Our Data Sources
261, Pennygate, Spalding has a single entry in the Land Registry from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 261, Pennygate, Spalding would be worth £220,793, with a potential rental value of £1,129 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £195,559, with a rental value of £1,000 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
261, Pennygate, Spalding occupies a 395 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the largest.
Sold Prices
261, Pennygate, Spalding last changed hands on 21st September 2007, selling for £133,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 54.6% since September 2007.
- Sold Sep 2007£133,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 164 sales of comparable properties within 540 metres of 261, Pennygate, Spalding since 2007.
Most recently, 21, Bourne Road, Spalding, PE11 1JN, a freehold house, sold at £220,000 on the 28th November 2025.
Read more about house prices in PE11.
- Sold Nov 2025£220,000 | 3 Bed House21, Bourne Road, Spalding, PE11 1JN21, Bourne Road, Spalding, PE11 1JN
- Sold Nov 2025£110,000 | 3 Bed House54, Bourne Road, Spalding, PE11 1JW54, Bourne Road, Spalding, PE11 1JW
- Sold Aug 2025£175,000 | 3 Bed House323, Pennygate, Spalding, PE11 1LQ323, Pennygate, Spalding, PE11 1LQ
- Sold Jul 2025£200,000 | 3 Bed House3 Delft Court, Horseshoe Road, Spalding, PE11 3HS3 Delft Court, Horseshoe Road, Spalding, PE11 3HS
- Sold Dec 2024£220,000 | 4 Bed House46, Carrington Road, Spalding, PE11 1LY46, Carrington Road, Spalding, PE11 1LY
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £205,572, ranging from £164,121 to £387,160.
- 259 Pennygate
3 Bed House | 10 m | Est. Value: £179,181
- 263 Pennygate
3 Bed House | 16 m | Est. Value: £175,777
- 257 Pennygate
3 Bed House | 18 m | Est. Value: £185,810
- 255 Pennygate
3 Bed House | 26 m | Est. Value: £194,314
- 1 Third Avenue
3 Bed House | 32 m | Est. Value: £164,121
Location Comparison
Our analysis of the public data ranks 261, Pennygate, Spalding as the 43rd largest and the 53rd most expensive of the 249 addresses on Pennygate, Spalding, PE11.
Against the PE11 postcode district average, it is £11k less expensive than the typical property.
More reading links
Schools Nearby
- Monkshouse Primary Academy300 m away
- Wygate Park Academy500 m away
- St Norbert's Catholic Voluntary Academy700 m away
- Spalding Grammar School1.2 km away
- Spalding High School1.9 km away
- Spalding Academy2.2 km away
More reading links
Public Transport Nearby
- Spalding|900 m away
- Swineshead|20.4 km away
- Hubberts Bridge|21.4 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Medium risk of flooding.












