Market outlook for Boston
Key indicators for buyers
The Boston market is moderately favourable for buyers. Prices are rising at 3.8%, which may favour acting sooner rather than later. Affordability has improved from a peak of 7.6x in 2021 to 6.8x today. Rising rents (£792/mo, +2.3%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Boston costs 6.8x the local median salary — moderate, improving from a peak of 7.6x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Boston is £792, up 2.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Boston price of £187,990 with a 25% deposit (£47k), a 2-year fixed mortgage at 3.97% costs around £742 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£742) are £50 less than renting (£792). However, buying requires an upfront deposit of £47k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
4, THE COURTYARD PE21 0AZ | Semi-detached | £122,500 | 23 Jan 2026 |
6, ROTHSCHILD CLOSE PE21 7TA | Detached | £330,000 | 22 Jan 2026 |
44, ARGYLE STREET PE21 8PH | Terraced | £114,950 | 19 Jan 2026 |
90, TYTTON LANE WEST, WYBERTON PE21 7HN | Detached | £225,000 | 19 Jan 2026 |
1, PULVERTOFT LANE PE21 8TB | Flat/Maisonette | £66,000 | 16 Jan 2026 |
6, DELFIELD ROAD PE21 7BB | Detached | £175,000 | 16 Jan 2026 |
40, WILLINGTON ROAD, KIRTON PE20 1EW | Detached |
Explore postcodes in Boston
2postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.