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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE22 8LEHouse Prices / East Midlands, East Lindsey, Spilsby Road
Last updated May 2026
Key Postcode Insights
PE22 8LE is a residential postcode situated on Spilsby Road, New Leake, Boston, PE22 with 14 addresses.
It ranks as the 520th largest and 395th most expensive of the 757 postcodes in the PE22 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 14 properties: 9 houses, 2 flats and 3 other properties.
14
Properties
- Houses
- Flats
- Other (unknown)
Key Postcode Insights
PE22 8LE is a residential postcode situated on Spilsby Road, New Leake, Boston, PE22 with 14 addresses.
It ranks as the 520th largest and 395th most expensive of the 757 postcodes in the PE22 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 14 properties: 9 houses, 2 flats and 3 other properties.
14
Properties
- Houses
- Flats
- Other (unknown)
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House Pricesin PE22 8LE
Sale prices range from £96,616 for 3 bedroom Leasehold flats with a garden (979 ft2) to £468,337 for 5 bedroom freehold houses with a garden (3,326 ft2) .
Monthly rental prices range from £594 pcm for 3 bed flats to £1,971 pcm for 5 bed houses.
The gross rental yield is between 4.9% and 7.4%.
The average value per square foot is £216.
Average Sale Value
£260,504
Average Rental Value
£1,113 pcm
Average Rental Yield
5.1% /year
Average Value Per Sqft
£216 /ft2
Sales Market Trendsin PE22 8LE
The last sale in PE22 8LE sold for £255,000 on 28th March 2025. Since then prices are down an average of 5.4%.
The current average value in the postcode is £260,504.
The PE22 8LE Sales Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.9% | £260,504 |
| April 2025 | -1.3% | £276,721 |
| April 2024 | -2.7% | £280,374 |
| April 2023 | 2.6% | £288,160 |
| April 2022 | 14.7% | £280,923 |
| April 2021 | 8.4% | £245,024 |
| April 2020 | -0.1% | £226,139 |
| April 2019 | 6.3% | £226,340 |
| April 2018 | 1.9% | £212,891 |
| April 2017 | 10.6% | £208,997 |
| April 2016 | 1.8% | £188,943 |
| April 2015 | 2.1% | £185,555 |
| April 2014 | 7.2% | £181,665 |
| April 2013 | 1.6% | £169,412 |
| April 2012 | -1.2% | £166,749 |
| April 2011 | -3.5% | £168,768 |
| April 2010 | 3.9% | £174,898 |
| April 2009 | -10.5% | £168,286 |
| April 2008 | 1.9% | £187,998 |
| April 2007 | 0% | £184,546 |
Rental Market Trendsin PE22 8LE
The current average rental value in the postcode is £1,113.
The PE22 8LE Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,113pcm |
| April 2025 | 5% | £1,096pcm |
| April 2024 | 3.9% | £1,044pcm |
| April 2023 | 7.1% | £1,005pcm |
| April 2022 | 8.5% | £938pcm |
| April 2021 | 3.9% | £864pcm |
| April 2020 | 0.6% | £832pcm |
| April 2019 | 0.5% | £827pcm |
| April 2018 | 0.8% | £823pcm |
| April 2017 | 3.3% | £816pcm |
| April 2016 | 3.5% | £790pcm |
| April 2015 | 3.3% | £764pcm |
| April 2014 | 2.4% | £739pcm |
| April 2013 | 3.7% | £722pcm |
| April 2012 | 0.6% | £696pcm |
| April 2011 | 2.8% | £692pcm |
| April 2010 | 7.5% | £673pcm |
| April 2009 | -5.4% | £626pcm |
| April 2008 | 7.5% | £662pcm |
| April 2007 | 0% | £616pcm |
Properties and Buildingsin PE22 8LE, Spilsby Road, New Leake, Boston, PE22
- Ivy Cottage, Spilsby Road, Boston, PE22 8LE3 bed early-century house
- Ivy Farmhouse, Spilsby Road, Boston, PE22 8LE4 bed house
- Old School, Spilsby Road, New Leake, Boston, PE22 Early-century building2 units
- School House, Spilsby Road, Boston, PE22 8LE
- Sycamore House, Spilsby Road, Boston, PE22 8LE
- The Old Vicarage, Spilsby Road, Boston, PE22 8LE
- 1, Spilsby Road, New Leake, Boston, PE22 Early-century building2 units
- 2A, Spilsby Road, Boston, PE22 8LE3 bed mid-century house
- 3, Spilsby Road, New Leake, Boston, PE22 Early-century building2 units
- 4, Spilsby Road, New Leake, Boston, PE22 Mid-century building2 units
Sales Historyin PE22 8LE
The last sale was on 28th March 2025 for £255,000 and since then the market in the area has decreased by 5.4%. The postcode has had a total of 8 sales since 1995.
