PE9 2LW is a residential postcode situated on Welland Mews, Stamford, PE9 with 60 addresses.
It ranks as the 950th largest and 93rd most expensive of the 967 postcodes in the PE9 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 60 properties: 7 houses and 53 flats.
PE9 2LW is a residential postcode situated on Welland Mews, Stamford, PE9 with 60 addresses.
It ranks as the 950th largest and 93rd most expensive of the 967 postcodes in the PE9 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 60 properties: 7 houses and 53 flats.
Sale prices range from £169,891 for 2 bedroom leasehold flats (505 ft2) to £484,792 for 4 bedroom freehold houses with a garden (1,912 ft2) .
Monthly rental prices range from £889 pcm for 2 bed flats to £1,804 pcm for 4 bed houses.
The gross rental yield is between 4.5% and 6.3%.
The average value per square foot is £300.
The last sale in PE9 2LW sold for £205,000 on 8th December 2025. Since then prices are up an average of 0.3%.
The current average value in the postcode is £201,845.
The PE9 2LW Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.7% | £201,845 |
| April 2025 | -1.9% | £211,886 |
| April 2024 | -2.1% | £215,902 |
| April 2023 | 5.2% | £220,622 |
| April 2022 | 10.4% | £209,626 |
| April 2021 | 4% | £189,843 |
| April 2020 | 2.5% | £182,593 |
| April 2019 | 1.7% | £178,203 |
| April 2018 | 6.5% | £175,158 |
| April 2017 | 6.8% | £164,459 |
| April 2016 | 3.8% | £153,955 |
| April 2015 | 9% | £148,295 |
| April 2014 | 8.3% | £136,017 |
| April 2013 | 1.4% | £125,596 |
| April 2012 | -1.5% | £123,856 |
| April 2011 | 0.8% | £125,774 |
| April 2010 | 5.2% | £124,726 |
| April 2009 | -16.9% | £118,514 |
| April 2008 | 4.1% | £142,624 |
| April 2007 | 0% | £137,070 |
The current average rental value in the postcode is £971.
The PE9 2LW Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £971pcm |
| April 2025 | 3.4% | £952pcm |
| April 2024 | 4.9% | £921pcm |
| April 2023 | 7% | £878pcm |
| April 2022 | 8.3% | £820pcm |
| April 2021 | 7.5% | £758pcm |
| April 2020 | 2.2% | £705pcm |
| April 2019 | 1.4% | £690pcm |
| April 2018 | 1.5% | £680pcm |
| April 2017 | 4.1% | £670pcm |
| April 2016 | 4.1% | £644pcm |
| April 2015 | 3.5% | £618pcm |
| April 2014 | 3% | £597pcm |
| April 2013 | 1.5% | £580pcm |
| April 2012 | 0.5% | £571pcm |
| April 2011 | 4.3% | £568pcm |
| April 2010 | -0.9% | £545pcm |
| April 2009 | -6.8% | £550pcm |
| April 2008 | 3.9% | £590pcm |
| April 2007 | 0% | £568pcm |
The last sale was on 8th December 2025 for £205,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 158 sales since 1995.
PE9 2LW has seen 16 sales in the last three years and 3 sales in the last twelve months.
PE9 2LW is the 950th largest and the 93rd most expensive postcode out of the 967 postcodes in the PE9 area.
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The closest station to PE9 2LW is Stamford (Lincs) station which is 700 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 PE9 2LW, 48.7% of property is privately owned outright and 25.1% is privately rented.
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 PE9 2LW, 9.7% of residents are recorded as possessing school level qualifications and 43.6% 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 PE9 2LW, the average age was 44.1 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 PE9 2LW, 1.9% 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 PE9 2LW, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.