Highest number of homes built in Peterborough in more than 25 years

Outside the Council chamber at Peterborough Town Hall on Bridge Street. Photo: Paul Franks/Peterborough Telegraph
Outside the Council chamber at Peterborough Town Hall on Bridge Street. Photo: Paul Franks/Peterborough Telegraph
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Over 1,300 homes were built in Peterborough over the past year, the highest figure in more than 25 years.

There were 1,352 new homes built in Peterborough in 2014/15, with 10 knocked down.

The net gain of 1,342 was an increase of 55 per cent on the previous 12 months when 863 properties were built.

Of the homes built, 507 properties (more than a third) were affordable housing.

This is up from 143 affordable homes built in 2013/14.

Councillor Peter Hiller, cabinet member for growth, planning, housing and economic development at the council, said: “There is huge demand for housing in Peterborough. We are the UK’s second fastest growing city with a thriving economy, creating thousands of new jobs every year.

“We need to build more homes to keep up with demand. Over the past 12 months we have seen housing developers start and expand projects across the city.

“We understand there needs to be more high quality homes that residents can afford and so the sharp increase in the number of affordable properties built is very pleasing.

“The high levels of house building needs to continue and we are confident this will be achieved through developments like the former hospital site and the continuing expansion of Hampton.”

Stewart Jackson, MP for Peterborough, said: “I support the building of high quality homes for local working families, and the government’s Help to Buy Scheme has contributed towards this excellent performance to ensure that people fulfil the dream of owning their own home.”

The ward with the largest number of new homes was Stanground Central with 394 properties built over the last 12 months.

The second highest ward increase was in Central (135 completions) and third was West (134 completions).

Ian Jackson, director of development at the Longhurst Group, said: “We’re absolutely delighted to be working with our colleagues at Peterborough City Council and bringing high quality homes to the city as part of their growth agenda.

“We built 555 homes across the East and West Midlands last year for our member companies (L&H Homes, Spire Homes & Friendship Care and Housing).

“Of those, 162 were built in Peterborough. This not only helps to meet local need in the city but makes great use of the brownfield sites at both our Midland Road and Windsor Avenue developments.”