Pennygate - PE11 1LN
Key Postcode Insights
PE11 1LN is a residential postcode situated on Pennygate, Spalding, PE11 with 21 addresses.
It ranks as the 828th largest and 413th most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 19 houses and 2 flats.
- Ave. Sale Price
- £204,461
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,028pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
PE11 1LN is a residential postcode situated on Pennygate, Spalding, PE11 with 21 addresses.
It ranks as the 828th largest and 413th most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 19 houses and 2 flats.
- Ave. Sale Price
- £204,461
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,028pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin PE11 1LN
- 232A Pennygate
4 Bed Modern House
- 232 Pennygate
5 Bed Mid-century House
- 234 Pennygate
4 Bed Period House
- 236 Pennygate
House
- 238 Pennygate
House
Sales Market Trends
The last sale in PE11 1LN sold for £165,000 on 2nd July 2024. Since then prices are up an average of 0.1%.
The current average value in the postcode is £204,461.
The PE11 1LN Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £204,461 |
| June 2025 | 2.7% | £211,784 |
| June 2024 | -5.3% | £206,161 |
| June 2023 | -0.7% | £217,697 |
| June 2022 | 14% | £219,233 |
| June 2021 | 5.2% | £192,329 |
| June 2020 | 2.8% | £182,888 |
| June 2019 | 3.6% | £177,845 |
| June 2018 | 2.3% | £171,605 |
| June 2017 | 5.2% | £167,673 |
| June 2016 | 7% | £159,456 |
| June 2015 | 6.1% | £149,022 |
| June 2014 | 5.2% | £140,399 |
| June 2013 | 0.5% | £133,425 |
| June 2012 | 2.4% | £132,754 |
| June 2011 | -3.1% | £129,703 |
| June 2010 | 5.8% | £133,838 |
| June 2009 | -13.2% | £126,495 |
| June 2008 | -5.2% | £145,726 |
| June 2007 | 0% | £153,782 |
Rental Market Trends
The current average rental value in the postcode is £1,028.
The PE11 1LN Rental Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,028pcm |
| June 2025 | 3.5% | £1,007pcm |
| June 2024 | 3.6% | £973pcm |
| June 2023 | 8.1% | £940pcm |
| June 2022 | 8.7% | £870pcm |
| June 2021 | 2.4% | £800pcm |
| June 2020 | 0.7% | £782pcm |
| June 2019 | -0.3% | £776pcm |
| June 2018 | 1.2% | £778pcm |
| June 2017 | 3.3% | £769pcm |
| June 2016 | 3% | £744pcm |
| June 2015 | 3.2% | £722pcm |
| June 2014 | 3.2% | £700pcm |
| June 2013 | 1.2% | £678pcm |
| June 2012 | -0.2% | £670pcm |
| June 2011 | 3.9% | £672pcm |
| June 2010 | 3.1% | £647pcm |
| June 2009 | -5.1% | £627pcm |
| June 2008 | 3.8% | £661pcm |
| June 2007 | 0% | £637pcm |
Sales History
The last sale was on 2nd July 2024 for £165,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 20 sales since 1995.
PE11 1LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£165,000 | 3 Bed House267, Pennygate, Spalding, PE11 1LN267, Pennygate, Spalding, PE11 1LN
- Sold Jun 2022£165,000 | 3 Bed House275, Pennygate, Spalding, PE11 1LN275, Pennygate, Spalding, PE11 1LN
- Sold Jan 2022£240,000 | 3 Bed House287, Pennygate, Spalding, PE11 1LN287, Pennygate, Spalding, PE11 1LN
- Sold Oct 2020£150,000 | 3 Bed House287, Pennygate, Spalding, PE11 1LN287, Pennygate, Spalding, PE11 1LN
- Sold Mar 2020£149,000 | 3 Bed House275, Pennygate, Spalding, PE11 1LN275, Pennygate, Spalding, PE11 1LN
Nearby Postcodes
PE11 1LN is the 828th largest and the 413th most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 1LW, Third Avenue, Spalding, PE11PE11 1LW14 Addresses|72 m away
- PE11 1LG, Pennygate, Spalding, PE11PE11 1LG6 Addresses|73 m away
- PE11 1LB, Hannam Boulevard, Spalding, PE11PE11 1LB33 Addresses|116 m away
- PE11 1LP, Second Avenue, Spalding, PE11PE11 1LP10 Addresses|142 m away
- PE11 1LS, Pennygate, Spalding, PE11PE11 1LS14 Addresses|143 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 5 mid-century houses built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- period house (6)
- modern house (1)
- mid-century house (5)
- mid-century flat (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (2)
- C (2)
- G (0)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Feb 2020£1,007,000 | 3 Bed House121, Pennygate, Spalding, PE11 1NN121, Pennygate, Spalding, PE11 1NN
- Sold Jan 2023£293,000 | 4 Bed House82, Pennygate, Spalding, PE11 1NW82, Pennygate, Spalding, PE11 1NW
- Sold Jun 2018£280,000 | 4 Bed House353, Pennygate, Spalding, PE11 1LQ353, Pennygate, Spalding, PE11 1LQ
Schools Nearby
- Monkshouse Primary Academy200 m away
- Wygate Park Academy600 m away
- The Spalding St John the Baptist Church of England Primary School800 m away
- Spalding Grammar School1.3 km away
- Spalding High School2.1 km away
- Spalding Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to PE11 1LN is Spalding station, which is 1.1 kilometres away.
- Spalding|1.1 km away
- Swineshead|20.4 km away
- Hubberts Bridge|21.5 km away
- Heckington|22.7 km away
