Pennygate - PE11 1LT
Key Postcode Insights
PE11 1LT is a residential postcode situated on Pennygate, Spalding, PE11 with 21 addresses.
It ranks as the 829th largest and 266th 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: 21 houses.
- Ave. Sale Price
- £182,631
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 41.6%
- Ave. £ per ft²
- £175/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
PE11 1LT is a residential postcode situated on Pennygate, Spalding, PE11 with 21 addresses.
It ranks as the 829th largest and 266th 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: 21 houses.
- Ave. Sale Price
- £182,631
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 41.6%
- Ave. £ per ft²
- £175/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin PE11 1LT
- 162 Pennygate
3 Bed Period House
- 164 Pennygate
3 Bed Period House
- 166 Pennygate
3 Bed Period House
- 168 Pennygate
3 Bed Period House
- 170 Pennygate
3 Bed Period House
Sales Market Trends
The last sale in PE11 1LT sold for £157,250 on 19th September 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £182,631.
The PE11 1LT Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.3% | £182,631 |
| June 2025 | 3.1% | £188,856 |
| June 2024 | -5.6% | £183,216 |
| June 2023 | -0.4% | £194,111 |
| June 2022 | 14.6% | £194,893 |
| June 2021 | 5.7% | £170,108 |
| June 2020 | 3% | £160,972 |
| June 2019 | 3.8% | £156,220 |
| June 2018 | 2.6% | £150,546 |
| June 2017 | 5.6% | £146,777 |
| June 2016 | 7.4% | £139,055 |
| June 2015 | 6.5% | £129,531 |
| June 2014 | 5.5% | £121,664 |
| June 2013 | 0.7% | £115,319 |
| June 2012 | 2.5% | £114,570 |
| June 2011 | -2.9% | £111,745 |
| June 2010 | 6.7% | £115,070 |
| June 2009 | -13.1% | £107,869 |
| June 2008 | -5.1% | £124,092 |
| June 2007 | 0% | £130,733 |
Rental Market Trends
The current average rental value in the postcode is £927.
The PE11 1LT Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £927pcm |
| June 2025 | 3.8% | £906pcm |
| June 2024 | 3.2% | £873pcm |
| June 2023 | 8.4% | £846pcm |
| June 2022 | 9.3% | £780pcm |
| June 2021 | 2.9% | £714pcm |
| June 2020 | 0.9% | £694pcm |
| June 2019 | -0.2% | £688pcm |
| June 2018 | 1.4% | £689pcm |
| June 2017 | 3.7% | £679pcm |
| June 2016 | 3.4% | £655pcm |
| June 2015 | 3.5% | £633pcm |
| June 2014 | 3.4% | £612pcm |
| June 2013 | 1.3% | £592pcm |
| June 2012 | 0% | £584pcm |
| June 2011 | 4.1% | £584pcm |
| June 2010 | 3.9% | £561pcm |
| June 2009 | -5% | £540pcm |
| June 2008 | 4% | £568pcm |
| June 2007 | 0% | £546pcm |
Sales History
The last sale was on 19th September 2025 for £157,250 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 44 sales since 1995.
PE11 1LT has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£157,250 | 3 Bed House172, Pennygate, Spalding, PE11 1LT172, Pennygate, Spalding, PE11 1LT
- Sold May 2025£167,000 | 3 Bed House186, Pennygate, Spalding, PE11 1LT186, Pennygate, Spalding, PE11 1LT
- Sold Aug 2023£186,000 | 3 Bed House180, Pennygate, Spalding, PE11 1LT180, Pennygate, Spalding, PE11 1LT
- Sold Jul 2023£127,500 | 3 Bed House164, Pennygate, Spalding, PE11 1LT164, Pennygate, Spalding, PE11 1LT
- Sold Sep 2022£175,000 | 3 Bed House166, Pennygate, Spalding, PE11 1LT166, Pennygate, Spalding, PE11 1LT
Nearby Postcodes
PE11 1LT is the 829th largest and the 266th most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 1LS, Pennygate, Spalding, PE11PE11 1LS14 Addresses|67 m away
- PE11 1LR, First Avenue, Spalding, PE11PE11 1LR14 Addresses|80 m away
- PE11 1LP, Second Avenue, Spalding, PE11PE11 1LP10 Addresses|115 m away
- PE11 1LZ, Carrington Close, Spalding, PE11PE11 1LZ7 Addresses|122 m away
- PE11 1LX, Pennygate, Spalding, PE11PE11 1LX18 Addresses|134 m away
Property Types
- 13 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 6 other addresses of unknown type
- period house (13)
- modern house (1)
- mid-century house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (0)
- D (11)
- 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 Academy300 m away
- Wygate Park Academy500 m away
- St Norbert's Catholic Voluntary Academy600 m away
- Spalding Grammar School1.1 km away
- Spalding High School1.9 km away
- Spalding Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to PE11 1LT 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
