Station Road - PE23 5BQ
Key Postcode Insights
PE23 5BQ is a residential postcode situated on Station Road, Little Steeping, Spilsby, PE23 with 23 addresses.
It ranks as the 609th largest and 418th 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 23 properties: 14 houses and 9 other properties.
- Ave. Sale Price
- £285,351
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £1,085pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
PE23 5BQ is a residential postcode situated on Station Road, Little Steeping, Spilsby, PE23 with 23 addresses.
It ranks as the 609th largest and 418th 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 23 properties: 14 houses and 9 other properties.
- Ave. Sale Price
- £285,351
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £1,085pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties in PE23 5BQ
- Field View
3 Bed Mid-century House
- Ivydene
House
- Lake View
House
- Manor Farm
House
- Maywood
3 Bed Modern House
Sales Market Trends
The last sale in PE23 5BQ sold for £370,000 on 8th April 2026. Since then prices are up an average of 1.1%.
The current average value in the postcode is £285,351.
The PE23 5BQ Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £285,351 |
| June 2025 | -2.1% | £295,788 |
| June 2024 | -1.8% | £302,106 |
| June 2023 | 1.4% | £307,555 |
| June 2022 | 14.2% | £303,200 |
| June 2021 | 9.2% | £265,557 |
| June 2020 | 1.1% | £243,284 |
| June 2019 | 3.6% | £240,607 |
| June 2018 | 3.7% | £232,310 |
| June 2017 | 6.4% | £224,114 |
| June 2016 | 4% | £210,602 |
| June 2015 | 4.6% | £202,504 |
| June 2014 | 3.9% | £193,563 |
| June 2013 | 0.1% | £186,248 |
| June 2012 | 0.6% | £186,037 |
| June 2011 | -2.2% | £184,932 |
| June 2010 | 2.6% | £189,011 |
| June 2009 | -7.9% | £184,298 |
| June 2008 | -2.2% | £200,170 |
| June 2007 | 0% | £204,624 |
Rental Market Trends
The current average rental value in the postcode is £1,085.
The PE23 5BQ Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,085pcm |
| June 2025 | 5% | £1,057pcm |
| June 2024 | 3.8% | £1,006pcm |
| June 2023 | 6% | £969pcm |
| June 2022 | 7.9% | £914pcm |
| June 2021 | 5.2% | £848pcm |
| June 2020 | 1.2% | £806pcm |
| June 2019 | 0.3% | £796pcm |
| June 2018 | 1.1% | £794pcm |
| June 2017 | 2.3% | £785pcm |
| June 2016 | 2.8% | £767pcm |
| June 2015 | 3.3% | £746pcm |
| June 2014 | 1.7% | £722pcm |
| June 2013 | 1.1% | £710pcm |
| June 2012 | 0.7% | £702pcm |
| June 2011 | 1.2% | £697pcm |
| June 2010 | 8.5% | £689pcm |
| June 2009 | -3.7% | £635pcm |
| June 2008 | 0.9% | £659pcm |
| June 2007 | 0% | £653pcm |
Sales History
The last recorded sale was on 8th April 2026 for £370,000 and since then the market in the area has increased by 1.1%.
PE23 5BQ has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Apr 2026£370,000 | 3 Bed HouseWold View Cottage, Station Road, Spilsby, PE23 5BQWold View Cottage, Station Road, Spilsby, PE23 5BQ
- Sold Dec 2025£288,500 | 3 Bed HouseField View, Station Road, Spilsby, PE23 5BQField View, Station Road, Spilsby, PE23 5BQ
- Sold Feb 2025£260,000 | 3 Bed HouseSteeping Cottage, Station Road, Spilsby, PE23 5BQSteeping Cottage, Station Road, Spilsby, PE23 5BQ
Nearby Postcodes
PE23 5BQ is the 609th largest and the 418th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5BH, Station Road, Little Steeping, Spilsby, PE23PE23 5BH24 Addresses|333 m away
- PE23 5BJ, Ings Lane, Little Steeping, Spilsby, PE23PE23 5BJ21 Addresses|671 m away
- PE23 5BL, Little Steeping, Spilsby, PE23PE23 5BL25 Addresses|803 m away
- PE23 5BE, Halton Fen, Halton Holegate, Spilsby, PE23PE23 5BE13 Addresses|1.2 km away
- PE23 5BG, Thorpe Bank, Little Steeping, Spilsby, PE23PE23 5BG12 Addresses|1.4 km away
Property Types
- 3 period houses built between 1800 and 1911
- 5 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 9 other addresses of unknown type
- period house (3)
- modern house (5)
- mid-century house (6)
- Unknown (9)
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 (0)
- C (0)
- G (1)
- D (9)
- No EPC (9)
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 School2.2 km away
- Halton Holegate CofE Primary School3.3 km away
- Toynton All Saints Primary School4.3 km away
- King Edward VI Academy5.6 km away
- William Lovell Church of England Academy10.7 km away
- The Giles Academy12.3 km away
More reading links
Public Transport Nearby
The closest station to PE23 5BQ is Thorpe Culvert station, which is 4.0 kilometres away.
- Thorpe Culvert|4.0 km away
- Wainfleet|7.0 km away
- Havenhouse|9.0 km away
- Skegness|12.7 km away
