, falling from an all-time peak of £272,000 in November 2025. It means prices have dropped by £4,000 in the space of just three months, and average house prices are now back to where they were in June last year.
Despite these recent falls, however, the cost of buying a home is still higher now than it was at the same time last year. January’s average prices are 1.3 percent higher than in January 2025, when the average was £265,000.
The health of the property market varies across the UK. Average house prices in the Newry Mourne and Down council area in Northern Ireland have seen the steepest increases over the last 12 months. The average house price in the area in January was £219,000. That’s a 12.4 percent increase compared to a year earlier, equivalent to an extra £24,000 per home.
Mid Ulster has the UK’s next largest increase for a local authority area. The typical home there cost £189,000 in January. That’s a 10.7 percent increase compared to the same time last year, equivalent to an extra £18,000 per home.
The third largest increase is also in Northern Ireland, with prices in Fermanagh and Omagh rising by 10.2 percent, equivalent to an extra £18,000 per home. Meanwhile, back in England, Forest of Dean has seen the largest increase. The typical home there cost £301,000 in January, 9.6 percent more than a year earlier and equivalent to an extra £26,000 per home.
Darlington has England’s and the UK’s next largest increase at 9.5 percent. That’s followed by Wirral at 8.8 percent and West Dunbartonshire at 8.6 percent, which is the largest annual increase in Scotland.
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