Welton-Le-Marsh, Spilsby - PE23 5TD
Key Postcode Insights
PE23 5TD is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 2 addresses.
It ranks as the 133rd largest and 500th 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 2 properties: 2 houses.
- Ave. Sale Price
- £296,389
- 10 Year change
- up 37.6%
- Ave. Rental Price
- £1,046pcm
- 10 Year change
- up 40.5%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
PE23 5TD is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 2 addresses.
It ranks as the 133rd largest and 500th 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 2 properties: 2 houses.
- Ave. Sale Price
- £296,389
- 10 Year change
- up 37.6%
- Ave. Rental Price
- £1,046pcm
- 10 Year change
- up 40.5%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin PE23 5TD
Sales Market Trends
The last sale in PE23 5TD sold for £4,000 on 2nd December 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £296,389.
The PE23 5TD Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £296,389 |
| June 2025 | -1.9% | £305,700 |
| June 2024 | -1.6% | £311,685 |
| June 2023 | 1.7% | £316,848 |
| June 2022 | 13.8% | £311,421 |
| June 2021 | 9.4% | £273,566 |
| June 2020 | 1.1% | £250,110 |
| June 2019 | 3.9% | £247,381 |
| June 2018 | 3.8% | £238,119 |
| June 2017 | 6.5% | £229,435 |
| June 2016 | 3.9% | £215,463 |
| June 2015 | 4.6% | £207,381 |
| June 2014 | 3.9% | £198,331 |
| June 2013 | -0.4% | £190,938 |
| June 2012 | 0.4% | £191,610 |
| June 2011 | -2.3% | £190,764 |
| June 2010 | 2.2% | £195,175 |
| June 2009 | -7.8% | £190,900 |
| June 2008 | -2.5% | £207,073 |
| June 2007 | 0% | £212,281 |
Rental Market Trends
The current average rental value in the postcode is £1,046.
The PE23 5TD Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,046pcm |
| June 2025 | 4.8% | £1,015pcm |
| June 2024 | 3.9% | £968pcm |
| June 2023 | 5.8% | £932pcm |
| June 2022 | 7.8% | £881pcm |
| June 2021 | 4.8% | £817pcm |
| June 2020 | 1.1% | £779pcm |
| June 2019 | 0.2% | £771pcm |
| June 2018 | 1.1% | £770pcm |
| June 2017 | 2.3% | £762pcm |
| June 2016 | 2.7% | £744pcm |
| June 2015 | 3.1% | £725pcm |
| June 2014 | 1.7% | £703pcm |
| June 2013 | 1.1% | £692pcm |
| June 2012 | 0.4% | £684pcm |
| June 2011 | 1.4% | £681pcm |
| June 2010 | 8.5% | £672pcm |
| June 2009 | -3.8% | £619pcm |
| June 2008 | 0.3% | £643pcm |
| June 2007 | 0% | £642pcm |
Sales History
The last sale was on 2nd December 2025 for £4,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 4 sales since 1995.
PE23 5TD has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£4,000 | 3 Bed HouseRailway Cottage, Spilsby, PE23 5TDRailway Cottage, Spilsby, PE23 5TD
- Sold Mar 2025£290,000 | 3 Bed HouseRailway Cottage, Spilsby, PE23 5TDRailway Cottage, Spilsby, PE23 5TD
- Sold Aug 2005£200,000 | 3 Bed HouseOld Wells Cottage, Spilsby, PE23 5TDOld Wells Cottage, Spilsby, PE23 5TD
- Sold Aug 1995£12,000 | 3 Bed HouseRailway Cottage, Spilsby, PE23 5TDRailway Cottage, Spilsby, PE23 5TD
Nearby Postcodes
PE23 5TD is the 133rd largest and the 500th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5TG, Welton-Le-Marsh, Spilsby, PE23PE23 5TG4 Addresses|512 m away
- PE23 5TQ, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TQ12 Addresses|584 m away
- PE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses|721 m away
- PE23 5TE, Welton-Le-Marsh, Spilsby, PE23PE23 5TE2 Addresses|799 m away
- PE23 5TH, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TH11 Addresses|864 m away
Property Types
- 2 period houses built between 1800 and 1911
- period house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- St Helena's Church of England Primary Academy, Willoughby3.1 km away
- The St Peter and St Paul C of E Primary School4.6 km away
- Great Steeping Primary School6.1 km away
- John Spendluffe Foundation Technology College7.0 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy7.3 km away
- King Edward VI Academy8.4 km away
More reading links
Public Transport Nearby
The closest station to PE23 5TD is Thorpe Culvert station, which is 8.4 kilometres away.
- Thorpe Culvert|8.4 km away
- Skegness|10.1 km away
- Havenhouse|10.1 km away
- Wainfleet|10.4 km away
