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Lavender Way is a residential street with 40 addresses.
It ranks as the 430th largest and 394th most expensive of the 524 streets in the PE10 area. The dominant property type is a modern house built after 1980.
The street contains a total of 40 properties: 40 houses.
Lavender Way is a residential street with 40 addresses.
It ranks as the 430th largest and 394th most expensive of the 524 streets in the PE10 area. The dominant property type is a modern house built after 1980.
The street contains a total of 40 properties: 40 houses.
Sale prices range from £268,676 for 3 bedroom freehold houses with a garden (893 ft2) to £406,303 for 4 bedroom freehold houses with a garden (1,668 ft2) .
Monthly rental prices range from £1,062 pcm for 3 bed houses to £1,320 pcm for 4 bed houses.
The gross rental yield is between 3.9% and 4.7%.
The average value per square foot is £286.
The last sale on Lavender Way sold for £300,000 on 20th March 2026. Since then prices are up an average of 0.9%.
The current average value in the street is £325,531.
The Lavender Way Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -5.5% | £325,531 |
| May 2025 | -0.6% | £344,558 |
| May 2024 | -2.9% | £346,735 |
| May 2023 | 0.3% | £357,259 |
| May 2022 | 11.1% | £356,162 |
| May 2021 | 4.7% | £320,557 |
| May 2020 | 1.2% | £306,155 |
| May 2019 | 4% | £302,532 |
| May 2018 | 7.9% | £290,797 |
| May 2017 | 4.9% | £269,573 |
| May 2016 | 8% | £256,938 |
| May 2015 | 5.5% | £237,993 |
| May 2014 | 4.8% | £225,486 |
| May 2013 | 2% | £215,261 |
| May 2012 | -0.5% | £211,010 |
| May 2011 | 0.8% | £212,000 |
| May 2010 | 3.7% | £210,228 |
| May 2009 | -10.7% | £202,785 |
| May 2008 | -5% | £227,011 |
| May 2007 | 0% | £238,839 |
The current average rental value in the street is £1,185.
The Lavender Way Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.7% | £1,185pcm |
| May 2025 | 3.1% | £1,165pcm |
| May 2024 | 5.4% | £1,131pcm |
| May 2023 | 6.9% | £1,073pcm |
| May 2022 | 10.8% | £1,004pcm |
| May 2021 | 6.8% | £906pcm |
| May 2020 | 1.9% | £849pcm |
| May 2019 | 2.2% | £833pcm |
| May 2018 | 1.6% | £815pcm |
| May 2017 | 5.8% | £802pcm |
| May 2016 | 4.2% | £758pcm |
| May 2015 | 3.6% | £728pcm |
| May 2014 | 3.9% | £702pcm |
| May 2013 | 0.8% | £676pcm |
| May 2012 | 1.6% | £670pcm |
| May 2011 | 5.5% | £660pcm |
| May 2010 | 2.4% | £625pcm |
| May 2009 | -6.6% | £610pcm |
| May 2008 | 3% | £653pcm |
| May 2007 | 0% | £634pcm |
The last sale was on 20th March 2026 for £300,000 and since then the market in the area has increased by 0.9%. The street has had a total of 65 sales since 1995.
Lavender Way, Bourne, PE10 has seen 6 sales in the last three years and 2 sales in the last twelve months.
Lavender Way, Bourne, PE10 is the 430th largest and the 394th most expensive street in the PE10 area.
There is 1 postcode on Lavender Way, Bourne, PE10.
The closest station to Lavender Way, Bourne, PE10 is Stamford (Lincs) station which is 15.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Lavender Way, Bourne, PE10, 61.5% of property is privately owned outright and 31.1% 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 Lavender Way, Bourne, PE10, 16.1% of residents are recorded as possessing school level qualifications and 35.8% 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 Lavender Way, Bourne, PE10, the average age was 41.6 and the most common age was 32.
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 Lavender Way, Bourne, PE10, 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 Lavender Way, Bourne, PE10, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
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.