Market Street - PE23 5JT
Key Postcode Insights
PE23 5JT is a residential postcode situated on Market Street, Spilsby, PE23 with 10 addresses.
It ranks as the 425th largest and 8th 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 10 properties: 1 house and 9 flats.
- Ave. Sale Price
- £84,671
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £421pcm
- 10 Year change
- up 39.6%
- Ave. £ per ft²
- £97/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
PE23 5JT is a residential postcode situated on Market Street, Spilsby, PE23 with 10 addresses.
It ranks as the 425th largest and 8th 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 10 properties: 1 house and 9 flats.
- Ave. Sale Price
- £84,671
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £421pcm
- 10 Year change
- up 39.6%
- Ave. £ per ft²
- £97/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin PE23 5JT
- Nelson Cottage
2 Bed Period House
- 2A Market Street
2 Bed Flat
- 4A Market Street
2 Bed Period Flat
- 5 Market Street
Building | 2 Flats
- Flat
Flat
Sales Market Trends
The last sale in PE23 5JT sold for £150,000 on 22nd January 2014. Since then prices are up an average of 15.3%.
The current average value in the postcode is £84,671.
The PE23 5JT Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £84,671 |
| June 2025 | -3.3% | £85,320 |
| June 2024 | -0.4% | £88,247 |
| June 2023 | -0.3% | £88,607 |
| June 2022 | 13.6% | £88,877 |
| June 2021 | 7% | £78,216 |
| June 2020 | 1.2% | £73,113 |
| June 2019 | 2% | £72,240 |
| June 2018 | 1.8% | £70,831 |
| June 2017 | 5% | £69,576 |
| June 2016 | 3.4% | £66,240 |
| June 2015 | 2.8% | £64,070 |
| June 2014 | 2.8% | £62,329 |
| June 2013 | 1.4% | £60,603 |
| June 2012 | -0.2% | £59,774 |
| June 2011 | -1.8% | £59,873 |
| June 2010 | -2% | £60,997 |
| June 2009 | -10.2% | £62,226 |
| June 2008 | -1.9% | £69,293 |
| June 2007 | 0% | £70,646 |
Rental Market Trends
The current average rental value in the postcode is £421.
The PE23 5JT Rental Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £421pcm |
| June 2025 | 5% | £399pcm |
| June 2024 | 5% | £381pcm |
| June 2023 | 6% | £362pcm |
| June 2022 | 6.4% | £342pcm |
| June 2021 | 3.9% | £321pcm |
| June 2020 | 2.3% | £309pcm |
| June 2019 | -0.6% | £302pcm |
| June 2018 | 0% | £304pcm |
| June 2017 | 0.7% | £304pcm |
| June 2016 | 1.8% | £302pcm |
| June 2015 | 2.1% | £297pcm |
| June 2014 | 1.8% | £290pcm |
| June 2013 | 1.3% | £285pcm |
| June 2012 | 0.1% | £282pcm |
| June 2011 | 0.9% | £282pcm |
| June 2010 | 3.1% | £279pcm |
| June 2009 | -6.2% | £271pcm |
| June 2008 | 1.2% | £289pcm |
| June 2007 | 0% | £285pcm |
Sales History
The last sale was on 22nd January 2014 for £150,000 and since then the market in the area has increased by 15.3%. The postcode has had a total of 2 sales since 1995.
PE23 5JT has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PE23 5JT is the 425th largest and the 8th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5JH, High Street, Hagworthingham, Spilsby, PE23PE23 5JH35 Addresses|54 m away
- PE23 5JS, Stone Lane, Spilsby, PE23PE23 5JS6 Addresses|79 m away
- PE23 5JX, Market Street, Spilsby, PE23PE23 5JX3 Addresses|82 m away
- PE23 5JZ, Halton Road, Toynton St. Peter, Spilsby, PE23PE23 5JZ10 Addresses|85 m away
- PE23 5JD, Franklin Square, Spilsby, PE23PE23 5JD12 Addresses|96 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 1 flat of an unknown age
- 7 other addresses of unknown type
- period house (1)
- period flat (1)
- flat (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2022£295,000 | 4 Bed House24, Market Street, Spilsby, PE23 5JX24, Market Street, Spilsby, PE23 5JX
- Sold Nov 2023£230,000 | 3 Bed House26-28, Market Street, Spilsby, PE23 5JX26-28, Market Street, Spilsby, PE23 5JX
- Sold Dec 2019£225,000 | 3 Bed HouseNelson Mews, Market Street, Spilsby, PE23 5JXNelson Mews, Market Street, Spilsby, PE23 5JX
Schools Nearby
- Spilsby Primary School300 m away
- Halton Holegate CofE Primary School1.8 km away
- Partney Church of England Aided Primary School2.5 km away
- King Edward VI Academy500 m away
- Queen Elizabeth's Grammar Alford - A Selective Academy10.6 km away
- John Spendluffe Foundation Technology College11.0 km away
More reading links
Public Transport Nearby
The closest station to PE23 5JT is Thorpe Culvert station, which is 8.9 kilometres away.
- Thorpe Culvert|8.9 km away
- Wainfleet|11.9 km away
- Havenhouse|13.5 km away
- Skegness|16.1 km away