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Pear Tree Close is a residential street with 5 addresses.
It ranks as the 95th largest and 312th most expensive of the 432 streets in the LN9 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Pear Tree Close is a residential street with 5 addresses.
It ranks as the 95th largest and 312th most expensive of the 432 streets in the LN9 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Sale prices range from £237,264 for 3 bedroom freehold houses with a garden (1,280 ft2) to £451,699 for 4 bedroom freehold houses with a garden (1,851 ft2) .
Monthly rental prices range from £1,044 pcm for 3 bed houses to £1,440 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 5.4%.
The average value per square foot is £244.
The last sale on Pear Tree Close sold for £248,000 on 7th November 2014. Since then prices are up an average of 45.3%.
The current average value in the street is £335,128.
The Pear Tree Close Sales Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.6% | £335,128 |
| May 2025 | -0.2% | £347,636 |
| May 2024 | -3% | £348,167 |
| May 2023 | 2.3% | £358,968 |
| May 2022 | 13.5% | £350,746 |
| May 2021 | 7.9% | £308,913 |
| May 2020 | -0.9% | £286,297 |
| May 2019 | 1.2% | £288,873 |
| May 2018 | 4.6% | £285,566 |
| May 2017 | 5.8% | £272,903 |
| May 2016 | 9.5% | £257,859 |
| May 2015 | 1.1% | £235,436 |
| May 2014 | 1% | £232,981 |
| May 2013 | 4.6% | £230,753 |
| May 2012 | -0.4% | £220,678 |
| May 2011 | 1.8% | £221,620 |
| May 2010 | 2.6% | £217,620 |
| May 2009 | -11.1% | £212,029 |
| May 2008 | -1% | £238,417 |
| May 2007 | 0% | £240,872 |
The current average rental value in the street is £1,210.
The Pear Tree Close Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,210pcm |
| May 2025 | 4.5% | £1,172pcm |
| May 2024 | 6.4% | £1,122pcm |
| May 2023 | 8.7% | £1,055pcm |
| May 2022 | 7.1% | £970pcm |
| May 2021 | 6% | £906pcm |
| May 2020 | 2.3% | £855pcm |
| May 2019 | 1.7% | £835pcm |
| May 2018 | 1.9% | £822pcm |
| May 2017 | 3.1% | £806pcm |
| May 2016 | 3.1% | £782pcm |
| May 2015 | 3.8% | £758pcm |
| May 2014 | 3.2% | £731pcm |
| May 2013 | 1.7% | £708pcm |
| May 2012 | 2.5% | £696pcm |
| May 2011 | 2.2% | £679pcm |
| May 2010 | 0.5% | £665pcm |
| May 2009 | -3% | £662pcm |
| May 2008 | 3.9% | £682pcm |
| May 2007 | 0% | £657pcm |
The last sale was on 7th November 2014 for £248,000 and since then the market in the area has increased by 45.3%. The street has had a total of 5 sales since 1995.
Pear Tree Close, Horncastle, LN9 has seen no sales in the last three years and no sales in the last twelve months.
Pear Tree Close, Horncastle, LN9 is the 95th largest and the 312th most expensive street in the LN9 area.
There is 1 postcode on Pear Tree Close, Horncastle, LN9.
The closest station to Pear Tree Close, Horncastle, LN9 is Metheringham station which is 20.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Pear Tree Close, Horncastle, LN9, 60.4% of property is privately owned outright and 21.4% 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 Pear Tree Close, Horncastle, LN9, 15.6% of residents are recorded as possessing school level qualifications and 22.4% 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 Pear Tree Close, Horncastle, LN9, the average age was 45.8 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 Pear Tree Close, Horncastle, LN9, 0.4% 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 Pear Tree Close, Horncastle, LN9, 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.