Pennygate - PE11 1LS
Key Postcode Insights
PE11 1LS is a residential postcode situated on Pennygate, Spalding, PE11 with 14 addresses.
It ranks as the 616th largest and 375th 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 14 properties: 14 houses.
- Ave. Sale Price
- £187,661
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £990pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £200/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
PE11 1LS is a residential postcode situated on Pennygate, Spalding, PE11 with 14 addresses.
It ranks as the 616th largest and 375th 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 14 properties: 14 houses.
- Ave. Sale Price
- £187,661
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £990pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £200/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin PE11 1LS
- 239 Pennygate
3 Bed Period House
- 241 Pennygate
3 Bed Period House
- 243 Pennygate
3 Bed Period House
- 245 Pennygate
House
- 247 Pennygate
3 Bed Period House
Sales Market Trends
The last sale in PE11 1LS sold for £115,000 on 31st March 2026. Since then prices are down an average of 1.8%.
The current average value in the postcode is £187,661.
The PE11 1LS Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £187,661 |
| June 2025 | 3.3% | £191,394 |
| June 2024 | -5.3% | £185,260 |
| June 2023 | -0.6% | £195,672 |
| June 2022 | 14.3% | £196,805 |
| June 2021 | 5.2% | £172,218 |
| June 2020 | 3.1% | £163,655 |
| June 2019 | 3.3% | £158,683 |
| June 2018 | 2.4% | £153,678 |
| June 2017 | 4.9% | £150,125 |
| June 2016 | 7.3% | £143,086 |
| June 2015 | 6.4% | £133,337 |
| June 2014 | 5.9% | £125,333 |
| June 2013 | 0.6% | £118,401 |
| June 2012 | 2.6% | £117,681 |
| June 2011 | -3.3% | £114,672 |
| June 2010 | 5.3% | £118,612 |
| June 2009 | -14.8% | £112,648 |
| June 2008 | -4.8% | £132,194 |
| June 2007 | 0% | £138,896 |
Rental Market Trends
The current average rental value in the postcode is £990.
The PE11 1LS Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £990pcm |
| June 2025 | 4% | £954pcm |
| June 2024 | 3.6% | £917pcm |
| June 2023 | 8.2% | £885pcm |
| June 2022 | 9% | £818pcm |
| June 2021 | 2.4% | £751pcm |
| June 2020 | 1% | £733pcm |
| June 2019 | -0.7% | £726pcm |
| June 2018 | 1.2% | £731pcm |
| June 2017 | 3.1% | £722pcm |
| June 2016 | 3.3% | £700pcm |
| June 2015 | 3.4% | £677pcm |
| June 2014 | 3.8% | £655pcm |
| June 2013 | 1.3% | £631pcm |
| June 2012 | 0.1% | £623pcm |
| June 2011 | 3.6% | £622pcm |
| June 2010 | 2.6% | £601pcm |
| June 2009 | -6.8% | £586pcm |
| June 2008 | 4.3% | £629pcm |
| June 2007 | 0% | £603pcm |
Sales History
The last sale was on 31st March 2026 for £115,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 17 sales since 1995.
PE11 1LS has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£115,000 | 3 Bed House251, Pennygate, Spalding, PE11 1LS251, Pennygate, Spalding, PE11 1LS
- Sold Apr 2025£212,500 | 3 Bed House253, Pennygate, Spalding, PE11 1LS253, Pennygate, Spalding, PE11 1LS
- Sold Jan 2022£150,000 | 3 Bed House247, Pennygate, Spalding, PE11 1LS247, Pennygate, Spalding, PE11 1LS
- Sold Dec 2021£178,000 | 3 Bed House253, Pennygate, Spalding, PE11 1LS253, Pennygate, Spalding, PE11 1LS
- Sold May 2021£160,000 | 3 Bed House255, Pennygate, Spalding, PE11 1LS255, Pennygate, Spalding, PE11 1LS
Nearby Postcodes
PE11 1LS is the 616th largest and the 375th most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 1LP, Second Avenue, Spalding, PE11PE11 1LP10 Addresses|58 m away
- PE11 1LT, Pennygate, Spalding, PE11PE11 1LT21 Addresses|67 m away
- PE11 1LR, First Avenue, Spalding, PE11PE11 1LR14 Addresses|77 m away
- PE11 1LW, Third Avenue, Spalding, PE11PE11 1LW14 Addresses|100 m away
- PE11 1LH, Chaucers Way, Spalding, PE11PE11 1LH54 Addresses|121 m away
Property Types
- 11 period houses built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (11)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (8)
- No EPC (3)
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 Academy300 m away
- Wygate Park Academy500 m away
- St Norbert's Catholic Voluntary Academy700 m away
- Spalding Grammar School1.2 km away
- Spalding High School1.9 km away
- Spalding Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to PE11 1LS is Spalding station, which is 900 metres away.
- Spalding|900 m away
- Swineshead|20.4 km away
- Hubberts Bridge|21.4 km away
- Heckington|22.8 km away
