Welton-Le-Marsh, Spilsby - PE23 5TA
Key Postcode Insights
PE23 5TA is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 43 addresses.
It ranks as the 718th largest and 380th 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 43 properties: 43 houses.
- Ave. Sale Price
- £272,840
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,094pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £237/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PE23 5TA is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 43 addresses.
It ranks as the 718th largest and 380th 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 43 properties: 43 houses.
- Ave. Sale Price
- £272,840
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,094pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £237/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PE23 5TA
- Beck Cottage
4 Bed Period House
- Beck Farm
Unknown
- Beckside
5 Bed Mid-century House
- Beckview
3 Bed Mid-century House
- Charnwood
2 Bed Mid-century House
Sales Market Trends
The last sale in PE23 5TA sold for £555,000 on 9th August 2024. Since then prices are down an average of 4.5%.
The current average value in the postcode is £272,840.
The PE23 5TA Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £272,840 |
| June 2025 | -1.8% | £281,483 |
| June 2024 | -1.6% | £286,659 |
| June 2023 | 1.7% | £291,449 |
| June 2022 | 14% | £286,445 |
| June 2021 | 9.4% | £251,218 |
| June 2020 | 1.1% | £229,730 |
| June 2019 | 4% | £227,153 |
| June 2018 | 3.7% | £218,358 |
| June 2017 | 6.3% | £210,628 |
| June 2016 | 3.9% | £198,056 |
| June 2015 | 4.7% | £190,619 |
| June 2014 | 4% | £182,041 |
| June 2013 | -0.5% | £175,031 |
| June 2012 | 0.8% | £175,982 |
| June 2011 | -2.4% | £174,646 |
| June 2010 | 2.1% | £179,023 |
| June 2009 | -7.7% | £175,367 |
| June 2008 | -2.5% | £189,984 |
| June 2007 | 0% | £194,822 |
Rental Market Trends
The current average rental value in the postcode is £1,094.
The PE23 5TA Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,094pcm |
| June 2025 | 5% | £1,061pcm |
| June 2024 | 3.9% | £1,011pcm |
| June 2023 | 5.8% | £974pcm |
| June 2022 | 7.9% | £920pcm |
| June 2021 | 4.8% | £852pcm |
| June 2020 | 1.1% | £813pcm |
| June 2019 | 0.3% | £804pcm |
| June 2018 | 1% | £802pcm |
| June 2017 | 2.2% | £794pcm |
| June 2016 | 2.7% | £777pcm |
| June 2015 | 3.2% | £757pcm |
| June 2014 | 1.8% | £733pcm |
| June 2013 | 1% | £720pcm |
| June 2012 | 0.7% | £713pcm |
| June 2011 | 1.2% | £708pcm |
| June 2010 | 8.3% | £700pcm |
| June 2009 | -3.6% | £646pcm |
| June 2008 | 0.2% | £670pcm |
| June 2007 | 0% | £669pcm |
Sales History
The last sale was on 9th August 2024 for £555,000 and since then the market in the area has decreased by 4.5%. The postcode has had a total of 33 sales since 1995.
PE23 5TA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£555,000 | 4 Bed HouseIringa, Spilsby, PE23 5TAIringa, Spilsby, PE23 5TA
- Sold Mar 2022£365,000 | 4 Bed HouseHighfield Lodge, Spilsby, PE23 5TAHighfield Lodge, Spilsby, PE23 5TA
- Sold Nov 2021£135,000 | 3 Bed HouseHighfield Stables, Spilsby, PE23 5TAHighfield Stables, Spilsby, PE23 5TA
- Sold Aug 2021£115,000 | 2 Bed HouseSouthfield Cottage, Spilsby, PE23 5TASouthfield Cottage, Spilsby, PE23 5TA
- Sold Jun 2021£317,000 | 4 Bed HouseThe Old Post Office, Spilsby, PE23 5TAThe Old Post Office, Spilsby, PE23 5TA
Nearby Postcodes
PE23 5TA is the 718th largest and the 380th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5TQ, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TQ12 Addresses|229 m away
- PE23 5SY, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SY11 Addresses|342 m away
- PE23 5SZ, Beck Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SZ17 Addresses|377 m away
- PE23 5TD, Welton-Le-Marsh, Spilsby, PE23PE23 5TD2 Addresses|721 m away
- PE23 5TH, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TH11 Addresses|722 m away
Property Types
- 10 period houses built between 1800 and 1911
- 8 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 17 other addresses of unknown type
- period house (10)
- modern house (8)
- mid-century house (8)
- Unknown (17)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is E.
- A (0)
- E (12)
- B (0)
- F (3)
- C (2)
- G (0)
- D (9)
- No EPC (17)
Schools Nearby
- St Helena's Church of England Primary Academy, Willoughby3.3 km away
- The St Peter and St Paul C of E Primary School4.6 km away
- Great Steeping Primary School5.5 km away
- John Spendluffe Foundation Technology College7.1 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy7.3 km away
- King Edward VI Academy7.7 km away
More reading links
Public Transport Nearby
The closest station to PE23 5TA is Thorpe Culvert station, which is 8.1 kilometres away.
- Thorpe Culvert|8.1 km away
- Havenhouse|10.1 km away
- Wainfleet|10.2 km away
- Skegness|10.5 km away
