Welton-Le-Marsh, Spilsby - PE23 5TE
Key Postcode Insights
PE23 5TE is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 2 addresses.
It ranks as the 134th largest and 231st 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
- £196,015
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £858pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
PE23 5TE is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 2 addresses.
It ranks as the 134th largest and 231st 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
- £196,015
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £858pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin PE23 5TE
Sales Market Trends
The current average value in the postcode is £196,015.
The PE23 5TE Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £196,015 |
| June 2025 | -1.3% | £197,785 |
| June 2024 | -1.6% | £200,367 |
| June 2023 | 1.5% | £203,548 |
| June 2022 | 13.9% | £200,535 |
| June 2021 | 8.5% | £175,988 |
| June 2020 | 1.5% | £162,212 |
| June 2019 | 3.3% | £159,764 |
| June 2018 | 3.2% | £154,654 |
| June 2017 | 5.3% | £149,856 |
| June 2016 | 3.5% | £142,273 |
| June 2015 | 4.6% | £137,405 |
| June 2014 | 4.2% | £131,385 |
| June 2013 | 0.3% | £126,112 |
| June 2012 | 0.2% | £125,764 |
| June 2011 | -2% | £125,549 |
| June 2010 | 0.4% | £128,147 |
| June 2009 | -9.1% | £127,642 |
| June 2008 | -3% | £140,362 |
| June 2007 | 0% | £144,646 |
Rental Market Trends
The current average rental value in the postcode is £858.
The PE23 5TE Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £858pcm |
| June 2025 | 5.5% | £814pcm |
| June 2024 | 3.9% | £772pcm |
| June 2023 | 5.6% | £742pcm |
| June 2022 | 7.9% | £703pcm |
| June 2021 | 4% | £652pcm |
| June 2020 | 1.5% | £627pcm |
| June 2019 | -0.4% | £617pcm |
| June 2018 | 0.5% | £620pcm |
| June 2017 | 1.2% | £617pcm |
| June 2016 | 2.4% | £609pcm |
| June 2015 | 3.1% | £595pcm |
| June 2014 | 2% | £578pcm |
| June 2013 | 1.8% | £566pcm |
| June 2012 | 0.1% | £556pcm |
| June 2011 | 1.7% | £556pcm |
| June 2010 | 6.5% | £547pcm |
| June 2009 | -5.1% | £513pcm |
| June 2008 | -0.3% | £541pcm |
| June 2007 | 0% | £542pcm |
Nearby Postcodes
PE23 5TE is the 134th largest and the 231st most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5TG, Welton-Le-Marsh, Spilsby, PE23PE23 5TG4 Addresses|527 m away
- PE23 5TD, Welton-Le-Marsh, Spilsby, PE23PE23 5TD2 Addresses|799 m away
- PE23 5SW, Orby, Spilsby, PE23PE23 5SW15 Addresses|975 m away
- PE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses|1.1 km away
- PE23 5TQ, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TQ12 Addresses|1.2 km away
Property Types
- 1 period house built between 1800 and 1911
- 1 other address of unknown type
- period house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearby
- The St Peter and St Paul C of E Primary School3.7 km away
- St Helena's Church of England Primary Academy, Willoughby4.0 km away
- Great Steeping Primary School5.7 km away
- John Spendluffe Foundation Technology College7.9 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy8.2 km away
- King Edward VI Academy8.5 km away
More reading links
Public Transport Nearby
The closest station to PE23 5TE is Thorpe Culvert station, which is 7.6 kilometres away.
- Thorpe Culvert|7.6 km away
- Havenhouse|9.2 km away
- Skegness|9.3 km away
- Wainfleet|9.6 km away
