Queen Street - PE23 5JE
Key Postcode Insights
PE23 5JE is a residential postcode situated on Queen Street, Spilsby, PE23 with 28 addresses.
It ranks as the 653rd largest and 44th most expensive of the 750 postcodes in the PE23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 28 properties: 27 houses and 1 flat.
- Ave. Sale Price
- £160,221
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £741pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £140/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
PE23 5JE is a residential postcode situated on Queen Street, Spilsby, PE23 with 28 addresses.
It ranks as the 653rd largest and 44th most expensive of the 750 postcodes in the PE23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 28 properties: 27 houses and 1 flat.
- Ave. Sale Price
- £160,221
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £741pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £140/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin PE23 5JE
- Aveland House
5 Bed Period House
- Ivy Cottage
3 Bed Modern House
- 8 Queen Street
House
- 15 Queen Street
5 Bed Period House
Sales Market Trends
The last sale in PE23 5JE sold for £198,000 on 12th February 2026. Since then prices are up an average of 1.4%.
The current average value in the postcode is £160,221.
The PE23 5JE Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £160,221 |
| June 2025 | -3.1% | £163,356 |
| June 2024 | -0.8% | £168,564 |
| June 2023 | 0.3% | £169,852 |
| June 2022 | 14.3% | £169,397 |
| June 2021 | 8.4% | £148,148 |
| June 2020 | 1.1% | £136,674 |
| June 2019 | 2.7% | £135,172 |
| June 2018 | 2.7% | £131,639 |
| June 2017 | 6.1% | £128,151 |
| June 2016 | 4.1% | £120,826 |
| June 2015 | 3.5% | £116,021 |
| June 2014 | 3.2% | £112,077 |
| June 2013 | 1.7% | £108,599 |
| June 2012 | 0% | £106,768 |
| June 2011 | -1.5% | £106,775 |
| June 2010 | 0.4% | £108,398 |
| June 2009 | -8.9% | £107,923 |
| June 2008 | -2.4% | £118,493 |
| June 2007 | 0% | £121,396 |
Rental Market Trends
The current average rental value in the postcode is £741.
The PE23 5JE Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £741pcm |
| June 2025 | 5.2% | £711pcm |
| June 2024 | 4.6% | £676pcm |
| June 2023 | 6.6% | £646pcm |
| June 2022 | 7.1% | £606pcm |
| June 2021 | 5.3% | £566pcm |
| June 2020 | 2.2% | £537pcm |
| June 2019 | 0.1% | £526pcm |
| June 2018 | 0.9% | £525pcm |
| June 2017 | 1.7% | £520pcm |
| June 2016 | 2.5% | £512pcm |
| June 2015 | 2.8% | £499pcm |
| June 2014 | 2.1% | £485pcm |
| June 2013 | 1.6% | £475pcm |
| June 2012 | 0.2% | £468pcm |
| June 2011 | 1.2% | £467pcm |
| June 2010 | 5.6% | £461pcm |
| June 2009 | -4.8% | £436pcm |
| June 2008 | 0.7% | £459pcm |
| June 2007 | 0% | £456pcm |
Sales History
The last sale was on 12th February 2026 for £198,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 34 sales since 1995.
PE23 5JE has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£198,000 | 5 Bed House15, Queen Street, Spilsby, PE23 5JE15, Queen Street, Spilsby, PE23 5JE
- Sold Jul 2025£152,500 | 5 Bed House15, Queen Street, Spilsby, PE23 5JE15, Queen Street, Spilsby, PE23 5JE
- Sold Dec 2022£160,000 | 2 Bed HouseLindum House 10, Queen Street, Spilsby, PE23 5JELindum House 10, Queen Street, Spilsby, PE23 5JE
- Sold Aug 2022£115,000 | 2 Bed House27, Queen Street, Spilsby, PE23 5JE27, Queen Street, Spilsby, PE23 5JE
- Sold Oct 2021£91,500 | 5 Bed House15, Queen Street, Spilsby, PE23 5JE15, Queen Street, Spilsby, PE23 5JE
Nearby Postcodes
PE23 5JE is the 653rd largest and the 44th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5JF, Wellington Yard, Spilsby, PE23PE23 5JF7 Addresses|36 m away
- PE23 5JG, Welham Gardens, Spilsby, PE23PE23 5JG3 Addresses|65 m away
- PE23 5JQ, Queen Street, Spilsby, PE23PE23 5JQ7 Addresses|84 m away
- PE23 5JB, Reynard Street, Spilsby, PE23PE23 5JB53 Addresses|106 m away
- PE23 5JX, Market Street, Spilsby, PE23PE23 5JX3 Addresses|135 m away
Property Types
- 13 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 8 other addresses of unknown type
- period house (13)
- modern house (6)
- mid-century house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (3)
- F (0)
- C (2)
- G (0)
- D (8)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Sep 2021£375,000 | 3 Bed House32, Queen Street, Spilsby, PE23 5JE32, Queen Street, Spilsby, PE23 5JE
- Sold Feb 2021£370,000 | 5 Bed HouseAveland House, Queen Street, Spilsby, PE23 5JEAveland House, Queen Street, Spilsby, PE23 5JE
- Sold Mar 2006£232,500 | 5 Bed HouseAveland House, Queen Street, Spilsby, PE23 5JEAveland House, Queen Street, Spilsby, PE23 5JE
Schools Nearby
- Spilsby Primary School300 m away
- Halton Holegate CofE Primary School1.9 km away
- Partney Church of England Aided Primary School2.3 km away
- King Edward VI Academy400 m away
- Queen Elizabeth's Grammar Alford - A Selective Academy10.5 km away
- John Spendluffe Foundation Technology College10.9 km away
More reading links
Public Transport Nearby
The closest station to PE23 5JE is Thorpe Culvert station, which is 8.9 kilometres away.
- Thorpe Culvert|8.9 km away
- Wainfleet|11.9 km away
- Havenhouse|13.4 km away
- Skegness|16.1 km away
