Station Road - PE23 5BH
Key Postcode Insights
PE23 5BH is a residential postcode situated on Station Road, Little Steeping, Spilsby, PE23 with 24 addresses.
It ranks as the 617th largest and 446th most expensive of the 750 postcodes in the PE23 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 12 houses, 5 flats and 7 other properties.
- Ave. Sale Price
- £298,894
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,078pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
PE23 5BH is a residential postcode situated on Station Road, Little Steeping, Spilsby, PE23 with 24 addresses.
It ranks as the 617th largest and 446th most expensive of the 750 postcodes in the PE23 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 12 houses, 5 flats and 7 other properties.
- Ave. Sale Price
- £298,894
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £1,078pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Properties in PE23 5BH
- Cherry Holt
House
- Council House
Mid-century Building | 5 Units
- Eastwick
4 Bed House
- Fair View
House
- Glebe Farm
3 Bed Modern House
Sales Market Trends
The last sale in PE23 5BH sold for £497,000 on 30th November 2023. Since then prices are down an average of 5.7%.
The current average value in the postcode is £298,894.
The PE23 5BH Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £298,894 |
| June 2025 | -2.2% | £308,595 |
| June 2024 | -1.6% | £315,612 |
| June 2023 | 1.2% | £320,779 |
| June 2022 | 13.9% | £316,995 |
| June 2021 | 8.6% | £278,237 |
| June 2020 | 1.1% | £256,101 |
| June 2019 | 3.3% | £253,321 |
| June 2018 | 3.3% | £245,250 |
| June 2017 | 6% | £237,354 |
| June 2016 | 3.8% | £223,885 |
| June 2015 | 4.3% | £215,750 |
| June 2014 | 3.8% | £206,859 |
| June 2013 | 0% | £199,324 |
| June 2012 | 0.5% | £199,325 |
| June 2011 | -2.3% | £198,350 |
| June 2010 | 1.5% | £202,985 |
| June 2009 | -8.5% | £200,025 |
| June 2008 | -1.8% | £218,591 |
| June 2007 | 0% | £222,711 |
Rental Market Trends
The current average rental value in the postcode is £1,078.
The PE23 5BH Rental Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,078pcm |
| June 2025 | 4.9% | £1,045pcm |
| June 2024 | 4% | £997pcm |
| June 2023 | 5.7% | £958pcm |
| June 2022 | 7.6% | £906pcm |
| June 2021 | 4.7% | £842pcm |
| June 2020 | 1.2% | £805pcm |
| June 2019 | 0.1% | £795pcm |
| June 2018 | 0.8% | £795pcm |
| June 2017 | 1.9% | £788pcm |
| June 2016 | 2.6% | £774pcm |
| June 2015 | 3% | £754pcm |
| June 2014 | 1.6% | £732pcm |
| June 2013 | 1% | £720pcm |
| June 2012 | 0.6% | £713pcm |
| June 2011 | 1% | £709pcm |
| June 2010 | 7.4% | £702pcm |
| June 2009 | -4.3% | £653pcm |
| June 2008 | 1.3% | £683pcm |
| June 2007 | 0% | £674pcm |
Sales History
The last recorded sale was on 30th November 2023 for £497,000 and since then the market in the area has decreased by 5.7%.
PE23 5BH has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2023£497,000 | 5 Bed HouseLongacre Lodge, Station Road, Spilsby, PE23 5BHLongacre Lodge, Station Road, Spilsby, PE23 5BH
- Sold Jul 2020£229,950 | 3 Bed HouseGlebe Farm, Station Road, Spilsby, PE23 5BHGlebe Farm, Station Road, Spilsby, PE23 5BH
- Sold Apr 2018£382,500 | 4 Bed HouseVenture, Station Road, Spilsby, PE23 5BHVenture, Station Road, Spilsby, PE23 5BH
Nearby Postcodes
PE23 5BH is the 617th largest and the 446th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5BQ, Station Road, Little Steeping, Spilsby, PE23PE23 5BQ23 Addresses|333 m away
- PE23 5BL, Little Steeping, Spilsby, PE23PE23 5BL25 Addresses|481 m away
- PE23 5BJ, Ings Lane, Little Steeping, Spilsby, PE23PE23 5BJ21 Addresses|487 m away
- PE23 5BW, Pinfold Lane, Halton Holegate, Spilsby, PE23PE23 5BW6 Addresses|1.3 km away
- PE23 5PH, Mill Lane, Little Steeping, Spilsby, PE23PE23 5PH6 Addresses|1.4 km away
Property Types
- 1 period house built between 1800 and 1911
- 4 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 5 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- period house (1)
- modern house (4)
- mid-century house (5)
- mid-century flat (5)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (3)
- G (0)
- D (6)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Nov 2023£497,000 | 5 Bed HouseLongacre Lodge, Station Road, Spilsby, PE23 5BHLongacre Lodge, Station Road, Spilsby, PE23 5BH
- Sold Sep 2023£415,000 | 5 Bed HouseSteeping House, Station Road, Spilsby, PE23 5BQSteeping House, Station Road, Spilsby, PE23 5BQ
- Sold Apr 2022£387,500 | 5 Bed HouseSteeping House, Station Road, Spilsby, PE23 5BQSteeping House, Station Road, Spilsby, PE23 5BQ
Schools Nearby
- Great Steeping Primary School1.8 km away
- Halton Holegate CofE Primary School3.0 km away
- Toynton All Saints Primary School4.2 km away
- King Edward VI Academy5.3 km away
- William Lovell Church of England Academy10.9 km away
- Skegness Academy12.5 km away
More reading links
Public Transport Nearby
The closest station to PE23 5BH is Thorpe Culvert station, which is 4.2 kilometres away.
- Thorpe Culvert|4.2 km away
- Wainfleet|7.2 km away
- Havenhouse|9.1 km away
- Skegness|12.7 km away
