Property Data OutlookNG34
26,839 recorded transactions · Part of North Kesteven
Compare with another area →Market outlook for NG34
Key indicators for buyers
The NG34 market is moderately favourable for buyers. Affordability has improved from a peak of 8.3x in 2021 to 7.0x today. Rising rents (£840/mo, +10.0%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider North Kesteven area
A home in North Kesteven costs 7.0x the local median salary — moderate, improving from a peak of 8.3x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider North Kesteven area
Average monthly rent in North Kesteven is £840, up 10.0% 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 North Kesteven price of £258,679 with a 25% deposit (£65k), a 2-year fixed mortgage at 3.97% costs around £1,021 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NG34 avg. price with North Kesteven rental data
Monthly mortgage payments (£1,021) are £181 more than renting (£840). However, buying requires an upfront deposit of £65k — it would take around 12 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 |
|---|---|---|---|
6, CENTURION CLOSE NG34 7PH | Detached | £320,000 | 19 Jan 2026 |
22, ROWAN CLOSE NG34 7SP | Semi-detached | £205,000 | 16 Jan 2026 |
33, MOOR PARK, RUSKINGTON NG34 9AJ | Semi-detached | £185,000 | 15 Jan 2026 |
2, RYE CLOSE NG34 7BT | Detached | £355,000 | 15 Jan 2026 |
8, KINROSS ROAD NG34 8GF | Terraced | £235,000 | 15 Jan 2026 |
11, EDMUNDS ROAD, CRANWELL VILLAGE NG34 8EL | Detached | £175,000 | 12 Jan 2026 |
44, DEAN CLOSE, LEASINGHAM NG34 8NW | Detached |
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.