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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 5LGHouse Prices / East Midlands, East Lindsey, Simpson Street
Last updated May 2026
Key Postcode Insights
PE23 5LG is a residential postcode situated on Simpson Street, Spilsby, PE23 with 12 addresses.
It ranks as the 263rd largest and 72nd most expensive of the 380 postcodes in the PE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
Key Postcode Insights
PE23 5LG is a residential postcode situated on Simpson Street, Spilsby, PE23 with 12 addresses.
It ranks as the 263rd largest and 72nd most expensive of the 380 postcodes in the PE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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House Pricesin PE23 5LG
Sale prices range from £120,238 for 2 bedroom freehold houses with a garden (527 ft2) to £238,428 for 3 bedroom freehold houses with a garden (1,345 ft2) .
Monthly rental prices range from £631 pcm for 2 bed houses to £1,017 pcm for 3 bed houses.
The gross rental yield is between 5.1% and 6.3%.
The average value per square foot is £179.
Average Sale Value
£175,136
Average Rental Value
£874 pcm
Average Rental Yield
6.0% /year
Average Value Per Sqft
£179 /ft2
Sales Market Trendsin PE23 5LG
The last sale in PE23 5LG sold for £125,000 on 13th February 2026. Since then prices are down an average of 0.6%.
The current average value in the postcode is £175,136.
The PE23 5LG Sales Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £175,136 |
| April 2025 | -0.7% | £179,769 |
| April 2024 | -1.6% | £181,039 |
| April 2023 | 4.5% | £184,058 |
| April 2022 | 13% | £176,205 |
| April 2021 | 10% | £155,889 |
| April 2020 | -2.6% | £141,757 |
| April 2019 | 9.6% | £145,480 |
| April 2018 | -0.8% | £132,786 |
| April 2017 | 12.8% | £133,906 |
| April 2016 | -2.4% | £118,756 |
| April 2015 | 2.2% | £121,666 |
| April 2014 | 10.3% | £119,086 |
| April 2013 | -2.2% | £107,996 |
| April 2012 | -2.2% | £110,465 |
| April 2011 | -3.1% | £112,951 |
| April 2010 | -1% | £116,601 |
| April 2009 | -10.4% | £117,788 |
| April 2008 | 3.1% | £131,527 |
| April 2007 | 0% | £127,629 |
Rental Market Trendsin PE23 5LG
The current average rental value in the postcode is £874.
The PE23 5LG Rental Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £874pcm |
| April 2025 | 6.5% | £836pcm |
| April 2024 | 3.2% | £785pcm |
| April 2023 | 6.5% | £760pcm |
| April 2022 | 8.3% | £714pcm |
| April 2021 | 3% | £659pcm |
| April 2020 | 0.9% | £640pcm |
| April 2019 | -0.8% | £634pcm |
| April 2018 | 0.3% | £639pcm |
| April 2017 | 1.8% | £638pcm |
| April 2016 | 2.4% | £626pcm |
| April 2015 | 3.1% | £612pcm |
| April 2014 | 3.3% | £593pcm |
| April 2013 | 3% | £574pcm |
| April 2012 | 0.3% | £557pcm |
| April 2011 | 2.2% | £556pcm |
| April 2010 | 5.4% | £544pcm |
| April 2009 | -7.1% | £516pcm |
| April 2008 | 6.7% | £555pcm |
| April 2007 | 0% | £520pcm |
Explore Propertiesin PE23 5LG, Simpson Street, Spilsby, PE23
- 1 Marie Walk, Simpson Street, Spilsby, PE23 5LG3 bed modern house
- 2 Marie Walk, Simpson Street, Spilsby, PE23 5LG3 bed house
- 3 Marie Walk, Simpson Street, Spilsby, PE23 5LG3 bed modern house
- 4 Marie Walk, Simpson Street, Spilsby, PE23 5LG3 bed modern house
- 2, Simpson Street, Spilsby, PE23 5LG2 bed period house
- 4, Simpson Street, Spilsby, PE23 5LG3 bed house
- 5, Simpson Street, Spilsby, PE23 5LG3 bed house
- 6, Simpson Street, Spilsby, PE23 5LG3 bed period house
- 8, Simpson Street, Spilsby, PE23 5LG
- 17, Simpson Street, Spilsby, PE23 5LG3 bed period house
- 23, Simpson Street, Spilsby, PE23 5LG
- 31, Simpson Street, Spilsby, PE23 5LG
Sales Historyin PE23 5LG
The last sale was on 13th February 2026 for £125,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 25 sales since 1995.
