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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE11 2FYHouse Prices / East Midlands, South Holland, Drake Close
Last updated May 2026
Key Postcode Insights
PE11 2FY is a residential postcode situated on Drake Close, Spalding, PE11 with 5 addresses.
It ranks as the 212th largest and 564th most expensive of the 1,224 postcodes in the PE11 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
5
Properties
- Houses
Key Postcode Insights
PE11 2FY is a residential postcode situated on Drake Close, Spalding, PE11 with 5 addresses.
It ranks as the 212th largest and 564th most expensive of the 1,224 postcodes in the PE11 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
5
Properties
- Houses
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House Pricesin PE11 2FY
Sale prices range from £170,170 for 2 bedroom freehold houses with a garden (548 ft2) to £294,934 for 4 bedroom freehold houses with a garden (1,474 ft2) .
Monthly rental prices range from £768 pcm for 2 bed houses to £1,196 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 5.5%.
The average value per square foot is £260.
Average Sale Value
£215,304
Average Rental Value
£942 pcm
Average Rental Yield
5.3% /year
Average Value Per Sqft
£260 /ft2
Sales Market Trendsin PE11 2FY
The last sale in PE11 2FY sold for £218,500 on 26th February 2016. Since then prices are up an average of 31.9%.
The current average value in the postcode is £215,304.
The PE11 2FY Sales Market has increased by 30.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.6% | £215,304 |
| April 2025 | 2.2% | £225,618 |
| April 2024 | -5.8% | £220,758 |
| April 2023 | 2% | £234,310 |
| April 2022 | 15.4% | £229,719 |
| April 2021 | 4.2% | £199,013 |
| April 2020 | 2.4% | £191,052 |
| April 2019 | 4.4% | £186,558 |
| April 2018 | 1.4% | £178,678 |
| April 2017 | 6.6% | £176,168 |
| April 2016 | 7.5% | £165,296 |
| April 2015 | 5.4% | £153,812 |
| April 2014 | 5.8% | £145,953 |
| April 2013 | 2.9% | £137,947 |
| April 2012 | -0.1% | £134,082 |
| April 2011 | -3.3% | £134,161 |
| April 2010 | 4.1% | £138,767 |
| April 2009 | -14.1% | £133,344 |
| April 2008 | -1.7% | £155,295 |
| April 2007 | 0% | £157,982 |
Rental Market Trendsin PE11 2FY
The current average rental value in the postcode is £942.
The PE11 2FY Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £942pcm |
| April 2025 | 4.4% | £914pcm |
| April 2024 | 5.2% | £876pcm |
| April 2023 | 8% | £832pcm |
| April 2022 | 7.8% | £771pcm |
| April 2021 | 5.1% | £715pcm |
| April 2020 | 0.4% | £680pcm |
| April 2019 | 1% | £677pcm |
| April 2018 | 0.7% | £671pcm |
| April 2017 | 4.3% | £666pcm |
| April 2016 | 3.3% | £638pcm |
| April 2015 | 3.8% | £618pcm |
| April 2014 | 2.3% | £595pcm |
| April 2013 | 3.9% | £581pcm |
| April 2012 | 0.2% | £560pcm |
| April 2011 | 1.1% | £559pcm |
| April 2010 | 3% | £553pcm |
| April 2009 | -5.9% | £537pcm |
| April 2008 | 6.1% | £570pcm |
| April 2007 | 0% | £538pcm |
Explore Propertiesin PE11 2FY, Drake Close, Spalding, PE11
Sales Historyin PE11 2FY
The last sale was on 26th February 2016 for £218,500 and since then the market in the area has increased by 31.9%. The postcode has had a total of 7 sales since 1995.
PE11 2FY has seen no sales in the last three years and no sales in the last twelve months.
Sold Feb 2016£218,500 | 4 Bed HouseDrake Close2, Drake Close, Spalding, PE11 2FY
Sold Jun 2014£134,995 | 3 Bed HouseDrake Close3, Drake Close, Spalding, PE11 2FY
Sold May 2004£135,000 | 3 Bed HouseDrake Close5, Drake Close, Spalding, PE11 2FY
Sold Dec 2002£124,950 | 2 Bed HouseDrake Close4, Drake Close, Spalding, PE11 2FY
Sold Jul 2002£123,950 | 4 Bed HouseDrake Close2, Drake Close, Spalding, PE11 2FY
Sold May 2002£79,950 | 3 Bed HouseDrake Close1, Drake Close, Spalding, PE11 2FY
Sold May 2002£89,950 | 3 Bed HouseDrake Close3, Drake Close, Spalding, PE11 2FY
Nearby Postcodesto PE11 2FY
PE11 2FY is the 212th largest and the 564th most expensive postcode out of the 1,224 postcodes in the PE11 area.
- 71 mPE11 2FW, Henson Close, Spalding, PE11PE11 2FW12 Addresses
- 77 mPE11 2SS, Holborn Road, Spalding, PE11PE11 2SS35 Addresses
- 86 mPE11 2FS, Livingstone Drive, Spalding, PE11PE11 2FS29 Addresses
- 89 mPE11 2GE, Burton Road, Spalding, PE11PE11 2GE23 Addresses
- 94 mPE11 2FG, Magellan Way, Spalding, PE11PE11 2FG8 Addresses
- 141 mPE11 2GG, Hillary Close, Spalding, PE11PE11 2GG6 Addresses
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Property Typesin PE11 2FY
- 3 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (3)
- Unknown (2)
Energy Efficiencyof properties in PE11 2FY
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
Schools Nearbyto PE11 2FY
The nearest primary school to PE11 2FY is The Spalding St John the Baptist Church of England Primary School which is 300 metres away.
- 300mThe Spalding St John the Baptist Church of England Primary School
- 1.1kmMonkshouse Primary Academy
- 1.1kmSt Norbert's Catholic Voluntary Academy
The nearest secondary school is Spalding Grammar School which is 773 metres away.
- 773mSpalding Grammar School
- 1.4kmSpalding High School
- 1.8kmSpalding Academy
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Public Transport Nearbyto PE11 2FY
The closest station to PE11 2FY is Spalding station which is 1.1 kilometres away.
- 1.1kmSpalding
- 21.3kmSwineshead
- 22.1kmHubberts Bridge
- 23.5kmPeterborough
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