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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 5RZHouse Prices / East Midlands, East Lindsey, Candlesby, Spilsby
Last updated May 2026
Key Postcode Insights
PE23 5RZ is a residential postcode situated on Candlesby, Spilsby, PE23 with 1 addresses.
It ranks as the 40th largest and 179th most expensive of the 380 postcodes in the PE23 area.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
Key Postcode Insights
PE23 5RZ is a residential postcode situated on Candlesby, Spilsby, PE23 with 1 addresses.
It ranks as the 40th largest and 179th most expensive of the 380 postcodes in the PE23 area.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
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House Pricesin PE23 5RZ
Sale prices range from £238,428 for 3 bedroom freehold houses with a garden (1,001 ft2) to £238,428 for 3 bedroom freehold houses with a garden (1,001 ft2) .
Monthly rental prices range from £1,017 pcm for 3 bed houses to £1,017 pcm for 3 bed houses.
The gross rental yield is between 5.1% and 5.1%.
The average value per square foot is £238.
Average Sale Value
£238,428
Average Rental Value
£1,017 pcm
Average Rental Yield
5.1% /year
Average Value Per Sqft
£238 /ft2
Sales Market Trendsin PE23 5RZ
The last sale in PE23 5RZ sold for £1,000,000 on 22nd August 2005. Since then prices are down an average of 0.0%.
The current average value in the postcode is £238,428.
The PE23 5RZ Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £238,428 |
| April 2025 | -1% | £248,065 |
| April 2024 | -2.2% | £250,644 |
| April 2023 | 4.3% | £256,242 |
| April 2022 | 15.2% | £245,612 |
| April 2021 | 9.2% | £213,120 |
| April 2020 | 0.7% | £195,197 |
| April 2019 | 6.2% | £193,772 |
| April 2018 | 0.7% | £182,440 |
| April 2017 | 9.5% | £181,111 |
| April 2016 | 1.2% | £165,333 |
| April 2015 | 2.9% | £163,330 |
| April 2014 | 7% | £158,653 |
| April 2013 | -0.3% | £148,229 |
| April 2012 | -1.3% | £148,725 |
| April 2011 | -3.8% | £150,636 |
| April 2010 | -0.1% | £156,605 |
| April 2009 | -7.4% | £156,709 |
| April 2008 | 0.2% | £169,234 |
| April 2007 | 0% | £168,978 |
Rental Market Trendsin PE23 5RZ
The current average rental value in the postcode is £1,017.
The PE23 5RZ Rental Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,017pcm |
| April 2025 | 5.2% | £988pcm |
| April 2024 | 4.6% | £940pcm |
| April 2023 | 8.2% | £899pcm |
| April 2022 | 7.8% | £830pcm |
| April 2021 | 4.6% | £770pcm |
| April 2020 | 1.2% | £736pcm |
| April 2019 | -0.2% | £727pcm |
| April 2018 | 1.8% | £729pcm |
| April 2017 | 3.6% | £716pcm |
| April 2016 | 5.1% | £692pcm |
| April 2015 | 3.1% | £658pcm |
| April 2014 | 3% | £638pcm |
| April 2013 | 3.4% | £620pcm |
| April 2012 | 1.1% | £599pcm |
| April 2011 | 2.4% | £593pcm |
| April 2010 | 2.9% | £579pcm |
| April 2009 | -6.1% | £563pcm |
| April 2008 | 4.6% | £599pcm |
| April 2007 | 0% | £573pcm |
Sales Historyin PE23 5RZ
The last sale was on 22nd August 2005 for £1,000,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PE23 5RZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PE23 5RZ
PE23 5RZ is the 40th largest and the 179th most expensive postcode out of the 380 postcodes in the PE23 area.
- 95 mPE23 5RY, Church Street, Candlesby, Spilsby, PE23PE23 5RY13 Addresses
- 121 mPE23 5RX, High Street, Candlesby, Spilsby, PE23PE23 5RX12 Addresses
- 203 mPE23 5SB, Gunby Road, Candlesby, Spilsby, PE23PE23 5SB3 Addresses
- 261 mPE23 5RU, Scremby Road, Candlesby, Spilsby, PE23PE23 5RU9 Addresses
- 325 mPE23 5SE, Chalkpit Lane, Candlesby, Spilsby, PE23PE23 5SE15 Addresses
- 432 mPE23 5SU, Candlesby, Spilsby, PE23PE23 5SU1 Addresses
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Property Typesin PE23 5RZ
- 1 other address of unknown type
- Unknown (1)
Energy Efficiencyof properties in PE23 5RZ
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Candlesby, Spilsby
Schools Nearbyto PE23 5RZ
The nearest primary school to PE23 5RZ is Great Steeping Primary School which is 3.3 kilometres away.
- 3.3kmGreat Steeping Primary School
- 4.4kmPartney Church of England Aided Primary School
- 4.7kmHalton Holegate CofE Primary School
The nearest secondary school is King Edward VI Academy which is 5.6 kilometres away.
- 5.6kmKing Edward VI Academy
- 8.4kmJohn Spendluffe Foundation Technology College
- 8.4kmQueen Elizabeth's Grammar Alford - A Selective Academy
More reading links
Public Transport Nearbyto PE23 5RZ
The closest station to PE23 5RZ is Thorpe Culvert station which is 6.9 kilometres away.
- 6.9kmThorpe Culvert
- 9.5kmWainfleet
- 10.0kmHavenhouse
- 11.4kmSkegness
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