Boston House Prices Boston House Prices

The average house price in Boston is £199,000 using HM Land Registry data.

The average property price increased by £41,371 (25.27%) over the last 5 years and increased by £8,269 (4.2%) over the last 12 months.

Over the last year, there were 406 residential property sales – a decrease of 236 transactions (-58.13%) relative to the previous year. The majority of house sales (102) were in the £146,000 - £192,000 range. Then came properties in the £100,000 - £146,000 range, where 74 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 £-6,271 (-2%).

In April 2024, there were 85 new estate agency instructions, 81 agreed home sales and 42 property price reductions.

5-Year Average Property Prices in Boston

25.27%

Property prices in Boston increased by 25.27% 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 Boston Over the Last Year

4.2%

Property prices in Boston increased by 4.2% 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 Boston - April 2024

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 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 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 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 Boston since 1995

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

Recent Property Sales in Boston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Kenleigh Drive, Boston, Lincolnshire, PE21 0NQ£239,950£234,000-£5,95007 Dec 202311 Mar 202495 Days
12 Eastwood Drive, Boston, Lincolnshire, PE21 0NG£199,995£196,000-£3,99513 Nov 202301 Mar 2024109 Days
153 Tattershall Road, Boston, Lincolnshire, PE21 9LR£159,950£155,000-£4,95020 Nov 202301 Mar 2024102 Days
22 Horncastle Road, Boston, Lincolnshire, PE21 9BU£99,000£93,000-£6,00001 Nov 202327 Feb 2024118 Days
51 Hartley Street, Boston, Lincolnshire, PE21 9BS£85,000£80,000-£5,00001 Nov 202326 Feb 2024117 Days
1 Sutton Terrace, Boston, Lincolnshire, PE21 8GE£83,950£75,000-£8,95021 Oct 201516 Feb 20243040 Days
1 Orchard Grove, Boston, Lincolnshire, PE21 9DU£250,000£240,000-£10,00007 Nov 202315 Feb 2024100 Days
112 Tattershall Road, Boston, Lincolnshire, PE21 9LP£220,000£220,000£0002 Oct 202314 Feb 2024135 Days
38 Deldale Road, Wyberton, Boston, Lincolnshire, PE21 7BG£250,000£247,000-£3,00013 Sep 202305 Feb 2024145 Days
21 Ashlawn Drive, Boston, Lincolnshire, PE21 9PU£215,000£205,000-£10,00023 Sep 202302 Feb 2024132 Days
17 Almond Walk, Boston, Lincolnshire, PE21 8HJ£179,950£176,000-£3,95011 Aug 202312 Jan 2024154 Days
4 Bluebell Walk, Boston, Lincolnshire, PE21 7TL£195,000£192,000-£3,00003 May 202309 Jan 2024251 Days
24 Kings Crescent, Boston, Lincolnshire, PE21 0AP£250,000£250,000£0025 May 202308 Jan 2024228 Days
14 Lambs Row, Boston, Lincolnshire, PE21 9JX£79,950£72,500-£7,45001 Jun 202305 Jan 2024218 Days
119 Sleaford Road, Boston, Lincolnshire, PE21 8EY£315,000£276,500-£38,50011 Sep 202302 Jan 2024113 Days
5 Rothschild Close, Boston, Lincolnshire, PE21 7TA£239,950£235,000-£4,95002 Oct 202315 Dec 202374 Days
77 West End Road, Wyberton, Boston, Lincolnshire, PE21 7LP£240,000£238,000-£2,00011 Oct 202315 Dec 202365 Days
63 Horncastle Road, Boston, Lincolnshire, PE21 9HY£169,950£167,000-£2,95018 Sep 202314 Dec 202387 Days
73 Hessle Drive, Boston, Lincolnshire, PE21 8BZ£199,950£175,000-£24,95020 Jun 202312 Dec 2023175 Days
9 Tudor Drive, Boston, Lincolnshire, PE21 9PB£239,950£232,000-£7,95013 Sep 202308 Dec 202386 Days

Most Expensive Streets in Boston

PostcodeStreetAreaAverageNo. of Sales
PE21 9QESeedlands CloseBoston£478,3333
PE21 9RWWainfleet RoadBoston£440,0003
PE21 9QYSibsey RoadBoston£430,0006
PE21 9QNSpilsby RoadBoston£423,3333
PE21 0RTPriory CourtFishtoft£390,6124
PE21 7EZLondon RoadBoston£365,6005
PE21 9PHSomersby GreenBoston£365,3333
PE21 9RAPilleys LaneBoston£344,2077
PE20 1SRClaymond CourtFrampton£343,1009
PE20 1QURalphs LaneFrampton West£341,6503

Least Expensive Streets in Boston

PostcodeStreetAreaAverageNo. of Sales
PE21 6HYPilgrim MansionsSpain Lane£65,8333
PE21 6HXHaven HallSouth Square£68,7735
PE21 8PWBowman CloseBoston£73,1663
PE21 9EGWilloughby RoadBoston£74,6669
PE21 6SPThreadneedle StreetBoston£76,6663
PE21 6HESouth StreetBoston£78,8163
PE21 0JBVauxhall RoadBoston£80,3336
PE21 8RDJames StreetBoston£80,3758
PE21 8PHArgyle StreetBoston£80,5905
PE21 8XQGeorge StreetBoston£81,5003

Explore Boston and Neighbouring Area House Prices