Magellan Way - PE11 2FG
Key Postcode Insights
PE11 2FG is a residential postcode situated on Magellan Way, Spalding, PE11 with 8 addresses.
It ranks as the 366th largest and 791st most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £245,608
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,020pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
PE11 2FG is a residential postcode situated on Magellan Way, Spalding, PE11 with 8 addresses.
It ranks as the 366th largest and 791st most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £245,608
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,020pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin PE11 2FG
- 1 Magellan Way
3 Bed Modern House
- 3 Magellan Way
House
- 19 Magellan Way
3 Bed House
- 21 Magellan Way
2 Bed Modern House
- 23 Magellan Way
3 Bed Modern House
Sales Market Trends
The last sale in PE11 2FG sold for £265,000 on 25th January 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £245,608.
The PE11 2FG Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £245,608 |
| June 2025 | 3% | £253,829 |
| June 2024 | -5.3% | £246,463 |
| June 2023 | -0.4% | £260,207 |
| June 2022 | 14.4% | £261,383 |
| June 2021 | 5.6% | £228,539 |
| June 2020 | 2.9% | £216,438 |
| June 2019 | 3.6% | £210,284 |
| June 2018 | 2.7% | £202,946 |
| June 2017 | 5.5% | £197,622 |
| June 2016 | 7.3% | £187,246 |
| June 2015 | 6.4% | £174,470 |
| June 2014 | 5.6% | £164,032 |
| June 2013 | 0.8% | £155,369 |
| June 2012 | 2.6% | £154,160 |
| June 2011 | -3.1% | £150,300 |
| June 2010 | 6% | £155,093 |
| June 2009 | -13.4% | £146,276 |
| June 2008 | -5% | £168,982 |
| June 2007 | 0% | £177,934 |
Rental Market Trends
The current average rental value in the postcode is £1,020.
The PE11 2FG Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,020pcm |
| June 2025 | 3.7% | £997pcm |
| June 2024 | 3.6% | £961pcm |
| June 2023 | 8.3% | £928pcm |
| June 2022 | 9.1% | £856pcm |
| June 2021 | 2.8% | £785pcm |
| June 2020 | 0.8% | £764pcm |
| June 2019 | -0.3% | £758pcm |
| June 2018 | 1.6% | £760pcm |
| June 2017 | 3.7% | £748pcm |
| June 2016 | 3.4% | £722pcm |
| June 2015 | 3.4% | £698pcm |
| June 2014 | 3.5% | £675pcm |
| June 2013 | 1.5% | £652pcm |
| June 2012 | 0% | £643pcm |
| June 2011 | 3.9% | £643pcm |
| June 2010 | 3.3% | £619pcm |
| June 2009 | -5.4% | £599pcm |
| June 2008 | 4.1% | £633pcm |
| June 2007 | 0% | £608pcm |
Sales History
The last sale was on 25th January 2024 for £265,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 22 sales since 1995.
PE11 2FG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2024£265,000 | 3 Bed House29, Magellan Way, Spalding, PE11 2FG29, Magellan Way, Spalding, PE11 2FG
- Sold Sep 2021£260,000 | 3 Bed House27, Magellan Way, Spalding, PE11 2FG27, Magellan Way, Spalding, PE11 2FG
- Sold Aug 2021£216,500 | 3 Bed House1, Magellan Way, Spalding, PE11 2FG1, Magellan Way, Spalding, PE11 2FG
- Sold Aug 2020£209,000 | 3 Bed House23, Magellan Way, Spalding, PE11 2FG23, Magellan Way, Spalding, PE11 2FG
- Sold Oct 2017£210,000 | 3 Bed House27, Magellan Way, Spalding, PE11 2FG27, Magellan Way, Spalding, PE11 2FG
Nearby Postcodes
PE11 2FG is the 366th largest and the 791st most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 2FH, Magellan Way, Spalding, PE11PE11 2FH13 Addresses|73 m away
- PE11 2FW, Henson Close, Spalding, PE11PE11 2FW12 Addresses|80 m away
- PE11 2FP, Cook Drive, Spalding, PE11PE11 2FP14 Addresses|86 m away
- PE11 2FS, Livingstone Drive, Spalding, PE11PE11 2FS29 Addresses|88 m away
- PE11 2FY, Drake Close, Spalding, PE11PE11 2FY5 Addresses|94 m away
Property Types
- 6 modern houses built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (6)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2024£362,500 | 4 Bed House24, Magellan Way, Spalding, PE11 2FH24, Magellan Way, Spalding, PE11 2FH
- Sold Feb 2024£340,000 | 4 Bed House8, Magellan Way, Spalding, PE11 2FH8, Magellan Way, Spalding, PE11 2FH
- Sold Sep 2020£305,000 | 4 Bed House8, Magellan Way, Spalding, PE11 2FH8, Magellan Way, Spalding, PE11 2FH
Schools Nearby
- The Spalding St John the Baptist Church of England Primary School400 m away
- St Norbert's Catholic Voluntary Academy1.0 km away
- Spalding Parish Church of England Day School1.1 km away
- Spalding Grammar School700 m away
- Spalding High School1.3 km away
- Spalding Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to PE11 2FG is Spalding station, which is 1.1 kilometres away.
- Spalding|1.1 km away
- Swineshead|21.2 km away
- Hubberts Bridge|22.1 km away
- Peterborough|23.5 km away
