PE11 2EG is a residential postcode situated on Grange Drive, Spalding, PE11 with 17 addresses.
It ranks as the 730th largest and 112th most expensive of the 1,224 postcodes in the PE11 area.
The postcode contains a total of 17 properties: 17 flats.
PE11 2EG is a residential postcode situated on Grange Drive, Spalding, PE11 with 17 addresses.
It ranks as the 730th largest and 112th most expensive of the 1,224 postcodes in the PE11 area.
The postcode contains a total of 17 properties: 17 flats.
Sale prices range from £96,649 for 1 bedroom leasehold flats (376 ft2) to £127,335 for 2 bedroom leasehold flats (655 ft2) .
Monthly rental prices range from £506 pcm for 1 bed flats to £624 pcm for 2 bed flats.
The gross rental yield is between 5.9% and 6.3%.
The average value per square foot is £205.
The last sale in PE11 2EG sold for £120,000 on 8th October 2021. Since then prices are down an average of 1.2%.
The current average value in the postcode is £121,424.
The PE11 2EG Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £121,424 |
| April 2025 | 1.6% | £125,224 |
| April 2024 | -5.6% | £123,219 |
| April 2023 | -0.1% | £130,531 |
| April 2022 | 12.7% | £130,606 |
| April 2021 | 2.2% | £115,920 |
| April 2020 | 2% | £113,374 |
| April 2019 | 3.5% | £111,142 |
| April 2018 | -0.1% | £107,381 |
| April 2017 | 3.8% | £107,464 |
| April 2016 | 6.2% | £103,552 |
| April 2015 | 4.1% | £97,538 |
| April 2014 | 4% | £93,696 |
| April 2013 | 0.9% | £90,053 |
| April 2012 | -0.4% | £89,290 |
| April 2011 | -2.5% | £89,621 |
| April 2010 | 1% | £91,950 |
| April 2009 | -14.6% | £91,002 |
| April 2008 | -2.2% | £106,563 |
| April 2007 | 0% | £108,989 |
The current average rental value in the postcode is £610.
The PE11 2EG Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £610pcm |
| April 2025 | 3.8% | £583pcm |
| April 2024 | 5.4% | £562pcm |
| April 2023 | 5.8% | £533pcm |
| April 2022 | 5.2% | £504pcm |
| April 2021 | 3.2% | £479pcm |
| April 2020 | 0% | £464pcm |
| April 2019 | 0.2% | £464pcm |
| April 2018 | -0.8% | £463pcm |
| April 2017 | 1.5% | £466pcm |
| April 2016 | 2.1% | £459pcm |
| April 2015 | 2.6% | £450pcm |
| April 2014 | 0.6% | £439pcm |
| April 2013 | 1.8% | £436pcm |
| April 2012 | -0.1% | £428pcm |
| April 2011 | 1.9% | £429pcm |
| April 2010 | 0% | £421pcm |
| April 2009 | -6.5% | £421pcm |
| April 2008 | 5.5% | £450pcm |
| April 2007 | 0% | £426pcm |
The last sale was on 8th October 2021 for £120,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 21 sales since 1995.
PE11 2EG has seen no sales in the last three years and no sales in the last twelve months.
PE11 2EG is the 730th largest and the 112th most expensive postcode out of the 1,224 postcodes in the PE11 area.
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The closest station to PE11 2EG is Spalding station which is 1.1 kilometres away.
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