Magellan Way - PE11 2FH
Key Postcode Insights
PE11 2FH is a residential postcode situated on Magellan Way, Spalding, PE11 with 13 addresses.
It ranks as the 589th largest and 973rd 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 13 properties: 13 houses.
- Ave. Sale Price
- £290,435
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,069pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
PE11 2FH is a residential postcode situated on Magellan Way, Spalding, PE11 with 13 addresses.
It ranks as the 589th largest and 973rd 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 13 properties: 13 houses.
- Ave. Sale Price
- £290,435
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £1,069pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £238/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin PE11 2FH
- 2 Magellan Way
House
- 4 Magellan Way
House
- 6 Magellan Way
House
- 8 Magellan Way
4 Bed Modern House
- 10 Magellan Way
3 Bed Modern House
Sales Market Trends
The last sale in PE11 2FH sold for £272,000 on 8th December 2025. Since then prices have on average remained the same.
The current average value in the postcode is £290,435.
The PE11 2FH Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £290,435 |
| June 2025 | 2.9% | £301,432 |
| June 2024 | -5.2% | £292,971 |
| June 2023 | -0.4% | £309,197 |
| June 2022 | 14.4% | £310,482 |
| June 2021 | 5.7% | £271,432 |
| June 2020 | 2.9% | £256,821 |
| June 2019 | 3.7% | £249,693 |
| June 2018 | 2.8% | £240,721 |
| June 2017 | 5.7% | £234,168 |
| June 2016 | 7.3% | £221,445 |
| June 2015 | 6.3% | £206,331 |
| June 2014 | 5.5% | £194,022 |
| June 2013 | 0.9% | £183,926 |
| June 2012 | 2.6% | £182,370 |
| June 2011 | -3% | £177,819 |
| June 2010 | 6.2% | £183,389 |
| June 2009 | -13% | £172,657 |
| June 2008 | -5.1% | £198,477 |
| June 2007 | 0% | £209,145 |
Rental Market Trends
The current average rental value in the postcode is £1,069.
The PE11 2FH Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,069pcm |
| June 2025 | 3.6% | £1,049pcm |
| June 2024 | 3.6% | £1,012pcm |
| June 2023 | 8.4% | £976pcm |
| June 2022 | 9.1% | £901pcm |
| June 2021 | 2.9% | £826pcm |
| June 2020 | 0.7% | £803pcm |
| June 2019 | -0.2% | £797pcm |
| June 2018 | 1.7% | £799pcm |
| June 2017 | 3.9% | £786pcm |
| June 2016 | 3.4% | £756pcm |
| June 2015 | 3.4% | £731pcm |
| June 2014 | 3.4% | £707pcm |
| June 2013 | 1.5% | £684pcm |
| June 2012 | 0% | £674pcm |
| June 2011 | 3.9% | £673pcm |
| June 2010 | 3.5% | £648pcm |
| June 2009 | -4.9% | £626pcm |
| June 2008 | 4% | £659pcm |
| June 2007 | 0% | £633pcm |
Sales History
The last sale was on 8th December 2025 for £272,000 and since then the market in the area has remained stable. The postcode has had a total of 22 sales since 1995.
PE11 2FH has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£272,000 | 3 Bed House14, Magellan Way, Spalding, PE11 2FH14, Magellan Way, Spalding, PE11 2FH
- 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 Oct 2023£245,000 | 3 Bed House10, Magellan Way, Spalding, PE11 2FH10, Magellan Way, Spalding, PE11 2FH
- Sold Sep 2020£305,000 | 4 Bed House8, Magellan Way, Spalding, PE11 2FH8, Magellan Way, Spalding, PE11 2FH
Nearby Postcodes
PE11 2FH is the 589th largest and the 973rd most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 2FL, Armstrong Road, Spalding, PE11PE11 2FL5 Addresses|51 m away
- PE11 2FE, Raleigh Court, Spalding, PE11PE11 2FE8 Addresses|54 m away
- PE11 2FP, Cook Drive, Spalding, PE11PE11 2FP14 Addresses|69 m away
- PE11 2FG, Magellan Way, Spalding, PE11PE11 2FG8 Addresses|73 m away
- PE11 2FD, Shackleton Close, Spalding, PE11PE11 2FD7 Addresses|90 m away
Property Types
- 6 modern houses built after 1980
- 7 other addresses of unknown type
- modern house (6)
- Unknown (7)
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 (7)
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 School600 m away
- Spalding High School1.2 km away
- Spalding Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to PE11 2FH is Spalding station, which is 1.1 kilometres away.
- Spalding|1.1 km away
- Swineshead|21.3 km away
- Hubberts Bridge|22.1 km away
- Peterborough|23.5 km away
