House Prices in PE11 House Prices in PE11 (Spalding)

The average house price in PE11 (Spalding) is £223,497 using HM Land Registry data.

The average property price increased by £52,881 (28.48%) over the last 5 years and increased by £10,593 (4.23%) over the last 12 months.

Over the last year, there were 477 residential property sales – a decrease of 152 transactions (-31.87%) relative to the previous year. The majority of house sales (116) were in the £174,000 - £228,000 range. Then came properties in the £120,000 - £174,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 142 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,132 (-3%).

In January 2025, there were 124 new estate agency instructions, 69 agreed home sales and 76 property price reductions.

5-Year Average Property Prices in PE11 (Spalding)

28.48%

Property prices in PE11 (Spalding) increased by 28.48% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE11 (Spalding) Over the Last Year

4.23%

Property prices in PE11 (Spalding) increased by 4.23% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PE11 (Spalding) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE11 (Spalding)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE11 (Spalding)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE11 (Spalding)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE11 (Spalding) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE11 postcode area since 1995.

Recent Sales in PE11 (Spalding)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 High Street, Gosberton, Spalding, Lincolnshire, PE11 4NW£230,000£212,000-£18,00023 Aug 202413 Dec 2024112 Days
4 Mallory Drive, Spalding, Lincolnshire, PE11 2FJ£168,995£164,000-£4,99513 Jun 202412 Dec 2024182 Days
8 Paulette Court, Spalding, Lincolnshire, PE11 1RR£155,000£155,000£019 Jun 202410 Dec 2024174 Days
12 The Wende, Spalding, Lincolnshire, PE11 3EG£200,000£190,000-£10,00031 May 202406 Dec 2024189 Days
75 Halmer Gate, Spalding, Lincolnshire, PE11 2EL£235,750£225,000-£10,75014 Feb 202405 Dec 2024295 Days
23 Heathfield Avenue, Spalding, Lincolnshire, PE11 2PT£335,000£327,500-£7,50024 Jul 202429 Nov 2024128 Days
12 Mariette Way, Spalding, Lincolnshire, PE11 1DT£430,000£400,000-£30,00019 Mar 202429 Nov 2024255 Days
3 Blue Gowt Drove, Spalding, Lincolnshire, PE11 3PX£290,000£290,000£024 Jun 202429 Nov 2024158 Days
7 Lucerne Close, Spalding, Lincolnshire, PE11 3GE£375,000£375,000£022 Aug 202428 Nov 202498 Days
23 Ash Court, Donington, Spalding, Lincolnshire, PE11 4XJ£225,000£217,500-£7,50002 Aug 202426 Nov 2024116 Days
10 Hay Barn Road, Deeping St Nicholas, Spalding, Lincolnshire, PE11 3EJ£280,000£274,000-£6,00031 May 202425 Nov 2024178 Days
5 Harpe Close, Pinchbeck, Spalding, Lincolnshire, PE11 3RX£280,000£267,500-£12,50018 Apr 202422 Nov 2024218 Days
17 Stockhouse Lane, Surfleet, Spalding, Lincolnshire, PE11 4AR£134,950£125,000-£9,95002 May 202422 Nov 2024204 Days
5 Plough Row, Deeping St Nicholas, Spalding, Lincolnshire, PE11 3EW£160,000£150,000-£10,00007 Feb 202422 Nov 2024289 Days
11 Ambleside Drive, Spalding, Lincolnshire, PE11 1JU£294,995£285,000-£9,99503 Sep 202421 Nov 202479 Days
53 Poachers Gate, Pinchbeck, Spalding, Lincolnshire, PE11 3JP£185,000£177,000-£8,00008 Jun 202414 Nov 2024159 Days
4 Calderdale Drive, Spalding, Lincolnshire, PE11 1QE£549,950£530,000-£19,95003 Apr 202414 Nov 2024225 Days
21 Rutland Gardens, Gosberton, Spalding, Lincolnshire, PE11 4HR£350,000£330,000-£20,00005 Mar 202413 Nov 2024253 Days
36 Poachers Gate, Pinchbeck, Spalding, Lincolnshire, PE11 3JP£200,000£186,000-£14,00015 Apr 202401 Nov 2024200 Days
3 Holyrood Walk, Spalding, Lincolnshire, PE11 2RY£209,950£200,000-£9,95005 Jun 202430 Oct 2024147 Days

Most Expensive Streets in PE11 (Spalding)

PostcodeStreetAreaAverageNo. of Sales
PE11 4BEBirds Drove, SurfleetSpalding£628,3333
PE11 2RQCowbit RoadSpalding£553,4156
PE11 4PBGosberton Bank, GosbertonSpalding£526,1005
PE11 4DHReservoir Road, SurfleetSpalding£490,0756
PE11 3GRHall Gardens, PinchbeckSpalding£482,20010
PE11 4JFCheal Road, GosbertonSpalding£475,0003
PE11 4BWHungate Lane, SurfleetSpalding£468,3333
PE11 3EZMiles BankSpalding£460,0003
PE11 4EZRisegate Road, GosbertonSpalding£453,9005
PE11 3YSMonkshouse CourtSpalding£450,0005

Least Expensive Streets in PE11 (Spalding)

PostcodeStreetAreaAverageNo. of Sales
PE11 1GZSwallows Court, Pool CloseSpalding£82,52440
PE11 1XHBeechams MewsSpalding£83,1663
PE11 3XQFlaxmill Lane, PinchbeckSpalding£83,8333
PE11 2EGGrange Court, Grange DriveSpalding£92,8754
PE11 2QTGeorgian CourtSpalding£94,11326
PE11 1BNGore LaneSpalding£98,5003
PE11 1UGAbbey House, High Street, SpaldingSpalding£98,5004
PE11 1BPChapel LaneSpalding£103,7504
PE11 2AADouble StreetSpalding£106,6005
PE11 2TYCygnet CourtSpalding£109,7005

Explore PE11 (Spalding) using map