Local market reports › PE area › PE15 › PE15 8
Benwick market report PE15 8, March
The standing PE15 8 (Benwick) property market report, rebuilt from the full public record every month. Everything below comes from 7,898 sales recorded by HM Land Registry in PE15 8 (March) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical PE15 8 (March) home changed hands for £220,000 in 2026 (median of 83 registered sales, up 10% on five years earlier), with the mean at £222,600, and by floor area homes here have averaged about £2,640 per square metre over the last five years. Source: 7,898 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like PE15 8 is a single group of streets within PE15 (March), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where PE15 8 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in PE15 8
Across 83 registered 2026 sales, the typical (median) PE15 8 home went for £220,000. The mean is £222,600, nearly identical to it, meaning sales cluster closely around the typical figure.
PE15 8 prices by floor area
Averaged across five years of sales, floor space in PE15 8 costs about £2,640 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, PE15 8 sits 23% below the national market.
A typical PE15 8 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £220,000 | £220,000 | 83 |
| 2025 | £219,000 | £224,237 | 190 |
| 2024 | £220,000 | £233,905 | 187 |
| 2023 | £220,000 | £241,726 | 169 |
| 2022 | £222,500 | £260,907 | 220 |
| 2021 | £200,000 | £253,226 | 262 |
| 2020 | £190,000 | £246,529 | 161 |
| 2019 | £195,000 | £255,598 | 188 |
| 2018 | £178,000 | £237,277 | 221 |
| 2017 | £173,000 | £235,955 | 235 |
| 2016 | £157,200 | £219,924 | 258 |
| 2015 | £150,000 | £211,950 | 245 |
| 2014 | £140,500 | £199,324 | 224 |
| 2013 | £120,000 | £172,668 | 188 |
| 2012 | £125,000 | £183,984 | 148 |
| 2011 | £125,000 | £188,702 | 141 |
| 2010 | £118,000 | £185,054 | 135 |
| 2009 | £123,000 | £197,724 | 191 |
| 2008 | £135,000 | £221,294 | 180 |
| 2007 | £135,000 | £228,998 | 401 |
| 2006 | £131,700 | £228,614 | 442 |
| 2005 | £121,200 | £215,687 | 320 |
| 2004 | £117,000 | £212,495 | 399 |
| 2003 | £107,000 | £197,120 | 339 |
| 2002 | £90,000 | £169,334 | 435 |
| 2001 | £70,000 | £134,571 | 341 |
| 2000 | £56,500 | £110,881 | 342 |
| 1999 | £48,500 | £96,658 | 366 |
| 1998 | £45,800 | £92,451 | 262 |
| 1997 | £37,000 | £75,880 | 239 |
| 1996 | £36,000 | £75,922 | 212 |
| 1995 | £37,500 | £81,519 | 174 |
In cash terms the typical PE15 8 home went from £37,500 in 1995 to £220,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 170%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 16% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the PE15 8 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+28.6% on the year before); the weakest, 2009 (−8.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.5% | −1.9% |
| 5 years (since 2021) | +1.9% | −2.8% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +2.6% | −0.2% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
PE15 8 recorded 83 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 377 sales a year before the financial crisis and 170 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Rents around PE15 8
The local authority for PE15 8 is Fenland, and its ONS average private rent currently stands at £835 a month (May 2026 figures). A one-bed averages £621 a month here and a four-or-more-bed £1,378, so size does most of the work in setting the rent.
Average monthly rent by size, Fenland
ONS Price Index of Private Rents, May 2026.
£835 a month is £10,020 a year, which against the £220,000 median sold price makes a gross yield of 4.6%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Common questions on PE15 8 (Benwick)
How much did a house sell for in PE15 8 (Benwick)?
Are property prices falling in PE15 8 (Benwick)?
Is PE15 8 (Benwick) a good place to buy a house?
What happens to PE15 8 prices now?
That question has no honest answer, only evidence. The evidence: the median is up 10% over five years in cash but down 13% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in PE15 right now
Turning to what is actually available: 201 homes on the market right now, from 5 agents publishing to HomesIndex.
These cover the whole PE15 district, not just PE15 8: live asking prices are collected per district.
27% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every PE15 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in PE
What homes of each size actually sold for across the PE area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
PE area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in PE15
A few minutes' walk can separate two very different markets. Here are PE15's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE15 0 | £280,000 | 59 |
| PE15 9 | £242,500 | 46 |
Zoom out to the full PE15 district report for the type split, monthly volumes and how PE15 compares with its neighbours.
Selling a home in PE15 8? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PE15 8's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim PE15 8.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE15 8. Free, with a one click sign in.
The live map plots every individual PE15 8 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.