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Property Price Trends
Main Road, Old Leake, Boston, Lincolnshire
PE22 9LJ Boston District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the PE22 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
PE22
Most Expensive Property
£680,000
Lauren's Barn Hurn Road, PE22 0TF
Sold: 15 August 2023
Cheapest Property
£28,000
Bridge Cottage Fen Road, PE22 8HD
Sold: 21 February 1997
£191,000
The average house price in Boston was £191,000 in November 2024 (provisional), up 2.1% from November 2023. This was lower than the rise in the East Midlands (2.7%) over the same period.
£763
Private rents rose to an average of £763 in December 2024, an annual increase of 9.8% from £694 in December 2023. This was higher than the rise in the East Midlands (8.3%) over the year.
£166,000
The average price paid by first-time buyers was £166,000 in November 2024 (provisional). This was 3.2% higher than the average of £161,000 in November 2023 (revised).
£187,000
For homes bought with a mortgage, the average house price was £187,000 in November 2024 (provisional). This was 2.4% higher than the average of £183,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Boston, E07000136). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in PE22 9LJ?
The graph below shows the five-year capital growth figures for properties for the PE22 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in PE22 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Lincolnshire?
Homebuyers
For homebuyers in Lincolnshire, the housing market currently offers a mix of affordability and variety. The average house price in Lincolnshire is around £210,000, with areas like Lincoln (LN1), Grantham (NG31), and Stamford (PE9) being popular choices due to their historical charm and good transport links. House prices in these areas have seen a steady increase of around 5% over the past year, making them attractive options for those looking to invest in a property. However, availability in these sought-after areas can be limited, so it's important for homebuyers to act quickly when a property of interest becomes available.
Renters
For renters in Lincolnshire, the rental market offers a range of options to suit different budgets and preferences. The average rent for a property in Lincolnshire is around £700 per month, with areas like Louth (LN11), Market Rasen (LN8), and Spalding (PE11) offering affordable rental options. Rent prices have remained relatively stable over the past year, making it a good time for renters to secure a property at a reasonable cost. However, availability can vary depending on the area, so renters should be prepared to act quickly when a suitable property becomes available.
Investors
For investors looking to enter the property market in Lincolnshire, there are opportunities to capitalise on the region's popularity and growth. With average rental yields of around 5% in areas like Gainsborough (DN21), Sleaford (NG34), and Boston (PE21), investors can expect a healthy return on their investment. House prices in Lincolnshire have seen a steady increase over the past year, indicating a strong market for investors looking to buy and hold properties for long-term growth. However, it's important for investors to carefully research the market and choose properties in areas with high demand to maximise their return on investment.
Homebuyers
For homebuyers in Lincolnshire, the housing market currently offers a mix of affordability and variety. The average house price in Lincolnshire is around £210,000, with areas like Lincoln (LN1), Grantham (NG31), and Stamford (PE9) being popular choices due to their historical charm and good transport links. House prices in these areas have seen a steady increase of around 5% over the past year, making them attractive options for those looking to invest in a property. However, availability in these sought-after areas can be limited, so it's important for homebuyers to act quickly when a property of interest becomes available.
Renters
For renters in Lincolnshire, the rental market offers a range of options to suit different budgets and preferences. The average rent for a property in Lincolnshire is around £700 per month, with areas like Louth (LN11), Market Rasen (LN8), and Spalding (PE11) offering affordable rental options. Rent prices have remained relatively stable over the past year, making it a good time for renters to secure a property at a reasonable cost. However, availability can vary depending on the area, so renters should be prepared to act quickly when a suitable property becomes available.
Investors
For investors looking to enter the property market in Lincolnshire, there are opportunities to capitalise on the region's popularity and growth. With average rental yields of around 5% in areas like Gainsborough (DN21), Sleaford (NG34), and Boston (PE21), investors can expect a healthy return on their investment. House prices in Lincolnshire have seen a steady increase over the past year, indicating a strong market for investors looking to buy and hold properties for long-term growth. However, it's important for investors to carefully research the market and choose properties in areas with high demand to maximise their return on investment.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for PE22 9LJ
Estimated yield for property investors
3.86%
Yield
The estimated yield for the PE22 9LJ postcode area is 3.86%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in PE22 9LJ?
