Property trends for PE26

    PE26 covers rural and coastal areas in south Lincolnshire, including settlements around the Fenland borderlands. The district is characterized by a quieter, semi-rural character with strong community ties and a mature demographic profile.

    At a Glance

    Average Property Price - PE26

    £279,181

    36

    National percentile

    Average Monthly Rent - PE

    £912

    35

    National percentile

    Average Net Household Income - PE26

    £40,391

    60

    National percentile

    Flat / Maisonette Yield - PE

    6.1%

    77

    National percentile

    10-Year Annualised Price Growth - PE26

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    Property Price & Volume Trends

    The average property price in PE26 is £279,000, placing it below the national average. Over the past decade, prices have grown at 2.9% annually—a notably slower pace than the UK as a whole. Transaction activity fell to 178 sales in the latest year, down from a 10-year average of 218 per annum.

    Rent & Yield Trends

    Average monthly rents in the PE postcode area stand at £912, below the national median. Rental growth over the past decade has been brisk at 4.2% annually, outpacing the national trend. The current flat yield of 6.1% sits above its own 10-year average of 5.0%, reflecting stronger investor returns in recent years.

    Income & Affordability Trends

    Household incomes in PE26 average £40,391 per year, slightly above the national midpoint. However, affordability for buyers has deteriorated: the price-to-income ratio has risen from 5.8x in 2016 to 7.8x today. Renters face similar pressure—the rent-to-income ratio has climbed from 22.5% to 24.7% over the same period.

    Resident Demographic Profile

    The population skews towards older age groups, with those aged 50–64 and 65+ together accounting for 43.6% of residents—well above the national average of 39.4%. The working-age 16–24 cohort is notably underrepresented at 8.7% versus 11% nationally. Housing tenure is dominated by outright ownership (35.7%) and mortgaged homes (32%), while the professional workforce is slightly smaller than average at 16.3%.

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