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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE23 5BQHouse Prices / East Midlands, East Lindsey, Station Road
Last updated May 2026
Key Postcode Insights
PE23 5BQ is a residential postcode situated on Station Road, Little Steeping, Spilsby, PE23 with 23 addresses.
It ranks as the 322nd largest and 210th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
23
Properties
- Houses
Key Postcode Insights
PE23 5BQ is a residential postcode situated on Station Road, Little Steeping, Spilsby, PE23 with 23 addresses.
It ranks as the 322nd largest and 210th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
23
Properties
- Houses
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House Pricesin PE23 5BQ
Sale prices range from £183,621 for 2 bedroom freehold houses with a garden (613 ft2) to £457,819 for 5 bedroom freehold houses with a garden (2,820 ft2) .
Monthly rental prices range from £799 pcm for 2 bed houses to £1,837 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 5.2%.
The average value per square foot is £234.
Average Sale Value
£271,365
Average Rental Value
£1,119 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£234 /ft2
Sales Market Trendsin PE23 5BQ
The last sale in PE23 5BQ sold for £288,500 on 11th December 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £271,365.
The PE23 5BQ Sales Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.5% | £271,365 |
| April 2025 | -1.3% | £284,213 |
| April 2024 | -1.9% | £288,074 |
| April 2023 | 4.6% | £293,657 |
| April 2022 | 13.8% | £280,694 |
| April 2021 | 9.9% | £246,582 |
| April 2020 | -1.7% | £224,274 |
| April 2019 | 9% | £228,097 |
| April 2018 | 0.1% | £209,189 |
| April 2017 | 12.7% | £208,887 |
| April 2016 | -0.7% | £185,374 |
| April 2015 | 2.6% | £186,725 |
| April 2014 | 8.1% | £182,053 |
| April 2013 | -0.9% | £168,440 |
| April 2012 | -1.9% | £170,054 |
| April 2011 | -2.5% | £173,377 |
| April 2010 | 0.8% | £177,807 |
| April 2009 | -8.9% | £176,309 |
| April 2008 | 2.7% | £193,448 |
| April 2007 | 0% | £188,389 |
Rental Market Trendsin PE23 5BQ
The current average rental value in the postcode is £1,119.
The PE23 5BQ Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,119pcm |
| April 2025 | 5.6% | £1,092pcm |
| April 2024 | 3.6% | £1,034pcm |
| April 2023 | 7.2% | £999pcm |
| April 2022 | 8.4% | £932pcm |
| April 2021 | 3.8% | £859pcm |
| April 2020 | 0.9% | £828pcm |
| April 2019 | -0.2% | £820pcm |
| April 2018 | 1.2% | £822pcm |
| April 2017 | 3.2% | £813pcm |
| April 2016 | 3.7% | £788pcm |
| April 2015 | 3.2% | £759pcm |
| April 2014 | 2.2% | £735pcm |
| April 2013 | 3.8% | £720pcm |
| April 2012 | 0.5% | £693pcm |
| April 2011 | 3.1% | £690pcm |
| April 2010 | 6.3% | £669pcm |
| April 2009 | -6% | £630pcm |
| April 2008 | 6.7% | £670pcm |
| April 2007 | 0% | £628pcm |
Explore Propertiesin PE23 5BQ, Station Road, Little Steeping, Spilsby, PE23
- Field View, Station Road, Spilsby, PE23 5BQ3 bed mid-century house
- Ivydene, Station Road, Spilsby, PE23 5BQ
- Lake View , Station Road, Spilsby, PE23 5BQ
- Manor Farm, Station Road, Spilsby, PE23 5BQ
- Maywood, Station Road, Spilsby, PE23 5BQ3 bed mid-century house
- Meadowsweet, Station Road, Spilsby, PE23 5BQ
- Orchard Lodge, Station Road, Spilsby, PE23 5BQ3 bed modern house
- Steeping Cottage, Station Road, Spilsby, PE23 5BQ3 bed period house
- Steeping House, Station Road, Spilsby, PE23 5BQ5 bed period house
- Strathaven Croft, Station Road, Spilsby, PE23 5BQ4 bed mid-century house
- The Hawthorns, Station Road, Spilsby, PE23 5BQ
- The Old Station House, Station Road, Spilsby, PE23 5BQ
- The Poplars, Station Road, Spilsby, PE23 5BQ4 bed modern house
- The Steepings, Station Road, Spilsby, PE23 5BQ5 bed period house
- Tiny Penny, Station Road, Spilsby, PE23 5BQ3 bed modern house
- Whistledown, Station Road, Spilsby, PE23 5BQ
- Willows, Station Road, Spilsby, PE23 5BQ
- Windrush, Station Road, Spilsby, PE23 5BQ
- Wold View Cottage, Station Road, Spilsby, PE23 5BQ3 bed period house
- 7, Station Road, Spilsby, PE23 5BQ3 bed mid-century house
- 8, Station Road, Spilsby, PE23 5BQ3 bed mid-century house
- 9, Station Road, Spilsby, PE23 5BQ3 bed mid-century house
- 10, Station Road, Spilsby, PE23 5BQ3 bed mid-century house
Sales Historyin PE23 5BQ
The last sale was on 11th December 2025 for £288,500 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 21 sales since 1995.
