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Town report · 5 min read read · Updated October 2026
Boston Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review
Median price £190,000, 1,079 sales, -4% YoY. Lincolnshire county.
01
Boston Property Market Overview
Boston: Fenland market town with waterfront regeneration potential and agricultural sector employment.
The Boston property market recorded 1,079 residential sales in the 12 months to 30 June 2026, with a median sale price of £190,000. This places Boston £31k below the Lincolnshire county median of £220,500, and £95k below the approximate UK median of £285,000.
Prices in Boston have recorded a moderate decline, a year-on-year change of -4%. Within Lincolnshire, Boston ranks 7th by price out of 8 principal towns, and 7th by transaction volume.
On a quarterly view, Boston median prices moved from £188,000 in Q4 2024 to £195,000 in Q1 2026, a change of +3.7% over 5 quarters. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.
02
Planning Applications in Boston
The local planning authority for Boston approved 7 residential planning applications and refused 5 in Q3 2026 (1 July to 30 September 2026), with 32 still awaiting a decision. Too few decisions were captured in the period to state a reliable approval rate. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.
Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 250 homes, an estimated £46.2m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.
03
Boston House Prices by Property Type
Property prices in Boston vary significantly by type. The table below compares Boston prices with Lincolnshire county averages and UK national figures.
| Type | Boston | Lincolnshire Avg | UK Avg |
|---|---|---|---|
| Detached | £255,000 | £291,375 | £420,000 |
| Semi-detached | £161,983 | £195,000 | £265,000 |
| Terraced | £120,000 | £154,500 | £230,000 |
| Flat | £90,000 | £102,500 | £225,000 |
Detached homes in Boston command £255,000, while flat properties are most accessible at £90,000. The £165k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
04
New Build Homes in Boston
HM Land Registry has so far registered 97 new-build sales in Boston for the past 12 months, 9.0% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.
On those registered sales, new builds in Boston sold at a premium of 34.9% to existing stock.
Across the wider Lincolnshire market, 656 new-build sales have registered so far. See our Lincolnshire property market report for the full county picture.
05
Recent Property Sales in Boston
The table below shows the most recently registered residential sales in Boston, evidence of achieved prices for buyers, sellers and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £295,000 | Detached | PE21 7BS | 2026-08-24 | Existing |
| £302,146 | Detached | PE20 1QU | 2026-08-17 | Existing |
| £165,000 | Detached | PE21 7PN | 2026-08-17 | Existing |
| £57,500 | Flat | PE21 8GH | 2026-08-14 | Existing |
| £105,000 | Semi-detached | PE21 9BY | 2026-08-14 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £57,500 to £302,146 illustrates the breadth of the Boston market.
06
Development Finance in Boston
For developers considering Boston, the local market data translates directly into finance structuring. With a median value of £190,000 and detached homes at £255,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a scheme in Boston with a GDV of £255,000 would attract senior debt of approximately £165,750 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 4% year-on-year, experienced developers can still generate strong returns in Boston by targeting well-located sites with clear demand drivers.
Ready to develop in Boston? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
07
Boston Compared to Nearby Lincolnshire Towns
To put Boston's market in context, the table below compares it with similarly-priced towns across Lincolnshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Boston | £190,000 | 1,079 | -4% |
| Lincoln | £182,000 | 1,595 | +2.5% |
| Skegness | £207,500 | 2,549 | -2.4% |
| Gainsborough | £220,000 | 1,918 | 0% |
| Grantham | £221,000 | 1,149 | -3.9% |
| Spalding | £230,000 | 1,734 | 0% |
For the full Lincolnshire town-by-town breakdown, see our comprehensive Lincolnshire property market report.
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Related
market reports.
Lincolnshire Property Market: Prices, Trends & Development Finance, Q3 2026 Review
6 min readMidlands Property Market: Regional Analysis & County Comparison, Q3 2026 Review
5 min readGainsborough Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review
5 min readGrantham Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review
5 min readLincoln Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review
5 min readCommon questions
Frequently asked
questions.
What is the average house price in Boston?
The median house price in Boston is £190,000, based on 1,079 transactions in the 12 months to 30 June 2026. Detached homes average £255,000 while flat properties average £90,000.
Are house prices rising or falling in Boston?
House prices in Boston are falling by 4% year-on-year. This decline may present buying opportunities for investors and developers. The wider Lincolnshire market is falling by 1.2%.
How many properties sold in Boston recently?
Boston recorded 1,079 residential property sales in the 12 months to 30 June 2026. This high volume indicates a liquid, active market.
What development finance is available for projects in Boston?
Developers in Boston can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.
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