Commercial Road - PE11 2HE
Key Postcode Insights
PE11 2HE is a residential postcode situated on Commercial Road, Spalding, PE11 with 14 addresses.
It ranks as the 625th largest and 218th 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 14 properties: 14 houses.
- Ave. Sale Price
- £168,955
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £923pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
PE11 2HE is a residential postcode situated on Commercial Road, Spalding, PE11 with 14 addresses.
It ranks as the 625th largest and 218th 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 14 properties: 14 houses.
- Ave. Sale Price
- £168,955
- 10 Year change
- up 31.2%
- Ave. Rental Price
- £923pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin PE11 2HE
- 59 Commercial Road
3 Bed Early-century House
- 60 Commercial Road
3 Bed Early-century House
- 62 Commercial Road
3 Bed Mid-century House
- 68 Commercial Road
3 Bed Mid-century House
- 70 Commercial Road
3 Bed Modern House
Sales Market Trends
The last sale in PE11 2HE sold for £165,000 on 6th June 2025. Since then prices are down an average of 2.0%.
The current average value in the postcode is £168,955.
The PE11 2HE Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £168,955 |
| June 2025 | 3.2% | £173,129 |
| June 2024 | -5.3% | £167,812 |
| June 2023 | -0.5% | £177,148 |
| June 2022 | 14.3% | £178,098 |
| June 2021 | 5.4% | £155,824 |
| June 2020 | 3% | £147,863 |
| June 2019 | 3.4% | £143,496 |
| June 2018 | 2.5% | £138,843 |
| June 2017 | 5.1% | £135,432 |
| June 2016 | 7.3% | £128,804 |
| June 2015 | 6.4% | £120,036 |
| June 2014 | 5.8% | £112,851 |
| June 2013 | 0.7% | £106,693 |
| June 2012 | 2.6% | £105,976 |
| June 2011 | -3.2% | £103,297 |
| June 2010 | 5.5% | £106,754 |
| June 2009 | -14.3% | £101,178 |
| June 2008 | -4.9% | £118,083 |
| June 2007 | 0% | £124,148 |
Rental Market Trends
The current average rental value in the postcode is £923.
The PE11 2HE Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £923pcm |
| June 2025 | 3.9% | £894pcm |
| June 2024 | 3.6% | £860pcm |
| June 2023 | 8.2% | £830pcm |
| June 2022 | 9% | £767pcm |
| June 2021 | 2.6% | £704pcm |
| June 2020 | 0.9% | £686pcm |
| June 2019 | -0.5% | £680pcm |
| June 2018 | 1.4% | £683pcm |
| June 2017 | 3.3% | £674pcm |
| June 2016 | 3.3% | £653pcm |
| June 2015 | 3.4% | £631pcm |
| June 2014 | 3.7% | £611pcm |
| June 2013 | 1.4% | £589pcm |
| June 2012 | 0.1% | £581pcm |
| June 2011 | 3.7% | £581pcm |
| June 2010 | 2.8% | £560pcm |
| June 2009 | -6.3% | £545pcm |
| June 2008 | 4.2% | £582pcm |
| June 2007 | 0% | £558pcm |
Sales History
The last sale was on 6th June 2025 for £165,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 14 sales since 1995.
PE11 2HE has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£165,000 | 3 Bed House62, Commercial Road, Spalding, PE11 2HE62, Commercial Road, Spalding, PE11 2HE
- Sold Mar 2025£90,000 | 2 Bed House78, Commercial Road, Spalding, PE11 2HE78, Commercial Road, Spalding, PE11 2HE
- Sold Aug 2024£190,000 | 3 Bed House68, Commercial Road, Spalding, PE11 2HE68, Commercial Road, Spalding, PE11 2HE
- Sold May 2015£97,000 | 2 Bed House78, Commercial Road, Spalding, PE11 2HE78, Commercial Road, Spalding, PE11 2HE
- Sold Apr 2011£93,000 | 3 Bed House70, Commercial Road, Spalding, PE11 2HE70, Commercial Road, Spalding, PE11 2HE
Nearby Postcodes
PE11 2HE is the 625th largest and the 218th most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 2YT, Barge Close, Spalding, PE11PE11 2YT21 Addresses|71 m away
- PE11 2ND, Linden Court, Spalding, PE11PE11 2ND15 Addresses|84 m away
- PE11 2BA, Albion Street, Spalding, PE11PE11 2BA13 Addresses|114 m away
- PE11 2LH, Rowan Avenue, Spalding, PE11PE11 2LH42 Addresses|117 m away
- PE11 2HD, Commercial Road, Spalding, PE11PE11 2HD11 Addresses|117 m away
Property Types
- 1 period house built between 1800 and 1911
- 6 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- period house (1)
- modern house (6)
- mid-century house (4)
- early-century house (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (10)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Mar 2023£195,000 | 3 Bed House24, Commercial Road, Spalding, PE11 2HA24, Commercial Road, Spalding, PE11 2HA
- Sold Aug 2024£190,000 | 3 Bed House68, Commercial Road, Spalding, PE11 2HE68, Commercial Road, Spalding, PE11 2HE
- Sold Feb 2022£170,000 | 3 Bed House17, Commercial Road, Spalding, PE11 2HA17, Commercial Road, Spalding, PE11 2HA
Schools Nearby
- St Paul's Community Primary and Nursery School, Spalding500 m away
- St Norbert's Catholic Voluntary Academy1.4 km away
- Spalding Parish Church of England Day School1.4 km away
- Spalding Academy900 m away
- Spalding High School1.1 km away
- Spalding Grammar School1.4 km away
More reading links
Public Transport Nearby
The closest station to PE11 2HE is Spalding station, which is 1.2 kilometres away.
- Spalding|1.2 km away
- Swineshead|19.9 km away
- Hubberts Bridge|20.4 km away
- Boston|21.8 km away