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House Prices in PE11 House Prices in PE11 (Spalding)

The average house price in PE11 (Spalding) is £233,528 using HM Land Registry data.

The average property price increased by £50,705 (28.48%) over the last 5 years and increased by £10,160 (4.23%) over the last 12 months.

Over the last year, there were 480 residential property sales – a decrease of 117 transactions (-24.38%) relative to the previous year. The majority of house sales (114) were in the £172,000 - £224,000 range. Then came properties in the £224,000 - £276,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 193 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,132 (-3%).

In February 2025, there were 130 new estate agency instructions, 92 agreed home sales and 90 property price reductions.

Nearby Postcodes: LN4, LN5, NG32, NG33, NG34, PE1, PE10, PE12, PE13, PE14, PE2, PE20, PE21, PE22, PE3, PE34, PE4, PE5, PE6, PE7, PE8, PE9

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) - February 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
24 Cley Hall Drive, Spalding, Lincolnshire, PE11 2EB£385,000£366,000-£19,00004 Jun 202417 Jan 2025227 Days
143a, Main Road, Quadring, Spalding, Lincolnshire, PE11 4PJ£250,000£245,000-£5,00025 May 202414 Jan 2025234 Days
18 Mariette Way, Spalding, Lincolnshire, PE11 1DT£450,000£440,000-£10,00006 May 202410 Jan 2025249 Days
8 Salem Street, Gosberton, Spalding, Lincolnshire, PE11 4NQ£215,000£215,000£027 Aug 202410 Jan 2025136 Days
18 Livingstone Drive, Spalding, Lincolnshire, PE11 2FS£274,000£274,000£022 Apr 202410 Jan 2025263 Days
10 High Street, Gosberton, Spalding, Lincolnshire, PE11 4NW£260,000£250,000-£10,00031 Aug 202410 Jan 2025132 Days
7 Farrier Way, Spalding, Lincolnshire, PE11 3GG£229,950£225,000-£4,95013 Sep 202409 Jan 2025118 Days
2a, Siltside, Gosberton Risegate, Spalding, Lincolnshire, PE11 4ET£240,000£240,000£011 Mar 202408 Jan 2025303 Days
25 Wardentree Lane, Pinchbeck, Spalding, Lincolnshire, PE11 3UF£265,000£240,000-£25,00020 Sep 202403 Jan 2025105 Days
35 Welbeck Drive, Spalding, Lincolnshire, PE11 1PD£249,995£242,500-£7,49511 Sep 202418 Dec 202498 Days
Garners Cottage, Quadring Bank, Gosberton Westhorpe, Spalding, Lincolnshire, PE11 4LQ£315,000£305,000-£10,00025 Mar 202418 Dec 2024268 Days
137 Queens Road, Spalding, Lincolnshire, PE11 2JH£150,000£145,000-£5,00015 Jul 202418 Dec 2024156 Days
2 Penny Hill Close, Spalding, Lincolnshire, PE11 2DE£290,000£290,000£021 Jun 202418 Dec 2024180 Days
28 Franklin Drive, Spalding, Lincolnshire, PE11 2GF£245,000£240,000-£5,00019 Jun 202418 Dec 2024182 Days
1 High Street, Gosberton, Spalding, Lincolnshire, PE11 4NW£230,000£212,000-£18,00023 Aug 202413 Dec 2024112 Days
58 Wygate Road, Spalding, Lincolnshire, PE11 1NT£189,950£182,000-£7,95015 Aug 202413 Dec 2024120 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

Most Expensive Streets in PE11 (Spalding)

PostcodeStreetAreaAverageNo. of Sales
PE11 2RQCowbit RoadSpalding£631,9995
PE11 4BEBirds Drove, SurfleetSpalding£628,3333
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 3YSMonkshouse CourtSpalding£450,0005
PE11 3ELWoodbank, Deeping St NicholasSpalding£425,0004

Least Expensive Streets in PE11 (Spalding)

PostcodeStreetAreaAverageNo. of Sales
PE11 1GZSwallows Court, Pool CloseSpalding£82,05337
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 1BPChapel LaneSpalding£103,7504
PE11 1UGAbbey House, High Street, SpaldingSpalding£104,6663
PE11 2AADouble StreetSpalding£106,6005
PE11 2TYCygnet CourtSpalding£109,7005

Explore PE11 (Spalding) using map

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