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House Prices in PE10 House Prices in PE10 (Bourne)

The average house price in PE10 (Bourne) is £294,999 using HM Land Registry data.

The average property price increased by £50,254 (12.41%) over the last 5 years and increased by £10,067 (2.06%) over the last 12 months.

Over the last year, there were 335 residential property sales – a decrease of 155 transactions (-46.27%) relative to the previous year. The majority of house sales (86) were in the £220,000 - £270,000 range. Then came properties in the £170,000 - £220,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 185 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,052 (-2%).

In January 2025, there were 88 new estate agency instructions, 71 agreed home sales and 45 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 PE10 (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 PE10 (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) - January 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
4 Thurstan Close, Bourne, Lincolnshire, PE10 9QQ£215,000£210,000-£5,00015 Nov 202409 Dec 202424 Days
25 Austerby, Bourne, Lincolnshire, PE10 9JJ£225,000£220,000-£5,00019 Jun 202409 Dec 2024173 Days
21 East Street, Rippingale, Bourne, Lincolnshire, PE10 0SS£265,000£265,000£025 Jul 202406 Dec 2024134 Days
92 Stephenson Way, Bourne, Lincolnshire, PE10 9DD£315,000£315,000£024 Jun 202406 Dec 2024165 Days
16 Kingsway, Bourne, Lincolnshire, PE10 9DP£250,000£250,000£008 Jul 202406 Dec 2024151 Days
9 Princes Court, Bourne, Lincolnshire, PE10 9BQ£73,750£69,500-£4,25024 May 202404 Dec 2024194 Days
12 High Street, Thurlby, Bourne, Lincolnshire, PE10 0EE£650,000£615,000-£35,00028 May 202404 Dec 2024190 Days
24 The Crescent, Morton, Bourne, Lincolnshire, PE10 0NX£235,000£227,500-£7,50005 Jul 202429 Nov 2024147 Days
2 Arnhem Way, Bourne, Lincolnshire, PE10 9UD£385,000£380,000-£5,00010 Aug 202427 Nov 2024109 Days
27 Grosvenor Avenue, Bourne, Lincolnshire, PE10 9HU£325,000£325,000£007 Aug 202427 Nov 2024112 Days
4 Lilac Close, Bourne, Lincolnshire, PE10 9TS£300,000£285,000-£15,00017 Sep 202422 Nov 202466 Days
1 Broadlands Avenue, Bourne, Lincolnshire, PE10 9BG£325,000£320,000-£5,00030 Aug 202419 Nov 202481 Days
91 Station Street, Rippingale, Bourne, Lincolnshire, PE10 0SX£649,950£645,000-£4,95011 Jul 202412 Nov 2024124 Days
2 Violet Close, Morton, Bourne, Lincolnshire, PE10 0PQ£325,000£312,500-£12,50006 Aug 202408 Nov 202494 Days
5 The Kippings, Thurlby, Bourne, Lincolnshire, PE10 0HY£300,000£280,000-£20,00019 Jun 202408 Nov 2024142 Days
37 Kingsway, Bourne, Lincolnshire, PE10 9DP£279,950£272,000-£7,95017 May 202408 Nov 2024175 Days
1 Abbots Close, Bourne, Lincolnshire, PE10 9JS£260,000£250,000-£10,00006 Jun 202430 Oct 2024146 Days
18 Waterloo Drive, Morton, Bourne, Lincolnshire, PE10 0PJ£215,000£205,000-£10,00023 Apr 202430 Oct 2024190 Days
37 Meadowgate, Bourne, Lincolnshire, PE10 9EY£230,000£212,000-£18,00018 Apr 202429 Oct 2024194 Days
60 Spalding Road, Bourne, Lincolnshire, PE10 0BA£450,000£425,000-£25,00009 Apr 202428 Oct 2024202 Days

Most Expensive Streets in PE10 (Bourne)

PostcodeStreetAreaAverageNo. of Sales
PE10 0EDHigh Street, ThurlbyBourne£693,1254
PE10 0JHWitham On The HillBourne£643,3333
PE10 0JDSwallow Hill, ThurlbyBourne£627,4005
PE10 0RYHawthorpeBourne£623,3333
PE10 9BUNorth RoadBourne£620,0004
PE10 0SXStation Street, RippingaleBourne£616,0005
PE10 0AUSpalding RoadBourne£576,2504
PE10 0JEManthorpeBourne£570,6506
PE10 0ESObthorpe Lane, ThurlbyBourne£531,6663
PE10 9PUWest RoadBourne£518,5005

Least Expensive Streets in PE10 (Bourne)

PostcodeStreetAreaAverageNo. of Sales
PE10 9UQChurch View, Church WalkBourne£66,3505
PE10 0TZHill View Gardens, MortonBourne£113,6005
PE10 0XZMarket Rasen DriveBourne£133,1666
PE10 9LTSouth StreetBourne£138,5003
PE10 9WJBurghley StreetBourne£138,75010
PE10 9EXHereward StreetBourne£140,8889
PE10 9LWWendover MewsBourne£142,0006
PE10 9WHWherrys LaneBourne£145,70010
PE10 0WPSandown DriveBourne£146,04510
PE10 9HAHarrington StreetBourne£148,1666

Explore PE10 (Bourne) using map

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