The recently sold properties table lists homes around PE22 9LJ that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 29 July 2016 | £188,000 | Tredona Main Road, Wrangle, Boston, PE22 9AJ | Detached | Freehold |
| 17 July 2023 | £332,000 | Pode Farm Pode Lane, Old Leake, Boston, PE22 9NB | Detached | Freehold |
| 23 February 2024 | £165,000 | 44 St Marys Way, Old Leake, Boston, PE22 9ND | Detached | Freehold |
| 26 April 2017 | £203,500 | 1 Woodland Close, Old Leake, Boston, PE22 9NQ | Detached | Freehold |
| 05 December 2008 | £174,950 | 1 Woodland Close, Old Leake, Boston, PE22 9NQ | Detached | Freehold |
Nearby sold properties | ||||
| 09 December 2022 | £349,950 | 2 Lulworth Gardens, Sibsey, Boston, PE22 0BQ | Detached | Freehold |
| 16 June 2023 | £336,000 | 1 Lulworth Gardens, Sibsey, Boston, PE22 0BQ | Detached | Freehold |
| 02 February 2024 | £143,000 | 2 Old Post Office Lane, Butterwick, Boston, PE22 0EU | Detached | Freehold |
| 27 February 2024 | £260,000 | 76 Brand End Road, Butterwick, Boston, PE22 0JD | Detached | Freehold |
| 23 February 2024 | £230,000 | 56 Tyler Crescent, Butterwick, Boston, PE22 0JT | Detached | Freehold |
| 30 September 2022 | £225,000 | J & J Fuels (boston) Bakers Lane, Freiston, Boston, PE22 0PH | Other | Freehold |
| 24 April 1996 | £29,000 | Church View 1 Main Road, Sibsey, Boston, PE22 0RY | Terraced | Freehold |
| 15 August 2023 | £680,000 | Lauren's Barn Hurn Road, Sibsey, Boston, PE22 0TF | Detached | Freehold |
| 23 May 2023 | £380,000 | Tenby Lodge Main Road, Sibsey, Boston, PE22 0TT | Detached | Freehold |
| 05 December 2023 | £410,000 | Southview Trader Bank, Sibsey, Boston, PE22 0UH | Detached | Freehold |
| 21 November 2022 | £125,000 | Station Cottages 7 Main Road, Langrick, Boston, PE22 7AH | Terraced | Freehold |
| 20 October 2023 | £359,000 | Hakerley Bridge Farm House Hakerley Bridge, Frithville, Boston, PE22 7EB | Detached | Freehold |
| 09 February 2024 | £160,000 | Bungalow 1 Staunt Road, Frithville, Boston, PE22 7ED | Semi-Detached | Freehold |
| 16 December 2022 | £390,000 | 7 Grandville Court, Frithville, Boston, PE22 7HH | Detached | Freehold |
| 24 November 2023 | £675,000 | Slate House Canister Lane, Frithville, Boston, PE22 7HQ | Other | Freehold |
| 05 May 2023 | £79,950 | 8 Station Row, New Bolingbroke, Boston, PE22 7LB | Terraced | Freehold |
| 23 November 2023 | £170,000 | 4 Shop Hill, Mareham Le Fen, Boston, PE22 7QP | Terraced | Freehold |
| 16 November 2023 | £395,000 | Owls Hoot Beggars Lane, Mareham Le Fen, Boston, PE22 7SF | Detached | Freehold |
| 21 July 2023 | £195,000 | Sans Souci Coningsby Moorside, Boston, PE22 7SS | Detached | Freehold |
| 17 October 2023 | £170,000 | 2 Field View, Tumby Woodside, Boston, PE22 7SW | Semi-Detached | Freehold |
| 26 November 2021 | £283,000 | 19 Stickney Meadows, Stickney, Boston, PE22 8AF | Detached | Freehold |
| 26 November 2021 | £283,000 | 19 Stickney Meadows, Stickney, Boston, PE22 8AF | Detached | Freehold |
| 23 February 2024 | £370,000 | The Bungalow Midville Road, Stickney, Boston, PE22 8DU | Detached | Freehold |
| 21 February 1997 | £28,000 | Bridge Cottage Fen Road, Stickford, Boston, PE22 8HD | Detached | Freehold |
| 27 September 2023 | £220,000 | Bridge Cottage Fen Road, Stickford, Boston, PE22 8HD | Detached | Freehold |
Please note that house prices for properties sold in and around PE22 9LJ during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
