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PE11 local market report Spalding

Every figure on this page comes from the public record: 29,159 sales registered with HM Land Registry in PE11 (Spalding) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

PE11 is the postcode district covering Spalding (most of), Deeping St. Nicholas, Donington in Spalding. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where PE11 sits

Click the map to open PE11 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

PE6PE10PE20PE4PE1PE21PE12PE3NG34PE2PE5PE13PE9PE22NG33PE14NG31NG32PE34LE15PE11
£200,000median sold price, 2026
-1%five-year change (cash)
702sales in the last 12 months
4.6%gross rental yield (est.)

What a home in PE11 sells for

The 2026 median in PE11 is £200,000, from 223 registered sales; the mean, £228,000, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so PE11 trades 27% below the country as a whole.

The price of a typical PE11 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £45,000 at the time · £95,538 in today's money · 691 sales1996: £45,000 at the time · £92,687 in today's money · 887 sales1997: £48,500 at the time · £97,141 in today's money · 1,057 sales1998: £52,000 at the time · £102,514 in today's money · 1,036 sales1999: £54,800 at the time · £106,663 in today's money · 1,056 sales2000: £63,000 at the time · £120,750 in today's money · 984 sales2001: £74,000 at the time · £138,939 in today's money · 1,181 sales2002: £85,000 at the time · £156,192 in today's money · 1,361 sales2003: £105,000 at the time · £188,918 in today's money · 1,204 sales2004: £125,000 at the time · £221,722 in today's money · 1,144 sales2005: £131,800 at the time · £229,073 in today's money · 1,044 sales2006: £136,000 at the time · £230,565 in today's money · 1,169 sales2007: £145,000 at the time · £240,216 in today's money · 1,343 sales2008: £135,000 at the time · £216,125 in today's money · 626 sales2009: £130,000 at the time · £204,096 in today's money · 604 sales2010: £132,700 at the time · £203,248 in today's money · 592 sales2011: £125,000 at the time · £184,295 in today's money · 586 sales2012: £135,000 at the time · £194,063 in today's money · 606 sales2013: £136,000 at the time · £191,120 in today's money · 789 sales2014: £145,000 at the time · £200,904 in today's money · 926 sales2015: £152,500 at the time · £210,450 in today's money · 945 sales2016: £158,000 at the time · £215,881 in today's money · 910 sales2017: £167,500 at the time · £223,118 in today's money · 909 sales2018: £175,500 at the time · £228,481 in today's money · 862 sales2019: £181,500 at the time · £232,347 in today's money · 926 sales2020: £190,000 at the time · £240,771 in today's money · 823 sales2021: £203,000 at the time · £251,022 in today's money · 1,257 sales2022: £220,500 at the time · £252,523 in today's money · 993 sales2023: £223,200 at the time · £239,515 in today's money · 746 sales2024: £225,000 at the time · £233,634 in today's money · 823 sales2025: £216,500 at the time · £216,500 in today's money · 856 sales2026: £200,000 at the time · £200,000 in today's money · 223 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£200,000£200,000223
2025£216,500£216,500856
2024£225,000£233,634823
2023£223,200£239,515746
2022£220,500£252,523993
2021£203,000£251,0221,257
2020£190,000£240,771823
2019£181,500£232,347926
2018£175,500£228,481862
2017£167,500£223,118909
2016£158,000£215,881910
2015£152,500£210,450945
2014£145,000£200,904926
2013£136,000£191,120789
2012£135,000£194,063606
2011£125,000£184,295586
2010£132,700£203,248592
2009£130,000£204,096604
2008£135,000£216,125626
2007£145,000£240,2161,343
2006£136,000£230,5651,169
2005£131,800£229,0731,044
2004£125,000£221,7221,144
2003£105,000£188,9181,204
2002£85,000£156,1921,361
2001£74,000£138,9391,181
2000£63,000£120,750984
1999£54,800£106,6631,056
1998£52,000£102,5141,036
1997£48,500£97,1411,057
1996£45,000£92,687887
1995£45,000£95,538691