PE22 8LE has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2025£255,000 | 3 Bed HouseSpilsby RoadIvy Cottage, Spilsby Road, Boston, PE22 8LE
Sold Jul 2022£245,000 | 3 Bed HouseSpilsby RoadIvy Cottage, Spilsby Road, Boston, PE22 8LE
Sold Dec 2012£185,000 | 4 Bed HouseSpilsby RoadIvy Farmhouse, Spilsby Road, Boston, PE22 8LE
Sold Jul 2007£150,000 | 4 Bed HouseSpilsby Road1A, Spilsby Road, Boston, PE22 8LE
Sold Oct 2002£90,000 | 4 Bed HouseSpilsby Road1A, Spilsby Road, Boston, PE22 8LE
Sold Nov 2001£46,000 | 3 Bed HouseSpilsby RoadIvy Cottage, Spilsby Road, Boston, PE22 8LE
Sold Nov 1998£45,000 | 4 Bed HouseSpilsby Road1A, Spilsby Road, Boston, PE22 8LE
Sold Oct 1997£60,000 | 5 Bed HouseSpilsby RoadThe Old Vicarage, Spilsby Road, Boston, PE22 8LE
Nearby Postcodesto PE22 8LE
PE22 8LE is the 520th largest and the 395th most expensive postcode out of the 757 postcodes in the PE22 area.
- 366 mPE22 8LD, Spilsby Road, Eastville, Boston, PE22PE22 8LD8 Addresses
- 846 mPE22 8LF, Thorpe Bank, New Leake, Boston, PE22PE22 8LF4 Addresses
- 965 mPE22 8LB, Bellwater Bank, New Leake, Boston, PE22PE22 8LB1 Addresses
- 1.2 kmPE22 8LG, Danger Bridge, New Leake, Boston, PE22PE22 8LG2 Addresses
- 1.3 kmPE22 8LQ, Eastville, Boston, PE22PE22 8LQ1 Addresses
- 1.3 kmPE22 8LA, Bellwater Bank, New Leake, Boston, PE22PE22 8LA6 Addresses
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Property Typesin PE22 8LE
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 6 early-century flats built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (3)
- house (1)
- early-century house (1)
- early-century flat (6)
- Unknown (3)
Energy Efficiencyof properties in PE22 8LE
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Saleson Spilsby Road
Schools Nearbyto PE22 8LE
The nearest primary school to PE22 8LE is The New Leake Primary School which is 3.2 kilometres away.
- 3.2kmThe New Leake Primary School
- 3.9kmToynton All Saints Primary School
- 5.1kmHalton Holegate CofE Primary School
The nearest secondary school is King Edward VI Academy which is 6.7 kilometres away.
- 6.7kmKing Edward VI Academy
- 7.2kmWilliam Lovell Church of England Academy
- 9.7kmThe Giles Academy
More reading links
Public Transport Nearbyto PE22 8LE
The closest station to PE22 8LE is Thorpe Culvert station which is 6.6 kilometres away.
- 6.6kmThorpe Culvert
- 9.0kmWainfleet
- 11.5kmHavenhouse
- 15.8kmSkegness
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