UK city that was incredible in 80s but now has ‘atmosphere of misery’
Employment opportunities have surged by 23.9% since 2014, while population numbers have grown by 14.2% over the same timeframe, surpassing the national average by nearly double. Situated just 48 minutes from London, the cathedral city in Cambridgeshire has also gained recognition as a budget-friendly destination for commuters.
Despite these figures, the city’s current reputation among locals tells a contrasting story. Residents describe their surroundings as bleak, with a noticeable shift in tone from past praise. One Reddit user, u/Deep-Ambassaord6373, remarked: “Peterborough city itself isn’t in great shape. It’s been underinvested in for years, feels stagnant, and you can see the decline more or less everywhere you go.”
Property Market Trends
Rightmove data reveals that property prices in Peterborough averaged £254,282 last year, with semi-detached homes selling for around £239,693 and terraced properties priced at £195,691. These figures remain significantly lower than London’s average of £654,969, according to Zoopla. However, affordability is often cited as a key factor keeping people in the area.
Resident Perspectives
“I know Peterborough fairly well, and the change has been incredible since the 80s when it was a small, clean, modern city; it’s a total dump these days.”
Another user, @jenn53803, echoed this sentiment: “Peterborough is now a s***hole!! It used to be a beautiful market town, with a lot of heritage and traditions. Now it’s a dump.” Meanwhile, u/slophiewal offers a more optimistic view, stating: “The city still has the potential to be fantastic and thriving, but it just seems to fall a bit short.”
Historic and Cultural Highlights
Despite its challenges, the city boasts several notable attractions. The Norman Cathedral, constructed in 1238, stands as a testament to its rich history. For history enthusiasts, the burial site of Henry VIII’s first wife, Catherine of Aragon, adds a unique draw. The 16th-century Burghley House and Nene Park—spanning 10km along the River Nene valley—further highlight its cultural and natural appeal. Ferry Meadows Country Park is also a highlight for those who enjoy outdoor activities.
Residents often mention the city’s affordability as a redeeming quality. While the average monthly rent in the area is £2,526, this is still more accessible than the cost of living in other parts of the UK. The city’s proximity to Cambridge, known for its scenic cobbled streets and punting opportunities on the river, makes it a convenient base for weekend escapes.
Interestingly, Peterborough’s struggles have been overshadowed by the rising popularity of Wandsworth in South West London. A 2025 study tracking over 23,000 relocations found Wandsworth as the most sought-after London borough. Yet, its housing prices—averaging over £810,224 in the past year—far exceed the national average of £269,900. Residents there praise its tranquil vibe, expansive green spaces, and high-quality schools.
This contrast between the city’s historical appeal and modern challenges underscores its evolving identity. While some see promise in its future, others remain skeptical, with the city recently ranking as the second most depressing place to live in Britain, according to ILiveHere’s 2024 survey.
London & Country Mortgages provides free guidance to residents, offering support through their authorized services under the Financial Conduct Authority (registered number: 143002). Although most Buy to Let mortgages aren’t regulated by the FCA, the city’s property market continues to attract those seeking value and convenience.
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