Welton-Le-Marsh, Spilsby - PE23 5TJ
Key Postcode Insights
PE23 5TJ is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 2 addresses.
It ranks as the 135th largest and 605th most expensive of the 750 postcodes in the PE23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £353,733
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £1,296pcm
- 10 Year change
- up 40.6%
- Ave. £ per ft²
- £181/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
PE23 5TJ is a residential postcode situated on Welton-Le-Marsh, Spilsby, PE23 with 2 addresses.
It ranks as the 135th largest and 605th most expensive of the 750 postcodes in the PE23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £353,733
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £1,296pcm
- 10 Year change
- up 40.6%
- Ave. £ per ft²
- £181/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Sales Market Trends
The last sale in PE23 5TJ sold for £308,000 on 13th January 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £353,733.
The PE23 5TJ Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £353,733 |
| June 2025 | -2.1% | £368,726 |
| June 2024 | -1.7% | £376,528 |
| June 2023 | 1.9% | £382,951 |
| June 2022 | 14% | £375,962 |
| June 2021 | 9.8% | £329,762 |
| June 2020 | 0.9% | £300,435 |
| June 2019 | 4.3% | £297,629 |
| June 2018 | 3.9% | £285,273 |
| June 2017 | 6.9% | £274,515 |
| June 2016 | 4.1% | £256,882 |
| June 2015 | 4.7% | £246,834 |
| June 2014 | 3.9% | £235,670 |
| June 2013 | -0.9% | £226,848 |
| June 2012 | 1% | £228,857 |
| June 2011 | -2.6% | £226,664 |
| June 2010 | 2.9% | £232,707 |
| June 2009 | -7.1% | £226,070 |
| June 2008 | -2.2% | £243,229 |
| June 2007 | 0% | £248,808 |
Rental Market Trends
The current average rental value in the postcode is £1,296.
The PE23 5TJ Rental Market has increased by 40.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,296pcm |
| June 2025 | 4.7% | £1,270pcm |
| June 2024 | 3.8% | £1,214pcm |
| June 2023 | 5.9% | £1,169pcm |
| June 2022 | 7.9% | £1,103pcm |
| June 2021 | 5.2% | £1,022pcm |
| June 2020 | 0.9% | £972pcm |
| June 2019 | 0.6% | £963pcm |
| June 2018 | 1.2% | £957pcm |
| June 2017 | 2.7% | £946pcm |
| June 2016 | 2.9% | £921pcm |
| June 2015 | 3.2% | £895pcm |
| June 2014 | 1.7% | £867pcm |
| June 2013 | 0.6% | £853pcm |
| June 2012 | 0.9% | £848pcm |
| June 2011 | 1.1% | £840pcm |
| June 2010 | 9.2% | £831pcm |
| June 2009 | -3% | £761pcm |
| June 2008 | 0.5% | £784pcm |
| June 2007 | 0% | £780pcm |
Sales History
The last sale was on 13th January 2004 for £308,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
PE23 5TJ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PE23 5TJ is the 135th largest and the 605th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5SJ, Welton-Le-Marsh, Spilsby, PE23PE23 5SJ1 Addresses|444 m away
- PE23 5SX, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SX4 Addresses|745 m away
- PE23 5SY, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SY11 Addresses|768 m away
- PE23 5SL, Gunby, Spilsby, PE23PE23 5SL7 Addresses|775 m away
- PE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses|877 m away
Property Types
- 1 modern house built after 1980
- 1 other address of unknown type
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Schools Nearby
- St Helena's Church of England Primary Academy, Willoughby4.0 km away
- The St Peter and St Paul C of E Primary School4.4 km away
- Great Steeping Primary School4.6 km away
- King Edward VI Academy7.0 km away
- John Spendluffe Foundation Technology College7.8 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy7.9 km away
More reading links
Public Transport Nearby
The closest station to PE23 5TJ is Thorpe Culvert station, which is 7.4 kilometres away.
- Thorpe Culvert|7.4 km away
- Wainfleet|9.7 km away
- Havenhouse|9.8 km away
- Skegness|10.5 km away
