In this paper, a fast, cheap, simple, sensitive and selective spectrophotometric method based on high spin peroxo-Fe(III)-EDTA complex in the alkaline medium was developed for the determination of hydrogen peroxide (H
2
O
2
) in real water samples. The purple-coloured complex with a maximum absorbance at a wavelength of 525 nm was formed. Various parameters such as type of stabilizer reagent and its concentration, reaction time, Fe(III), EDTA and NH
3
concentration were optimized. The method was confirmed with the Beer’s law with a molar absorption coefficient of 267.36 L mol
-1
cm
-1
in the 8.3 ×10
-6
–4.08 ×10
-3
mol/L concentration range. Sandell’s sensitivity of the proposed method was also calculated as 0.188 μg/cm
2
. LOD and LOQ were determined as 2.5 ×10
-6
and 8.3 ×10
-6
mol/L, respectively. Intraday and interday relative standard deviation of the proposed method for 2.0 ×10
-4
mol / L of H
2
O
2
were found as 1.5% and 6.1%, respectively. The developed method is suitable for fast monitoring of H
2
O
2
in different types of aqueous water samples without any sample preparation steps and acceptable recovery values between 90% and 118% were obtained. In the sample analysis, H
2
O
2
removed solutions from the real water samples were used for blank correction in their analysis and this process provides more reliable and accurate results in real sample analysis.