PE11 2TP is a residential postcode situated on London Road, Spalding, PE11 with 8 addresses.
It ranks as the 373rd largest and 123rd most expensive of the 1,224 postcodes in the PE11 area.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
PE11 2TP is a residential postcode situated on London Road, Spalding, PE11 with 8 addresses.
It ranks as the 373rd largest and 123rd most expensive of the 1,224 postcodes in the PE11 area.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
Sale prices range from £71,200 for 1 bedroom Leasehold flats (462 ft2) to £319,781 for 5 bedroom freehold houses with a garden (2,411 ft2) .
Monthly rental prices range from £439 pcm for 1 bed flats to £1,542 pcm for 5 bed houses.
The gross rental yield is between 5.6% and 7.4%.
The average value per square foot is £150.
The last sale in PE11 2TP sold for £162,500 on 26th April 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £160,153.
The PE11 2TP Sales Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.8% | £160,153 |
| April 2025 | 1.8% | £168,205 |
| April 2024 | -5.6% | £165,289 |
| April 2023 | 1.3% | £175,176 |
| April 2022 | 14.9% | £172,879 |
| April 2021 | 3.7% | £150,466 |
| April 2020 | 2.2% | £145,034 |
| April 2019 | 4.3% | £141,849 |
| April 2018 | 1% | £136,020 |
| April 2017 | 5.8% | £134,678 |
| April 2016 | 7.2% | £127,257 |
| April 2015 | 4.8% | £118,725 |
| April 2014 | 5.2% | £113,245 |
| April 2013 | 2.3% | £107,648 |
| April 2012 | -0.1% | £105,242 |
| April 2011 | -3% | £105,339 |
| April 2010 | 3.2% | £108,555 |
| April 2009 | -13.9% | £105,178 |
| April 2008 | -1.7% | £122,223 |
| April 2007 | 0% | £124,394 |
The current average rental value in the postcode is £830.
The PE11 2TP Rental Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £830pcm |
| April 2025 | 3.9% | £808pcm |
| April 2024 | 5.4% | £777pcm |
| April 2023 | 7.2% | £737pcm |
| April 2022 | 7.3% | £688pcm |
| April 2021 | 4.7% | £641pcm |
| April 2020 | 0.3% | £612pcm |
| April 2019 | 0.9% | £610pcm |
| April 2018 | 0.3% | £605pcm |
| April 2017 | 3.5% | £603pcm |
| April 2016 | 3.1% | £582pcm |
| April 2015 | 3.3% | £565pcm |
| April 2014 | 1.8% | £547pcm |
| April 2013 | 3.3% | £538pcm |
| April 2012 | 0.2% | £521pcm |
| April 2011 | 1.4% | £520pcm |
| April 2010 | 2.2% | £512pcm |
| April 2009 | -5.7% | £501pcm |
| April 2008 | 6.1% | £532pcm |
| April 2007 | 0% | £502pcm |
The last sale was on 26th April 2024 for £162,500 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 12 sales since 1995.
PE11 2TP has seen 1 sale in the last three years and no sales in the last twelve months.
PE11 2TP is the 373rd largest and the 123rd most expensive postcode out of the 1,224 postcodes in the PE11 area.
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The closest station to PE11 2TP is Spalding station which is 1.4 kilometres away.
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