Main Road - PE23 4BE
Key Postcode Insights
PE23 4BE is a residential postcode situated on Main Road, West Keal, Spilsby, PE23 with 51 addresses.
It ranks as the 734th largest and 414th most expensive of the 750 postcodes in the PE23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 51 properties: 51 houses.
- Ave. Sale Price
- £280,419
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £1,095pcm
- 10 Year change
- up 54.1%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
PE23 4BE is a residential postcode situated on Main Road, West Keal, Spilsby, PE23 with 51 addresses.
It ranks as the 734th largest and 414th most expensive of the 750 postcodes in the PE23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 51 properties: 51 houses.
- Ave. Sale Price
- £280,419
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £1,095pcm
- 10 Year change
- up 54.1%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin PE23 4BE
- Appledore
3 Bed Mid-century House
- Ashbrook
3 Bed Modern House
- Bethesda
4 Bed Mid-century House
- Bumbles
3 Bed Mid-century House
- Corner Cottage
3 Bed Period House
Sales Market Trends
The last sale in PE23 4BE sold for £312,500 on 5th September 2025. Since then prices are down an average of 1.4%.
The current average value in the postcode is £280,419.
The PE23 4BE Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £280,419 |
| June 2025 | -3.1% | £289,167 |
| June 2024 | -1.2% | £298,538 |
| June 2023 | 0.8% | £302,178 |
| June 2022 | 14.5% | £299,766 |
| June 2021 | 9% | £261,695 |
| June 2020 | -0.2% | £240,114 |
| June 2019 | 2.8% | £240,545 |
| June 2018 | 2.9% | £233,974 |
| June 2017 | 6.7% | £227,322 |
| June 2016 | 6.8% | £213,073 |
| June 2015 | 2.4% | £199,590 |
| June 2014 | 2.8% | £195,006 |
| June 2013 | 2.6% | £189,786 |
| June 2012 | 0.2% | £184,976 |
| June 2011 | 0.1% | £184,544 |
| June 2010 | 1.1% | £184,306 |
| June 2009 | -8.7% | £182,323 |
| June 2008 | -1.2% | £199,758 |
| June 2007 | 0% | £202,151 |
Rental Market Trends
The current average rental value in the postcode is £1,095.
The PE23 4BE Rental Market has increased by 54.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,095pcm |
| June 2025 | 5.7% | £1,063pcm |
| June 2024 | 5% | £1,006pcm |
| June 2023 | 8% | £958pcm |
| June 2022 | 7.1% | £887pcm |
| June 2021 | 7.7% | £829pcm |
| June 2020 | 3.1% | £769pcm |
| June 2019 | 0.9% | £746pcm |
| June 2018 | 1.7% | £740pcm |
| June 2017 | 2.4% | £728pcm |
| June 2016 | 3.7% | £711pcm |
| June 2015 | 3.6% | £685pcm |
| June 2014 | 2.6% | £662pcm |
| June 2013 | 2.3% | £645pcm |
| June 2012 | 0.6% | £630pcm |
| June 2011 | 0.9% | £627pcm |
| June 2010 | 5.7% | £621pcm |
| June 2009 | -4.6% | £588pcm |
| June 2008 | 3.5% | £616pcm |
| June 2007 | 0% | £596pcm |
Sales History
The last sale was on 5th September 2025 for £312,500 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 69 sales since 1995.
PE23 4BE has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£312,500 | 4 Bed HouseCroft House, Main Road, Spilsby, PE23 4BECroft House, Main Road, Spilsby, PE23 4BE
- Sold Dec 2024£187,500 | 3 Bed House2, Main Road, Spilsby, PE23 4BE2, Main Road, Spilsby, PE23 4BE
- Sold Sep 2024£375,000 | 3 Bed House4, Main Road, Spilsby, PE23 4BE4, Main Road, Spilsby, PE23 4BE
- Sold Mar 2023£220,000 | 2 Bed HouseFineview, Main Road, Spilsby, PE23 4BEFineview, Main Road, Spilsby, PE23 4BE
- Sold Oct 2021£343,000 | 4 Bed HouseTyrol, Main Road, Spilsby, PE23 4BETyrol, Main Road, Spilsby, PE23 4BE
Nearby Postcodes
PE23 4BE is the 734th largest and the 414th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 4BJ, Hall Lane, West Keal, Spilsby, PE23PE23 4BJ16 Addresses|261 m away
- PE23 4BG, Church Lane, West Keal, Spilsby, PE23PE23 4BG15 Addresses|483 m away
- PE23 4BD, Boston Road, West Keal, Spilsby, PE23PE23 4BD5 Addresses|571 m away
- PE23 4BF, Marden Hill, East Keal, Spilsby, PE23PE23 4BF1 Addresses|779 m away
- PE23 4EZ, West Keal, Spilsby, PE23PE23 4EZ4 Addresses|1.2 km away
Property Types
- 8 period houses built between 1800 and 1911
- 4 modern houses built after 1980
- 20 mid-century houses built between 1936 and 1979
- 19 other addresses of unknown type
- period house (8)
- modern house (4)
- mid-century house (20)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is D.
- A (0)
- E (10)
- B (1)
- F (3)
- C (5)
- G (1)
- D (12)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Dec 2020£375,000 | 4 Bed HouseViking Lodge, Main Road, Spilsby, PE23 4BEViking Lodge, Main Road, Spilsby, PE23 4BE
- Sold May 2021£375,000 | 4 Bed HouseThe Homestead, Main Road, Spilsby, PE23 4BEThe Homestead, Main Road, Spilsby, PE23 4BE
- Sold Sep 2024£375,000 | 3 Bed House4, Main Road, Spilsby, PE23 4BE4, Main Road, Spilsby, PE23 4BE
Schools Nearby
- Toynton All Saints Primary School2.9 km away
- Spilsby Primary School4.8 km away
- Halton Holegate CofE Primary School5.3 km away
- King Edward VI Academy4.7 km away
- William Lovell Church of England Academy6.8 km away
- The Banovallum School11.6 km away
More reading links
Public Transport Nearby
The closest station to PE23 4BE is Thorpe Culvert station, which is 11.0 kilometres away.
- Thorpe Culvert|11.0 km away
- Wainfleet|13.9 km away
- Havenhouse|16.0 km away
- Boston|19.5 km away
