House Prices in PE22 House Prices in PE22 (Boston)

The average house price in PE22 (Boston) is £252,395 using HM Land Registry data.

The average property price increased by £69,028 (23.47%) over the last 5 years and increased by £13,831 (3.6%) over the last 12 months.

Over the last year, there were 158 residential property sales – a decrease of 58 transactions (-36.71%) relative to the previous year. The majority of house sales (37) were in the £150,000 - £194,000 range. Then came properties in the £238,000 - £282,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,230 (-2%).

In Oct 24, there were 54 new estate agency instructions, 38 agreed home sales and 56 property price reductions.

5-Year Average Property Prices in PE22 (Boston)

23.47%

Property prices in Boston increased by 23.47% 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 PE22 (Boston) Over the Last Year

3.6%

Property prices in Boston increased by 3.6% 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 PE22 (Boston) - 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 PE22 (Boston)

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 PE22 (Boston)

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 PE22 (Boston)

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 PE22 (Boston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE22 postcode area since 1995.

Recent Sales in PE22 (Boston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Lavender Cottage, Main Road, New Bolingbroke, Boston, Lincolnshire, PE22 7JU£185,000£173,000-£12,00005 Mar 202412 Aug 2024160 Days
The Chestnuts, Old Main Road, Old Leake, Boston, Lincolnshire, PE22 9HR£425,000£415,000-£10,00009 Jan 202409 Aug 2024213 Days
Treetops, Main Road, Frithville, Boston, Lincolnshire, PE22 7DT£325,000£320,000-£5,00013 May 202405 Aug 202484 Days
15 Station Road, Tumby Woodside, Boston, Lincolnshire, PE22 7SL£135,000£135,000£0008 Feb 202430 Jul 2024173 Days
The Sheiling, Wrangle Bank, Wrangle, Boston, Lincolnshire, PE22 9DL£277,500£260,000-£17,50012 Jun 202429 Jul 202447 Days
Xanadu, Wrights Lane, Friskney, Boston, Lincolnshire, PE22 8RW£200,000£200,000£0009 Mar 202425 Jul 2024138 Days
5 Hazelnut Close, Mareham Le Fen, Boston, Lincolnshire, PE22 7QX£280,000£280,000£0001 May 202417 Jul 202477 Days
Nushwana, Main Road, Stickney, Boston, Lincolnshire, PE22 8AA£245,000£245,000£0013 May 202417 Jul 202465 Days
Oakleigh, Main Road, Wrangle, Boston, Lincolnshire, PE22 9AJ£325,000£315,000-£10,00018 Mar 202408 Jul 2024112 Days
Jubilee House, Main Road, Butterwick, Boston, Lincolnshire, PE22 0JL£299,950£286,000-£13,95025 Mar 202405 Jul 2024102 Days
The Bungalow, Church Road, Old Leake, Boston, Lincolnshire, PE22 9PB£185,000£182,000-£3,00027 Mar 202428 Jun 202493 Days
15 Church Rise, Mareham Le Fen, Boston, Lincolnshire, PE22 7RR£254,800£249,950-£4,85012 Jan 202414 Jun 2024154 Days
11 Church Rise, Mareham Le Fen, Boston, Lincolnshire, PE22 7RR£299,950£280,000-£19,95013 Oct 202312 Jun 2024243 Days
Jasmine, Northlands Lane, Sibsey, Boston, Lincolnshire, PE22 0UD£285,000£264,000-£21,00015 Sep 202331 May 2024259 Days
27 Horbling Lane, Stickney, Boston, Lincolnshire, PE22 8DG£185,000£185,000£0019 Jan 202423 May 2024125 Days
Warren Cottage, Hagnaby Road, Stickford, Boston, Lincolnshire, PE22 8ET£235,000£232,500-£2,50016 Oct 202316 May 2024213 Days
Primrose Cottage, Sea Lane, Old Leake, Boston, Lincolnshire, PE22 9JG£180,000£175,000-£5,00007 Nov 202314 May 2024189 Days
8 Station Row, New Bolingbroke, Boston, Lincolnshire, PE22 7LB£150,000£145,000-£5,00026 Nov 202310 May 2024166 Days
Beacon Lodge, Church Road, Friskney, Boston, Lincolnshire, PE22 8RD£260,000£250,000-£10,00013 Mar 202408 May 202456 Days
Bradgate House, Main Road, Sibsey, Boston, Lincolnshire, PE22 0TN£249,950£240,000-£9,95008 Feb 202407 May 202489 Days

Most Expensive Streets in PE22 (Boston)

PostcodeStreetAreaAverageNo. of Sales
PE22 0UJTrader Bank, SibseyBoston£585,6663
PE22 0AAOutgate, LevertonBoston£483,7005
PE22 8EWBack Lane, StickfordBoston£471,7504
PE22 9HROld Main Road, Old LeakeBoston£394,9983
PE22 8RGFold Hill, FriskneyBoston£357,0005
PE22 9ASMain Road, WrangleBoston£356,2374
PE22 7DBGipsey Drove, Gipsey BridgeBoston£353,2504
PE22 9EWChurch End, WrangleBoston£350,8256
PE22 7QJMain Street, Mareham Le FenBoston£345,8333
PE22 0TWMain Road, SibseyBoston£343,3333

Least Expensive Streets in PE22 (Boston)

PostcodeStreetAreaAverageNo. of Sales
PE22 7LBStation Row, New BolingbrokeBoston£129,0756
PE22 9PLLychgate View, Old LeakeBoston£129,3818
PE22 8AYMain Road, StickneyBoston£130,0003
PE22 9ELChurch Close, WrangleBoston£144,6663
PE22 9BPElizabeth Avenue, WrangleBoston£144,7374
PE22 8AZHolmes Road, StickneyBoston£145,85616
PE22 9GBLime Walk, Old LeakeBoston£149,2729
PE22 9ADMain Road, WrangleBoston£154,3333
PE22 7EXWest Fen Drainside, FrithvilleBoston£154,5003
PE22 0HXPinchbeck Road, ButterwickBoston£156,0004

Explore PE22 (Boston) using map