PE22 8LA is a residential postcode situated on Bellwater Bank, New Leake, Boston, PE22 with 6 addresses.
It ranks as the 365th largest and 308th most expensive of the 757 postcodes in the PE22 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
PE22 8LA is a residential postcode situated on Bellwater Bank, New Leake, Boston, PE22 with 6 addresses.
It ranks as the 365th largest and 308th most expensive of the 757 postcodes in the PE22 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £183,191 for 3 bedroom freehold houses with a garden (871 ft2) to £272,248 for 4 bedroom freehold houses with a garden (1,819 ft2) .
Monthly rental prices range from £907 pcm for 3 bed houses to £1,303 pcm for 4 bed houses.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £179.
The last sale in PE22 8LA sold for £15,000 on 2nd December 2025. Since then prices are up an average of 34.1%.
The current average value in the postcode is £221,032.
The PE22 8LA Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.4% | £221,032 |
| April 2025 | -1.2% | £233,600 |
| April 2024 | -2.8% | £236,480 |
| April 2023 | 2.5% | £243,351 |
| April 2022 | 14.7% | £237,441 |
| April 2021 | 8.2% | £207,023 |
| April 2020 | -0.1% | £191,316 |
| April 2019 | 6.1% | £191,447 |
| April 2018 | 1.8% | £180,456 |
| April 2017 | 10.5% | £177,197 |
| April 2016 | 1.7% | £160,377 |
| April 2015 | 2% | £157,718 |
| April 2014 | 7.1% | £154,625 |
| April 2013 | 1.5% | £144,378 |
| April 2012 | -1.3% | £142,198 |
| April 2011 | -3.5% | £144,095 |
| April 2010 | 3.7% | £149,356 |
| April 2009 | -10.9% | £143,998 |
| April 2008 | 1.9% | £161,632 |
| April 2007 | 0% | £158,562 |
The current average rental value in the postcode is £1,064.
The PE22 8LA Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,064pcm |
| April 2025 | 5.1% | £1,042pcm |
| April 2024 | 3.7% | £991pcm |
| April 2023 | 7.1% | £956pcm |
| April 2022 | 8.5% | £893pcm |
| April 2021 | 3.7% | £822pcm |
| April 2020 | 0.6% | £793pcm |
| April 2019 | 0.3% | £788pcm |
| April 2018 | 0.8% | £786pcm |
| April 2017 | 3.2% | £780pcm |
| April 2016 | 3.3% | £756pcm |
| April 2015 | 3.2% | £732pcm |
| April 2014 | 2.3% | £709pcm |
| April 2013 | 3.6% | £693pcm |
| April 2012 | 0.5% | £669pcm |
| April 2011 | 2.8% | £666pcm |
| April 2010 | 7.3% | £647pcm |
| April 2009 | -5.9% | £604pcm |
| April 2008 | 7.5% | £641pcm |
| April 2007 | 0% | £596pcm |
The last sale was on 2nd December 2025 for £15,000 and since then the market in the area has increased by 34.1%. The postcode has had a total of 3 sales since 1995.
PE22 8LA has seen 2 sales in the last three years and 2 sales in the last twelve months.
PE22 8LA is the 365th largest and the 308th most expensive postcode out of the 757 postcodes in the PE22 area.
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The closest station to PE22 8LA is Thorpe Culvert station which is 7.7 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PE22 8LA, 43.5% of property is privately owned outright and 24.6% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE22 8LA, 15.1% of residents are recorded as possessing school level qualifications and 14.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE22 8LA, the average age was 48.6 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE22 8LA, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE22 8LA, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.