PE23 5LG has seen 2 sales in the last three years and 1 sale in the last twelve months.
Sold Feb 2026£125,000 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold May 2023£135,000 | 3 Bed HouseSimpson Street17, Simpson Street, Spilsby, PE23 5LG
Sold Mar 2022£95,000 | 3 Bed HouseSimpson Street17, Simpson Street, Spilsby, PE23 5LG
Sold Sep 2021£80,000 | 3 Bed HouseSimpson Street6, Simpson Street, Spilsby, PE23 5LG
Sold Feb 2019£109,950 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold Apr 2018£99,000 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold Mar 2018£125,000 | 3 Bed HouseSimpson Street2 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold Nov 2016£137,500 | 3 Bed HouseSimpson Street5, Simpson Street, Spilsby, PE23 5LG
Sold Apr 2016£85,000 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold Apr 2016£57,000 | 3 Bed HouseSimpson Street17, Simpson Street, Spilsby, PE23 5LG
Sold Nov 2015£112,000 | 3 Bed HouseSimpson Street3 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold Sep 2015£142,000 | 3 Bed HouseSimpson Street4 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold May 2013£115,000 | 3 Bed HouseSimpson Street4 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold May 2011£82,500 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold Nov 2010£68,000 | 3 Bed HouseSimpson Street4, Simpson Street, Spilsby, PE23 5LG
Sold Dec 2007£148,000 | 3 Bed HouseSimpson Street6, Simpson Street, Spilsby, PE23 5LG
Sold Jul 2007£125,000 | 3 Bed HouseSimpson Street1 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold May 2006£137,500 | 3 Bed HouseSimpson Street5, Simpson Street, Spilsby, PE23 5LG
Sold May 2005£78,500 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold Feb 2003£36,600 | 3 Bed HouseSimpson Street4, Simpson Street, Spilsby, PE23 5LG
Sold Aug 2001£39,750 | 2 Bed HouseSimpson Street2, Simpson Street, Spilsby, PE23 5LG
Sold Jul 2000£54,000 | 3 Bed HouseSimpson Street2 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold Dec 1999£52,000 | 3 Bed HouseSimpson Street4 Marie Walk, Simpson Street, Spilsby, PE23 5LG
Sold Sep 1999£46,950 | 3 Bed HouseSimpson Street5, Simpson Street, Spilsby, PE23 5LG
Sold Dec 1997£33,000 | 3 Bed HouseSimpson Street8, Simpson Street, Spilsby, PE23 5LG
Nearby Postcodesto PE23 5LG
PE23 5LG is the 263rd largest and the 72nd most expensive postcode out of the 380 postcodes in the PE23 area.
- 64 mPE23 5LA, Halton Road, Spilsby, PE23PE23 5LA28 Addresses
- 70 mPE23 5QU, Old School Mews, Spilsby, PE23PE23 5QU27 Addresses
- 87 mPE23 5JZ, Halton Road, Spilsby, PE23PE23 5JZ10 Addresses
- 91 mPE23 5JX, Market Street, Spilsby, PE23PE23 5JX3 Addresses
- 93 mPE23 5LQ, Post Office Lane, Spilsby, PE23PE23 5LQ20 Addresses
- 132 mPE23 5JQ, Queen Street, Spilsby, PE23PE23 5JQ7 Addresses
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Property Typesin PE23 5LG
- 3 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 3 houses of an unknown age
- 3 other addresses of unknown type
- period house (3)
- modern house (3)
- house (3)
- Unknown (3)
Energy Efficiencyof properties in PE23 5LG
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (1)
- G (1)
- D (2)
- No EPC (6)
Top 3 Most Expensive Saleson Simpson Street
Schools Nearbyto PE23 5LG
The nearest primary school to PE23 5LG is Spilsby Primary School which is 404 metres away.
- 404mSpilsby Primary School
- 1.7kmHalton Holegate CofE Primary School
- 2.5kmPartney Church of England Aided Primary School
The nearest secondary school is King Edward VI Academy which is 581 metres away.
- 581mKing Edward VI Academy
- 10.6kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.0kmJohn Spendluffe Foundation Technology College
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Public Transport Nearbyto PE23 5LG
The closest station to PE23 5LG is Thorpe Culvert station which is 8.7 kilometres away.
- 8.7kmThorpe Culvert
- 11.8kmWainfleet
- 13.3kmHavenhouse
- 16.0kmSkegness
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