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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
1, Pennygate, Spalding, PE11 1NL
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1 PennygateHouse Prices / East Midlands, South Holland, Pennygate, PE11 1NL
Last updated May 2026
Key Building Insights
1 Pennygate is a residential building situated on Pennygate, Spalding, PE11 with 2 addresses.
It ranks as the 6th largest and 105th most expensive of the 274 buildings in the PE11 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
1 Pennygate is a residential building situated on Pennygate, Spalding, PE11 with 2 addresses.
It ranks as the 6th largest and 105th most expensive of the 274 buildings in the PE11 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 1 Pennygate
Sale prices range from £55,132 for 1 bedroom Leasehold flats (495 ft2) to £126,368 for 3 bedroom freehold houses with a garden (753 ft2) .
Monthly rental prices range from £365 pcm for 1 bed flats to £742 pcm for 3 bed houses.
The gross rental yield is between 7.0% and 7.9%.
The average value per square foot is £140.
Average Sale Value
£90,750
Average Rental Value
£553 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£140 /ft2
Sales Market Trendsin 1 Pennygate
The last sale in 1 Pennygate sold for £105,000 on 30th June 2025. Since then prices are up an average of 23.0%.
The current average value in the building is £90,750.
The 1 Pennygate Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £90,750 |
| April 2025 | 2.2% | £94,107 |
| April 2024 | -5.7% | £92,060 |
| April 2023 | 1% | £97,659 |
| April 2022 | 14.2% | £96,737 |
| April 2021 | 3.5% | £84,704 |
| April 2020 | 2.3% | £81,874 |
| April 2019 | 3.8% | £80,025 |
| April 2018 | 0.6% | £77,088 |
| April 2017 | 5.3% | £76,652 |
| April 2016 | 6.7% | £72,781 |
| April 2015 | 4.8% | £68,185 |
| April 2014 | 5.3% | £65,078 |
| April 2013 | 1.6% | £61,802 |
| April 2012 | -0.2% | £60,816 |
| April 2011 | -3% | £60,922 |
| April 2010 | 2% | £62,799 |
| April 2009 | -14.7% | £61,567 |
| April 2008 | -1.5% | £72,148 |
| April 2007 | 0% | £73,256 |
Rental Market Trendsin 1 Pennygate
The current average rental value in the building is £553.
The 1 Pennygate Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £553pcm |
| April 2025 | 4.4% | £532pcm |
| April 2024 | 5.3% | £509pcm |
| April 2023 | 6.8% | £484pcm |
| April 2022 | 6.6% | £453pcm |
| April 2021 | 4.4% | £425pcm |
| April 2020 | 0.3% | £406pcm |
| April 2019 | 0.4% | £405pcm |
| April 2018 | -0.1% | £403pcm |
| April 2017 | 3% | £404pcm |
| April 2016 | 2.6% | £392pcm |
| April 2015 | 3.2% | £382pcm |
| April 2014 | 1.9% | £370pcm |
| April 2013 | 2.6% | £363pcm |
| April 2012 | 0.1% | £354pcm |
| April 2011 | 1.4% | £354pcm |
| April 2010 | 1% | £349pcm |
| April 2009 | -6.5% | £345pcm |
| April 2008 | 6.3% | £369pcm |
| April 2007 | 0% | £348pcm |
Explore Propertiesin 1, Pennygate, Spalding, PE11 1NL
Sales Historyin 1, Pennygate, Spalding, PE11 1NL
The last sale was on 30th June 2025 for £105,000 and since then the market in the area has increased by 23.0%. The building has had a total of 5 sales since 1995.
1, Pennygate, Spalding, PE11 1NL has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Jun 2025£105,000 | 3 Bed HousePennygate1, Pennygate, Spalding, PE11 1NL
Sold Jul 2016£88,000 | 3 Bed HousePennygate1, Pennygate, Spalding, PE11 1NL
Sold Aug 2003£77,500 | 3 Bed HousePennygate1, Pennygate, Spalding, PE11 1NL
Sold Aug 2000£47,500 | 3 Bed HousePennygate1, Pennygate, Spalding, PE11 1NL
Sold Jun 1998£25,000 | 3 Bed HousePennygate1, Pennygate, Spalding, PE11 1NL
Property Typesin 1 Pennygate
- 1 period house built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- period house (1)
- period flat (1)
Energy Efficiencyof properties in 1 Pennygate
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Schools Nearbyto 1, Pennygate, Spalding, PE11 1NL
The nearest primary school to 1, Pennygate, Spalding, PE11 1NL is St Norbert's Catholic Voluntary Academy which is 145 metres away.
- 145mSt Norbert's Catholic Voluntary Academy
- 548mSpalding Primary Academy
- 577mWygate Park Academy
The nearest secondary school is Spalding Grammar School which is 799 metres away.
- 799mSpalding Grammar School
- 1.4kmSpalding High School
- 1.5kmSpalding Academy
More reading links
Public Transport Nearbyto 1, Pennygate, Spalding, PE11 1NL
The closest station to 1, Pennygate, Spalding, PE11 1NL is Spalding station which is 200 metres away.
- 197mSpalding
- 20.1kmSwineshead
- 20.9kmHubberts Bridge
- 22.6kmBoston
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