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House Prices in PE10 House Prices in PE10 (Bourne)

The average house price in PE10 (Bourne) is £294,388 using HM Land Registry data.

The average property price increased by £60,404 (12.41%) over the last 5 years and increased by £12,103 (2.06%) over the last 12 months.

Over the last year, there were 265 residential property sales – a decrease of 235 transactions (-88.68%) relative to the previous year. The majority of house sales (67) were in the £160,000 - £216,000 range. Then came properties in the £216,000 - £272,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,887 (-1%).

In Oct 24, there were 107 new estate agency instructions, 44 agreed home sales and 54 property price reductions.

Nearby Postcodes: LE14, LE15, LN4, LN5, NG31, NG32, NG33, NG34, NN17, PE1, PE11, PE12, PE13, PE2, PE20, PE3, PE4, PE5, PE6, PE7, PE8, PE9

5-Year Average Property Prices in PE10 (Bourne)

12.41%

Property prices in Bourne increased by 12.41% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE10 (Bourne) Over the Last Year

2.06%

Property prices in Bourne increased by 2.06% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PE10 (Bourne) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE10 (Bourne)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE10 (Bourne)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE10 (Bourne)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE10 (Bourne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE10 postcode area since 1995.

Recent Sales in PE10 (Bourne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Waggoners Way, Morton, Bourne, Lincolnshire, PE10 0XR£250,000£250,000£0013 May 202422 Aug 2024101 Days
43 Southfields, Bourne, Lincolnshire, PE10 9TZ£190,000£190,000£0021 Feb 202415 Aug 2024176 Days
34 East Lane, Morton, Bourne, Lincolnshire, PE10 0NW£250,000£225,000-£25,00025 May 202409 Aug 202476 Days
21 Dorchester Avenue, Bourne, Lincolnshire, PE10 9HX£475,000£461,000-£14,00011 Sep 202309 Aug 2024333 Days
14 Stretham Way, Bourne, Lincolnshire, PE10 9DE£190,000£180,000-£10,00030 Apr 202401 Aug 202493 Days
17 Maple Gardens, Bourne, Lincolnshire, PE10 9DW£325,000£300,000-£25,00008 Jan 202431 Jul 2024205 Days
93 Northorpe, Thurlby, Bourne, Lincolnshire, PE10 0HZ£375,000£375,000£0013 Feb 202431 Jul 2024169 Days
9 Oak Crescent, Bourne, Lincolnshire, PE10 9SD£260,000£245,000-£15,00020 Mar 202430 Jul 2024132 Days
24 Churchill Avenue, Bourne, Lincolnshire, PE10 9QB£440,000£427,000-£13,00005 Sep 202318 Jul 2024317 Days
23 Buttercup Drive, Bourne, Lincolnshire, PE10 0PZ£390,000£390,000£0014 Aug 202317 Jul 2024338 Days
12 Aykroft, Bourne, Lincolnshire, PE10 0QX£475,000£450,000-£25,00026 Dec 202311 Jul 2024198 Days
83 The Pollards, Bourne, Lincolnshire, PE10 0FR£215,000£210,000-£5,00019 Mar 202405 Jul 2024108 Days
100 Station Street, Rippingale, Bourne, Lincolnshire, PE10 0TA£475,000£465,000-£10,00004 Apr 202404 Jul 202491 Days
63 Saxon Way, Bourne, Lincolnshire, PE10 9QY£440,000£435,000-£5,00020 Nov 202304 Jul 2024227 Days
1 Northorpe Lane, Thurlby, Bourne, Lincolnshire, PE10 0HE£350,000£350,000£0001 Feb 202424 Jun 2024144 Days
61 Beech Avenue, Bourne, Lincolnshire, PE10 9RZ£300,000£300,000£0026 Jan 202421 Jun 2024147 Days
49 Beaufort Drive, Bourne, Lincolnshire, PE10 9PN£225,000£225,000£0031 Jan 202417 Jun 2024138 Days
4 Leofric Avenue, Bourne, Lincolnshire, PE10 9QT£260,000£252,500-£7,50017 Oct 202307 Jun 2024234 Days
6 Abbots Close, Bourne, Lincolnshire, PE10 9JS£215,000£205,000-£10,00028 Nov 202321 May 2024175 Days
23 Essex Way, Bourne, Lincolnshire, PE10 9NH£215,000£215,000£0029 Jan 202408 May 2024100 Days

Most Expensive Streets in PE10 (Bourne)

PostcodeStreetAreaAverageNo. of Sales
PE10 0EDHigh Street, ThurlbyBourne£693,1254
PE10 0JDSwallow Hill, ThurlbyBourne£627,4005
PE10 9BUNorth RoadBourne£620,0004
PE10 0SXStation Street, RippingaleBourne£608,7504
PE10 0JHWitham On The HillBourne£584,5004
PE10 0AUSpalding RoadBourne£576,6663
PE10 0JEManthorpeBourne£570,6506
PE10 0RBEdenham Road, HanthorpeBourne£537,5004
PE10 0ESObthorpe Lane, ThurlbyBourne£531,6663
PE10 0JBSwallow Hill, ThurlbyBourne£526,6663

Least Expensive Streets in PE10 (Bourne)

PostcodeStreetAreaAverageNo. of Sales
PE10 9UQChurch View, Church WalkBourne£66,3505
PE10 0TZHill View Gardens, MortonBourne£113,6005
PE10 9EXHereward StreetBourne£134,8329
PE10 0XZMarket Rasen DriveBourne£135,8336
PE10 9LTSouth StreetBourne£138,5003
PE10 9WJBurghley StreetBourne£138,75010
PE10 9LWWendover MewsBourne£142,0006
PE10 9LYSouth StreetBourne£145,0003
PE10 0PGPrimrose Close, MortonBourne£145,0003
PE10 9WHWherrys LaneBourne£145,70010

Explore PE10 (Bourne) using map

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