PE23 5SJ is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 1 addresses.
It ranks as the 41st largest and 251st most expensive of the 380 postcodes in the PE23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
PE23 5SJ is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 1 addresses.
It ranks as the 41st largest and 251st most expensive of the 380 postcodes in the PE23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
Sale prices range from £314,673 for 4 bedroom freehold houses with a garden (1,582 ft2) to £314,673 for 4 bedroom freehold houses with a garden (1,582 ft2) .
Monthly rental prices range from £1,300 pcm for 4 bed houses to £1,300 pcm for 4 bed houses.
The gross rental yield is between 5.0% and 5.0%.
The average value per square foot is £199.
The current average value in the postcode is £314,673.
The PE23 5SJ Sales Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.3% | £314,673 |
| April 2025 | -1.3% | £332,407 |
| April 2024 | -2.2% | £336,713 |
| April 2023 | 4.5% | £344,128 |
| April 2022 | 15.4% | £329,460 |
| April 2021 | 9.5% | £285,527 |
| April 2020 | 0.6% | £260,716 |
| April 2019 | 6.8% | £259,104 |
| April 2018 | 1.3% | £242,665 |
| April 2017 | 10.3% | £239,653 |
| April 2016 | 1.6% | £217,352 |
| April 2015 | 3.4% | £213,840 |
| April 2014 | 6.2% | £206,876 |
| April 2013 | 0.1% | £194,835 |
| April 2012 | -1.2% | £194,714 |
| April 2011 | -2.8% | £197,153 |
| April 2010 | 1.2% | £202,934 |
| April 2009 | -6.6% | £200,550 |
| April 2008 | 0.6% | £214,771 |
| April 2007 | 0% | £213,555 |
The current average rental value in the postcode is £1,300.
The PE23 5SJ Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,300pcm |
| April 2025 | 4.9% | £1,282pcm |
| April 2024 | 4.6% | £1,222pcm |
| April 2023 | 8.3% | £1,169pcm |
| April 2022 | 7.9% | £1,079pcm |
| April 2021 | 4.9% | £999pcm |
| April 2020 | 1.1% | £953pcm |
| April 2019 | 0.3% | £942pcm |
| April 2018 | 2.3% | £939pcm |
| April 2017 | 4.2% | £918pcm |
| April 2016 | 5.5% | £881pcm |
| April 2015 | 3.6% | £835pcm |
| April 2014 | 2.2% | £806pcm |
| April 2013 | 3.8% | £789pcm |
| April 2012 | 1.1% | £760pcm |
| April 2011 | 3.4% | £752pcm |
| April 2010 | 4.2% | £727pcm |
| April 2009 | -5.3% | £698pcm |
| April 2008 | 5.1% | £737pcm |
| April 2007 | 0% | £701pcm |
PE23 5SJ is the 41st largest and the 251st most expensive postcode out of the 380 postcodes in the PE23 area.
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The closest station to PE23 5SJ is Thorpe Culvert station which is 10.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PE23 5SJ, 45.3% of property is privately owned outright and 26.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE23 5SJ, 13.8% of residents are recorded as possessing school level qualifications and 29.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE23 5SJ, the average age was 48.9 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE23 5SJ, 3.1% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE23 5SJ, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.