Property Data OutlookPE9
16,028 recorded transactions · Part of South Kesteven
Compare with another area →Market outlook for PE9
Key indicators for buyers
The PE9 market is moderately favourable for buyers. Prices are rising at 23.4%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.1x in 2021 to 7.8x today.
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 South Kesteven area
A home in South Kesteven costs 7.8x the local median salary — moderate, improving from a peak of 9.1x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Kesteven area
Average monthly rent in South Kesteven is £832, up 0.3% 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 South Kesteven price of £472,667 with a 25% deposit (£118k), a 2-year fixed mortgage at 3.97% costs around £1,865 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses PE9 avg. price with South Kesteven rental data
Monthly mortgage payments (£1,865) are £1,033 more than renting (£832). However, buying requires an upfront deposit of £118k — it would take around 115 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 |
|---|---|---|---|
COULSON HOUSE, WOTHORPE ROAD PE9 2JR | Detached | £560,000 | 28 Jan 2026 |
5, BELVOIR CLOSE PE9 2XY | Detached | £448,000 | 14 Jan 2026 |
187, CASTERTON ROAD PE9 2YA | Detached | £410,000 | 6 Jan 2026 |
3, RYHALL ROAD PE9 1UB | Terraced | £275,000 | 30 Dec 2025 |
50, HIGH STREET, KETTON PE9 3TE | Detached | £660,000 | 22 Dec 2025 |
4, ABERDEEN CLOSE PE9 2TN | Semi-detached | £220,000 | 19 Dec 2025 |
10, GRESLEY DRIVE PE9 2ZB | Terraced | £285,000 |
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.