Severn Road - PE11 2JU
Key Postcode Insights
PE11 2JU is a residential postcode situated on Severn Road, Spalding, PE11 with 20 addresses.
It ranks as the 806th largest and 68th most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 9 houses and 11 flats.
- Ave. Sale Price
- £119,475
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £598pcm
- 10 Year change
- up 33.9%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
PE11 2JU is a residential postcode situated on Severn Road, Spalding, PE11 with 20 addresses.
It ranks as the 806th largest and 68th most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 9 houses and 11 flats.
- Ave. Sale Price
- £119,475
- 10 Year change
- up 24.3%
- Ave. Rental Price
- £598pcm
- 10 Year change
- up 33.9%
- Ave. £ per ft²
- £141/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin PE11 2JU
- 1 Severn Road
2 Bed Mid-century House
- 2 Severn Road
2 Bed Mid-century Flat
- 3 Severn Road
2 Bed Mid-century House
- 4 Severn Road
2 Bed Mid-century Flat
- 5 Severn Road
2 Bed Mid-century House
Sales Market Trends
The last sale in PE11 2JU sold for £101,000 on 13th June 2022. Since then prices are down an average of 5.8%.
The current average value in the postcode is £119,475.
The PE11 2JU Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £119,475 |
| June 2025 | 2.6% | £121,976 |
| June 2024 | -5.1% | £118,927 |
| June 2023 | -1.1% | £125,311 |
| June 2022 | 13% | £126,717 |
| June 2021 | 4.1% | £112,101 |
| June 2020 | 2.8% | £107,731 |
| June 2019 | 3% | £104,829 |
| June 2018 | 1.9% | £101,733 |
| June 2017 | 3.9% | £99,866 |
| June 2016 | 6.4% | £96,151 |
| June 2015 | 5.9% | £90,347 |
| June 2014 | 5% | £85,319 |
| June 2013 | 0.2% | £81,270 |
| June 2012 | 2.1% | £81,112 |
| June 2011 | -3.5% | £79,440 |
| June 2010 | 4.5% | £82,308 |
| June 2009 | -14.6% | £78,771 |
| June 2008 | -5.2% | £92,272 |
| June 2007 | 0% | £97,358 |
Rental Market Trends
The current average rental value in the postcode is £598.
The PE11 2JU Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £598pcm |
| June 2025 | 3.3% | £577pcm |
| June 2024 | 3.8% | £558pcm |
| June 2023 | 7.6% | £538pcm |
| June 2022 | 7.8% | £500pcm |
| June 2021 | 1.3% | £464pcm |
| June 2020 | 0.7% | £458pcm |
| June 2019 | -0.8% | £455pcm |
| June 2018 | 0.7% | £459pcm |
| June 2017 | 2.1% | £456pcm |
| June 2016 | 2.5% | £446pcm |
| June 2015 | 3% | £435pcm |
| June 2014 | 2.9% | £423pcm |
| June 2013 | 0.9% | £411pcm |
| June 2012 | -0.4% | £407pcm |
| June 2011 | 3.4% | £409pcm |
| June 2010 | 1.8% | £396pcm |
| June 2009 | -6.7% | £389pcm |
| June 2008 | 3.8% | £416pcm |
| June 2007 | 0% | £401pcm |
Sales History
The last sale was on 13th June 2022 for £101,000 and since then the market in the area has decreased by 5.8%. The postcode has had a total of 6 sales since 1995.
PE11 2JU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£101,000 | 2 Bed Flat24, Severn Road, Spalding, PE11 2JU24, Severn Road, Spalding, PE11 2JU
- Sold Dec 2010£82,000 | 2 Bed Flat24, Severn Road, Spalding, PE11 2JU24, Severn Road, Spalding, PE11 2JU
- Sold Aug 2007£47,300 | 2 Bed House8, Severn Road, Spalding, PE11 2JU8, Severn Road, Spalding, PE11 2JU
- Sold Jan 2004£40,350 | 2 Bed Flat16, Severn Road, Spalding, PE11 2JU16, Severn Road, Spalding, PE11 2JU
- Sold Nov 2000£40,000 | 2 Bed Flat24, Severn Road, Spalding, PE11 2JU24, Severn Road, Spalding, PE11 2JU
Nearby Postcodes
PE11 2JU is the 806th largest and the 68th most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 2GY, Telford Court, Spalding, PE11PE11 2GY16 Addresses|73 m away
- PE11 2JW, Wensum Close, Spalding, PE11PE11 2JW6 Addresses|74 m away
- PE11 2JT, Tongue End, Spalding, PE11PE11 2JT35 Addresses|79 m away
- PE11 2JY, Severn Road, Spalding, PE11PE11 2JY20 Addresses|97 m away
- PE11 2JX, Severn Road, Spalding, PE11PE11 2JX23 Addresses|102 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- mid-century house (8)
- mid-century flat (10)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (15)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Oct 2024£145,000 | 3 Bed House70, Severn Road, Spalding, PE11 2JZ70, Severn Road, Spalding, PE11 2JZ
- Sold Oct 2018£128,000 | 3 Bed House74, Severn Road, Spalding, PE11 2JZ74, Severn Road, Spalding, PE11 2JZ
- Sold Oct 2015£110,000 | 2 Bed Flat28, Severn Road, Spalding, PE11 2JY28, Severn Road, Spalding, PE11 2JY
Schools Nearby
- St Paul's Community Primary and Nursery School, Spalding200 m away
- Spalding Parish Church of England Day School1.5 km away
- St Norbert's Catholic Voluntary Academy1.9 km away
- Spalding Academy800 m away
- Spalding High School1.2 km away
- Spalding Grammar School1.6 km away
More reading links
Public Transport Nearby
The closest station to PE11 2JU is Spalding station, which is 1.6 kilometres away.
- Spalding|1.6 km away
- Swineshead|20.1 km away
- Hubberts Bridge|20.5 km away
- Boston|21.8 km away