PE23 5BQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
Sold Dec 2025£288,500 | 3 Bed HouseStation RoadField View, Station Road, Spilsby, PE23 5BQ
Sold Feb 2025£260,000 | 3 Bed HouseStation RoadSteeping Cottage, Station Road, Spilsby, PE23 5BQ
Sold Sep 2023£415,000 | 5 Bed HouseStation RoadSteeping House, Station Road, Spilsby, PE23 5BQ
Sold Apr 2022£387,500 | 5 Bed HouseStation RoadSteeping House, Station Road, Spilsby, PE23 5BQ
Sold Jul 2021£355,000 | 3 Bed HouseStation RoadWold View Cottage, Station Road, Spilsby, PE23 5BQ
Sold Sep 2020£197,500 | 3 Bed HouseStation RoadSteeping Cottage, Station Road, Spilsby, PE23 5BQ
Sold Jul 2020£320,000 | 5 Bed HouseStation RoadSteeping House, Station Road, Spilsby, PE23 5BQ
Sold Sep 2018£310,000 | 3 Bed HouseStation RoadWold View Cottage, Station Road, Spilsby, PE23 5BQ
Sold Feb 2018£315,000 | 4 Bed HouseStation RoadThe Poplars, Station Road, Spilsby, PE23 5BQ
Sold Apr 2017£300,000 | 5 Bed HouseStation RoadSteeping House, Station Road, Spilsby, PE23 5BQ
Sold Mar 2016£180,000 | 3 Bed HouseStation RoadOrchard Lodge, Station Road, Spilsby, PE23 5BQ
Sold Aug 2014£247,000 | 4 Bed HouseStation RoadStrathaven Croft, Station Road, Spilsby, PE23 5BQ
Sold Jul 2014£127,000 | 3 Bed HouseStation RoadTiny Penny, Station Road, Spilsby, PE23 5BQ
Sold Jul 2013£197,000 | 5 Bed HouseStation RoadThe Steepings, Station Road, Spilsby, PE23 5BQ
Sold May 2010£235,000 | 4 Bed HouseStation RoadThe Poplars, Station Road, Spilsby, PE23 5BQ
Sold May 2007£162,500 | 3 Bed HouseStation RoadWold View Cottage, Station Road, Spilsby, PE23 5BQ
Sold Apr 2007£166,000 | 3 Bed HouseStation RoadMaywood, Station Road, Spilsby, PE23 5BQ
Sold Aug 2005£250,000 | 4 Bed HouseStation RoadThe Poplars, Station Road, Spilsby, PE23 5BQ
Sold Oct 2000£56,000 | 3 Bed HouseStation RoadWindrush, Station Road, Spilsby, PE23 5BQ
Sold Dec 1998£87,000 | 3 Bed HouseStation RoadField View, Station Road, Spilsby, PE23 5BQ
Sold Feb 1997£70,000 | 3 Bed HouseStation RoadWhistledown, Station Road, Spilsby, PE23 5BQ
Nearby Postcodesto PE23 5BQ
PE23 5BQ is the 322nd largest and the 210th most expensive postcode out of the 380 postcodes in the PE23 area.
- 333 mPE23 5BH, Station Road, Little Steeping, Spilsby, PE23PE23 5BH24 Addresses
- 671 mPE23 5BJ, Ings Lane, Little Steeping, Spilsby, PE23PE23 5BJ21 Addresses
- 803 mPE23 5BL, Little Steeping, Spilsby, PE23PE23 5BL25 Addresses
- 1.2 kmPE23 5BE, Halton Fen, Halton Holegate, Spilsby, PE23PE23 5BE13 Addresses
- 1.4 kmPE23 5BG, Thorpe Bank, Little Steeping, Spilsby, PE23PE23 5BG12 Addresses
- 1.5 kmPE23 5BW, Pinfold Lane, Halton Holegate, Spilsby, PE23PE23 5BW6 Addresses
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Property Typesin PE23 5BQ
- 4 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- 9 other addresses of unknown type
- period house (4)
- modern house (3)
- mid-century house (7)
- Unknown (9)
Energy Efficiencyof properties in PE23 5BQ
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The dominant rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (1)
- D (9)
- No EPC (9)
Top 3 Most Expensive Saleson Station Road
Schools Nearbyto PE23 5BQ
The nearest primary school to PE23 5BQ is Great Steeping Primary School which is 2.2 kilometres away.
- 2.2kmGreat Steeping Primary School
- 3.3kmHalton Holegate CofE Primary School
- 4.3kmToynton All Saints Primary School
The nearest secondary school is King Edward VI Academy which is 5.6 kilometres away.
- 5.6kmKing Edward VI Academy
- 10.7kmWilliam Lovell Church of England Academy
- 12.3kmThe Giles Academy
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Public Transport Nearbyto PE23 5BQ
The closest station to PE23 5BQ is Thorpe Culvert station which is 4.0 kilometres away.
- 4.0kmThorpe Culvert
- 7.0kmWainfleet
- 9.0kmHavenhouse
- 12.7kmSkegness
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