PE23 5JRHouse Prices / East Midlands, East Lindsey, The Terrace
Key Postcode Insights
PE23 5JR is a residential postcode situated on The Terrace, Spilsby, PE23 with 16 addresses.
It ranks as the 295th largest and 17th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 16 properties: 3 houses and 13 flats.
- Houses
- Flats
Key Postcode Insights
PE23 5JR is a residential postcode situated on The Terrace, Spilsby, PE23 with 16 addresses.
It ranks as the 295th largest and 17th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 16 properties: 3 houses and 13 flats.
- Houses
- Flats
House Pricesin PE23 5JR
Sale prices range from £66,903 for 7 bedroom Leasehold flats (1,677 ft2) to £150,003 for 5 bedroom freehold houses with a garden (2,289 ft2) .
Monthly rental prices range from £474 pcm for 7 bed flats to £749 pcm for 5 bed houses.
The gross rental yield is between 5.9% and 8.5%.
The average value per square foot is £104.
Sales Market Trendsin PE23 5JR
The last sale in PE23 5JR sold for £550,000 on 22nd August 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £97,543.
The PE23 5JR Sales Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.7% | £97,543 |
| May 2025 | -3.1% | £99,272 |
| May 2024 | -1.9% | £102,437 |
| May 2023 | 3.3% | £104,449 |
| May 2022 | 12% | £101,118 |
| May 2021 | 8.9% | £90,313 |
| May 2020 | -1.5% | £82,915 |
| May 2019 | 7.3% | £84,218 |
| May 2018 | -0.7% | £78,508 |
| May 2017 | 11.3% | £79,068 |
| May 2016 | -3% | £71,059 |
| May 2015 | 1.7% | £73,249 |
| May 2014 | 6.6% | £72,058 |
| May 2013 | 0.3% | £67,580 |
| May 2012 | -2.5% | £67,411 |
| May 2011 | -3.2% | £69,131 |
| May 2010 | -1.8% | £71,442 |
| May 2009 | -9.4% | £72,728 |
| May 2008 | 1.8% | £80,311 |
| May 2007 | 0% | £78,861 |
Rental Market Trendsin PE23 5JR
The current average rental value in the postcode is £552.
The PE23 5JR Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.7% | £552pcm |
| May 2025 | 4.2% | £527pcm |
| May 2024 | 6.4% | £506pcm |
| May 2023 | 8% | £475pcm |
| May 2022 | 5.6% | £440pcm |
| May 2021 | 4.5% | £417pcm |
| May 2020 | 2.4% | £399pcm |
| May 2019 | 1.1% | £390pcm |
| May 2018 | 0.6% | £385pcm |
| May 2017 | 1.8% | £383pcm |
| May 2016 | 1.9% | £376pcm |
| May 2015 | 2.9% | £369pcm |
| May 2014 | 2.6% | £358pcm |
| May 2013 | 1% | £349pcm |
| May 2012 | 2% | £346pcm |
| May 2011 | 1.7% | £339pcm |
| May 2010 | -1.6% | £334pcm |
| May 2009 | -4.4% | £339pcm |
| May 2008 | 3.6% | £354pcm |
| May 2007 | 0% | £342pcm |
Properties and Buildingsin PE23 5JR, The Terrace, Spilsby, PE23
- 1, The Terrace, Spilsby, PE23 Period building2 units
- 3, The Terrace, Spilsby, PE23 5JR5 bed house
- 4, The Terrace, Spilsby, PE23 Period building2 units
- 5, The Terrace, Spilsby, PE23 Period building5 units
- 6, The Terrace, Spilsby, PE23Building2 units
- 7, The Terrace, Spilsby, PE23 Period building2 units
- 10-12, The Terrace, Spilsby, PE23 5JR
- Flat, 14, The Terrace, Spilsby, PE23 5JR
Sales Historyin PE23 5JR
The last sale was on 22nd August 2025 for £550,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 6 sales since 1995.
PE23 5JR has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby Postcodesto PE23 5JR
PE23 5JR is the 295th largest and the 17th most expensive postcode out of the 380 postcodes in the PE23 area.
- 53 mPE23 5JP, Cornhill, Spilsby, PE23PE23 5JP9 Addresses
- 62 mPE23 5JS, Stone Lane, Spilsby, PE23PE23 5JS6 Addresses
- 88 mPE23 5DS, Ashby Road, Spilsby, PE23PE23 5DS5 Addresses
- 97 mPE23 5JT, Market Street, Spilsby, PE23PE23 5JT10 Addresses
- 109 mPE23 5JH, High Street, Hagworthingham, Spilsby, PE23PE23 5JH35 Addresses
- 115 mPE23 5DU, Church Street, Candlesby, Spilsby, PE23PE23 5DU7 Addresses
Property Typesin PE23 5JR
- 13 period flats built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period flat (13)
- house (1)
- Unknown (2)
Energy Efficiencyof properties in PE23 5JR
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is D.
- A (0)
- E (3)
- B (0)
- F (3)
- C (1)
- G (0)
- D (3)
- No EPC (6)
Schools Nearby
- 300mSpilsby Primary School
- 1.9kmHalton Holegate CofE Primary School
- 2.5kmPartney Church of England Aided Primary School
- 400mKing Edward VI Academy
- 10.7kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.1kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearby
The closest station to PE23 5JR is Thorpe Culvert station, which is 8.9 kilometres away.
- 8.9kmThorpe Culvert
- 12.0kmWainfleet
- 13.5kmHavenhouse
- 16.3kmSkegness
