Water Gate - PE11 4PY
Key Postcode Insights
PE11 4PY is a residential postcode situated on Water Gate, Quadring, Spalding, PE11 with 45 addresses.
It ranks as the 1140th largest and 781st most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 45 properties: 45 houses.
- Ave. Sale Price
- £260,339
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £1,177pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
PE11 4PY is a residential postcode situated on Water Gate, Quadring, Spalding, PE11 with 45 addresses.
It ranks as the 1140th largest and 781st most expensive of the 1,224 postcodes in the PE11 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 45 properties: 45 houses.
- Ave. Sale Price
- £260,339
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £1,177pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin PE11 4PY
- Church View
3 Bed Mid-century House
- Mill House
3 Bed Period House
- Ourholme
House
- 2 Water Gate
House
- 3 Water Gate
4 Bed Mid-century House
Sales Market Trends
The last sale in PE11 4PY sold for £220,000 on 19th December 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £260,339.
The PE11 4PY Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £260,339 |
| June 2025 | 2.9% | £271,767 |
| June 2024 | -5% | £264,040 |
| June 2023 | 0.2% | £277,862 |
| June 2022 | 14.1% | £277,265 |
| June 2021 | 7.8% | £243,098 |
| June 2020 | 2.3% | £225,567 |
| June 2019 | 2.7% | £220,547 |
| June 2018 | 2.9% | £214,651 |
| June 2017 | 7.5% | £208,514 |
| June 2016 | 6.4% | £194,042 |
| June 2015 | 3% | £182,411 |
| June 2014 | 7.9% | £177,033 |
| June 2013 | 0.4% | £164,109 |
| June 2012 | 0.9% | £163,390 |
| June 2011 | -1.2% | £161,857 |
| June 2010 | 6% | £163,834 |
| June 2009 | -9.8% | £154,557 |
| June 2008 | -3.9% | £171,429 |
| June 2007 | 0% | £178,316 |
Rental Market Trends
The current average rental value in the postcode is £1,177.
The PE11 4PY Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,177pcm |
| June 2025 | 3.7% | £1,155pcm |
| June 2024 | 3.4% | £1,114pcm |
| June 2023 | 8.3% | £1,077pcm |
| June 2022 | 9.1% | £994pcm |
| June 2021 | 3.4% | £911pcm |
| June 2020 | 0.7% | £881pcm |
| June 2019 | 0.2% | £875pcm |
| June 2018 | 1.6% | £873pcm |
| June 2017 | 4.2% | £859pcm |
| June 2016 | 3.4% | £825pcm |
| June 2015 | 3.5% | £798pcm |
| June 2014 | 2.9% | £771pcm |
| June 2013 | 1.5% | £749pcm |
| June 2012 | 0.1% | £738pcm |
| June 2011 | 4% | £737pcm |
| June 2010 | 4.9% | £709pcm |
| June 2009 | -3.8% | £676pcm |
| June 2008 | 3.5% | £702pcm |
| June 2007 | 0% | £679pcm |
Sales History
The last sale was on 19th December 2025 for £220,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 70 sales since 1995.
PE11 4PY has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£220,000 | 3 Bed House29, Water Gate, Spalding, PE11 4PY29, Water Gate, Spalding, PE11 4PY
- Sold Jun 2025£335,000 | 4 Bed House45, Water Gate, Spalding, PE11 4PY45, Water Gate, Spalding, PE11 4PY
- Sold Feb 2025£220,000 | 3 Bed House24, Water Gate, Spalding, PE11 4PY24, Water Gate, Spalding, PE11 4PY
- Sold Oct 2024£165,000 | 3 Bed House17, Water Gate, Spalding, PE11 4PY17, Water Gate, Spalding, PE11 4PY
- Sold Dec 2022£315,000 | 4 Bed House14, Water Gate, Spalding, PE11 4PY14, Water Gate, Spalding, PE11 4PY
Nearby Postcodes
PE11 4PY is the 1140th largest and the 781st most expensive postcode out of the 1,224 postcodes in the PE11 area.
- PE11 4FD, Clarke Close, Quadring, Spalding, PE11PE11 4FD4 Addresses|102 m away
- PE11 4RR, Bluebell Road, Quadring, Spalding, PE11PE11 4RR18 Addresses|106 m away
- PE11 4PQ, Charlotte Walk, Quadring, Spalding, PE11PE11 4PQ19 Addresses|170 m away
- PE11 4GN, Nursery Lane, Quadring, Spalding, PE11PE11 4GN8 Addresses|179 m away
- PE11 4PR, St. Margarets, Quadring, Spalding, PE11PE11 4PR35 Addresses|209 m away
Property Types
- 12 period houses built between 1800 and 1911
- 10 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 17 other addresses of unknown type
- period house (12)
- modern house (10)
- mid-century house (5)
- house (1)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (2)
- F (2)
- C (5)
- G (0)
- D (9)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Apr 2022£350,000 | 4 Bed House3, Water Gate, Spalding, PE11 4PY3, Water Gate, Spalding, PE11 4PY
- Sold Jun 2025£335,000 | 4 Bed House45, Water Gate, Spalding, PE11 4PY45, Water Gate, Spalding, PE11 4PY
- Sold Sep 2018£330,000 | 4 Bed House62, Water Gate, Spalding, PE11 4PY62, Water Gate, Spalding, PE11 4PY
Schools Nearby
- Quadring Cowley & Brown's Primary School800 m away
- Gosberton Academy2.5 km away
- The Donington Cowley Endowed Primary School2.6 km away
- Cowley Academy2.8 km away
- Thomas Middlecott Academy9.1 km away
- Spalding Academy11.2 km away
More reading links
Public Transport Nearby
The closest station to PE11 4PY is Swineshead station, which is 9.6 kilometres away.
- Swineshead|9.6 km away
- Spalding|10.6 km away
- Hubberts Bridge|11.2 km away
- Heckington|13.0 km away
