Bellwater Bank - PE22 8LB
Key Postcode Insights
PE22 8LB is a residential postcode situated on Bellwater Bank, New Leake, Boston, PE22 with 1 addresses.
It ranks as the 63rd largest and 777th most expensive of the 1,063 postcodes in the PE22 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £326,568
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 41.1%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
PE22 8LB is a residential postcode situated on Bellwater Bank, New Leake, Boston, PE22 with 1 addresses.
It ranks as the 63rd largest and 777th most expensive of the 1,063 postcodes in the PE22 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £326,568
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 41.1%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Sales Market Trends
The last sale in PE22 8LB sold for £240,000 on 14th August 2015. Since then prices are up an average of 36.9%.
The current average value in the postcode is £326,568.
The PE22 8LB Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £326,568 |
| June 2025 | -0.9% | £340,712 |
| June 2024 | -3.5% | £343,778 |
| June 2023 | 1.4% | £356,271 |
| June 2022 | 14.2% | £351,503 |
| June 2021 | 8.2% | £307,845 |
| June 2020 | 1.1% | £284,466 |
| June 2019 | 2.4% | £281,353 |
| June 2018 | 4.2% | £274,875 |
| June 2017 | 6.7% | £263,824 |
| June 2016 | 5% | £247,293 |
| June 2015 | 3.7% | £235,411 |
| June 2014 | 4.3% | £227,081 |
| June 2013 | 1.6% | £217,665 |
| June 2012 | -0.3% | £214,264 |
| June 2011 | -0.4% | £214,954 |
| June 2010 | 5% | £215,897 |
| June 2009 | -10.6% | £205,702 |
| June 2008 | -1.2% | £230,006 |
| June 2007 | 0% | £232,717 |
Rental Market Trends
The current average rental value in the postcode is £1,577.
The PE22 8LB Rental Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,577pcm |
| June 2025 | 4.8% | £1,538pcm |
| June 2024 | 3.7% | £1,467pcm |
| June 2023 | 6.1% | £1,415pcm |
| June 2022 | 8.3% | £1,334pcm |
| June 2021 | 5% | £1,231pcm |
| June 2020 | 0.9% | £1,172pcm |
| June 2019 | -0.1% | £1,162pcm |
| June 2018 | 1.4% | £1,163pcm |
| June 2017 | 2.6% | £1,147pcm |
| June 2016 | 3.1% | £1,118pcm |
| June 2015 | 3.5% | £1,084pcm |
| June 2014 | 1.4% | £1,048pcm |
| June 2013 | 1.6% | £1,033pcm |
| June 2012 | 0.3% | £1,017pcm |
| June 2011 | 2.2% | £1,014pcm |
| June 2010 | 8.8% | £992pcm |
| June 2009 | -5.1% | £912pcm |
| June 2008 | 2.2% | £961pcm |
| June 2007 | 0% | £940pcm |
Sales History
The last sale was on 14th August 2015 for £240,000 and since then the market in the area has increased by 36.9%. The postcode has had a total of 3 sales since 1995.
PE22 8LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2015£240,000 | 4 Bed HouseBellwater Cottage, Bellwater Bank, Boston, PE22 8LBBellwater Cottage, Bellwater Bank, Boston, PE22 8LB
- Sold Nov 2001£110,000 | 4 Bed HouseBellwater Cottage, Bellwater Bank, Boston, PE22 8LBBellwater Cottage, Bellwater Bank, Boston, PE22 8LB
- Sold Oct 1996£33,500 | 4 Bed HouseBellwater Cottage, Bellwater Bank, Boston, PE22 8LBBellwater Cottage, Bellwater Bank, Boston, PE22 8LB
Nearby Postcodes
PE22 8LB is the 63rd largest and the 777th most expensive postcode out of the 1,063 postcodes in the PE22 area.
- PE22 8LA, Bellwater Bank, New Leake, Boston, PE22PE22 8LA6 Addresses|430 m away
- PE22 8LD, Spilsby Road, Eastville, Boston, PE22PE22 8LD8 Addresses|692 m away
- PE22 8JZ, Spilsby Road, New Leake, Boston, PE22PE22 8JZ13 Addresses|833 m away
- PE22 8JR, Spilsby Road, Eastville, Boston, PE22PE22 8JR22 Addresses|1.2 km away
- PE22 8JT, Spilsby Road, New Leake, Boston, PE22PE22 8JT30 Addresses|1.2 km away
Property Types
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2025£245,250 | 3 Bed HouseWoldene, Bellwater Bank, Boston, PE22 8LAWoldene, Bellwater Bank, Boston, PE22 8LA
- Sold Aug 2015£240,000 | 4 Bed HouseBellwater Cottage, Bellwater Bank, Boston, PE22 8LBBellwater Cottage, Bellwater Bank, Boston, PE22 8LB
- Sold Jul 2016£180,000 | 4 Bed HouseThe Shrubbery, Bellwater Bank, Boston, PE22 8LAThe Shrubbery, Bellwater Bank, Boston, PE22 8LA
Schools Nearby
- The New Leake Primary School1.9 km away
- Toynton All Saints Primary School5.0 km away
- Stickney Church of England Primary School6.1 km away
- William Lovell Church of England Academy6.2 km away
- King Edward VI Academy7.8 km away
- The Giles Academy8.5 km away
More reading links
Public Transport Nearby
The closest station to PE22 8LB is Thorpe Culvert station, which is 7.4 kilometres away.
- Thorpe Culvert|7.4 km away
- Wainfleet|9.5 km away
- Havenhouse|12.1 km away
- Boston|16.5 km away