Great Steeping, Spilsby - PE23 5PT
Key Postcode Insights
PE23 5PT is a residential postcode situated on Great Steeping, Spilsby, PE23 with 38 addresses.
It ranks as the 699th largest and 326th 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 38 properties: 36 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £255,748
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £988pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
PE23 5PT is a residential postcode situated on Great Steeping, Spilsby, PE23 with 38 addresses.
It ranks as the 699th largest and 326th 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 38 properties: 36 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £255,748
- 10 Year change
- up 33.5%
- Ave. Rental Price
- £988pcm
- 10 Year change
- up 39.4%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin PE23 5PT
- 1 Church View Spilsby
3 Bed Period House
- 2 Church View Spilsby
3 Bed Period House
- Alanda
2 Bed Period House
- Arkings
2 Bed Modern House
- Bays Cottage
House
Sales Market Trends
The last sale in PE23 5PT sold for £130,000 on 29th November 2024. Since then prices are down an average of 3.2%.
The current average value in the postcode is £255,748.
The PE23 5PT Sales Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £255,748 |
| June 2025 | -2.2% | £263,606 |
| June 2024 | -1.6% | £269,502 |
| June 2023 | 1.2% | £273,895 |
| June 2022 | 13.9% | £270,716 |
| June 2021 | 8.6% | £237,635 |
| June 2020 | 1.1% | £218,859 |
| June 2019 | 3.2% | £216,422 |
| June 2018 | 3.3% | £209,641 |
| June 2017 | 5.9% | £202,957 |
| June 2016 | 3.7% | £191,576 |
| June 2015 | 4.3% | £184,664 |
| June 2014 | 3.8% | £177,074 |
| June 2013 | 0.1% | £170,607 |
| June 2012 | 0.4% | £170,501 |
| June 2011 | -2.3% | £169,748 |
| June 2010 | 1.4% | £173,656 |
| June 2009 | -8.6% | £171,334 |
| June 2008 | -1.9% | £187,449 |
| June 2007 | 0% | £191,052 |
Rental Market Trends
The current average rental value in the postcode is £988.
The PE23 5PT Rental Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £988pcm |
| June 2025 | 4.9% | £957pcm |
| June 2024 | 4% | £912pcm |
| June 2023 | 5.7% | £877pcm |
| June 2022 | 7.6% | £829pcm |
| June 2021 | 4.6% | £770pcm |
| June 2020 | 1.2% | £737pcm |
| June 2019 | 0% | £728pcm |
| June 2018 | 0.7% | £728pcm |
| June 2017 | 1.9% | £722pcm |
| June 2016 | 2.6% | £709pcm |
| June 2015 | 3% | £691pcm |
| June 2014 | 1.6% | £671pcm |
| June 2013 | 1% | £660pcm |
| June 2012 | 0.6% | £654pcm |
| June 2011 | 1.1% | £650pcm |
| June 2010 | 7.3% | £643pcm |
| June 2009 | -4.4% | £600pcm |
| June 2008 | 1.2% | £627pcm |
| June 2007 | 0% | £620pcm |
Sales History
The last sale was on 29th November 2024 for £130,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 39 sales since 1995.
PE23 5PT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£130,000 | 2 Bed HousePonderosa, Spilsby, PE23 5PTPonderosa, Spilsby, PE23 5PT
- Sold Aug 2024£475,000 | 5 Bed HouseGlentworth House, Spilsby, PE23 5PTGlentworth House, Spilsby, PE23 5PT
- Sold Apr 2022£492,000 | 2 Bed HouseBeck Cottage, Spilsby, PE23 5PTBeck Cottage, Spilsby, PE23 5PT
- Sold Sep 2021£340,000 | 3 Bed HouseThe Laurels, Spilsby, PE23 5PTThe Laurels, Spilsby, PE23 5PT
- Sold Jun 2021£370,000 | 5 Bed HouseToad Hall, Spilsby, PE23 5PTToad Hall, Spilsby, PE23 5PT
Nearby Postcodes
PE23 5PT is the 699th largest and the 326th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5HA, Lancaster Close, Great Steeping, Spilsby, PE23PE23 5HA20 Addresses|93 m away
- PE23 5PU, School Lane, Great Steeping, Spilsby, PE23PE23 5PU4 Addresses|158 m away
- PE23 5PS, Sandy Lane, Great Steeping, Spilsby, PE23PE23 5PS13 Addresses|252 m away
- PE23 5PR, Old Church Lane, Great Steeping, Spilsby, PE23PE23 5PR7 Addresses|294 m away
- PE23 5PQ, Steapas Close, Great Steeping, Spilsby, PE23PE23 5PQ10 Addresses|352 m away
Property Types
- 14 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 5 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- 10 other addresses of unknown type
- period house (14)
- period flat (2)
- modern house (5)
- mid-century house (7)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is E.
- A (0)
- E (10)
- B (0)
- F (4)
- C (4)
- G (1)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
Schools Nearby
- Great Steeping Primary School200 m away
- Halton Holegate CofE Primary School2.4 km away
- Spilsby Primary School4.3 km away
- King Edward VI Academy4.5 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy11.3 km away
- John Spendluffe Foundation Technology College11.5 km away
More reading links
Public Transport Nearby
The closest station to PE23 5PT is Thorpe Culvert station, which is 5.0 kilometres away.
- Thorpe Culvert|5.0 km away
- Wainfleet|8.0 km away
- Havenhouse|9.4 km away
- Skegness|12.3 km away