In cash terms the typical PE11 home went from £45,000 in 1995 to £200,000 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 109%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 21% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the PE11 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+25% -25% 0% 1996 · +0.0% on the year before1997 · +7.8% on the year before1998 · +7.2% on the year before1999 · +5.4% on the year before2000 · +15.0% on the year before2001 · +17.5% on the year before2002 · +14.9% on the year before2003 · +23.5% on the year before2004 · +19.0% on the year before2005 · +5.4% on the year before2006 · +3.2% on the year before2007 · +6.6% on the year before2008 · −6.9% on the year before2009 · −3.7% on the year before2010 · +2.1% on the year before2011 · −5.8% on the year before2012 · +8.0% on the year before2013 · +0.7% on the year before2014 · +6.6% on the year before2015 · +5.2% on the year before2016 · +3.6% on the year before2017 · +6.0% on the year before2018 · +4.8% on the year before2019 · +3.4% on the year before2020 · +4.7% on the year before2021 · +6.8% on the year before2022 · +8.6% on the year before2023 · +1.2% on the year before2024 · +0.8% on the year before2025 · −3.8% on the year before2026 · −7.6% on the year before200020052010201520202026

The strongest year on record here is 2003 (+23.5% on the year before); the weakest, 2026 (−7.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−7.6%−7.6%
5 years (since 2021)−0.3%−4.4%
10 years (since 2016)+2.4%−0.8%
20 years (since 2006)+1.9%−0.7%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

1,0002,000 1995: 691 sales1996: 887 sales1997: 1,057 sales1998: 1,036 sales1999: 1,056 sales2000: 984 sales2001: 1,181 sales2002: 1,361 sales2003: 1,204 sales2004: 1,144 sales2005: 1,044 sales2006: 1,169 sales2007: 1,343 sales2008: 626 sales2009: 604 sales2010: 592 sales2011: 586 sales2012: 606 sales2013: 789 sales2014: 926 sales2015: 945 sales2016: 910 sales2017: 909 sales2018: 862 sales2019: 926 sales2020: 823 sales2021: 1,257 sales2022: 993 sales2023: 746 sales2024: 823 sales2025: 856 sales2026: 223 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

100200 June 2021 · 170 sales registeredJuly 2021 · 101 sales registeredAugust 2021 · 91 sales registeredSeptember 2021 · 165 sales registeredOctober 2021 · 71 sales registeredNovember 2021 · 78 sales registeredDecember 2021 · 99 sales registeredJanuary 2022 · 66 sales registeredFebruary 2022 · 69 sales registeredMarch 2022 · 80 sales registeredApril 2022 · 83 sales registeredMay 2022 · 80 sales registeredJune 2022 · 88 sales registeredJuly 2022 · 86 sales registeredAugust 2022 · 87 sales registeredSeptember 2022 · 95 sales registeredOctober 2022 · 76 sales registeredNovember 2022 · 89 sales registeredDecember 2022 · 94 sales registeredJanuary 2023 · 67 sales registeredFebruary 2023 · 66 sales registeredMarch 2023 · 71 sales registeredApril 2023 · 45 sales registeredMay 2023 · 42 sales registeredJune 2023 · 62 sales registeredJuly 2023 · 66 sales registeredAugust 2023 · 82 sales registeredSeptember 2023 · 58 sales registeredOctober 2023 · 57 sales registeredNovember 2023 · 63 sales registeredDecember 2023 · 67 sales registeredJanuary 2024 · 61 sales registeredFebruary 2024 · 53 sales registeredMarch 2024 · 68 sales registeredApril 2024 · 57 sales registeredMay 2024 · 80 sales registeredJune 2024 · 72 sales registeredJuly 2024 · 70 sales registeredAugust 2024 · 78 sales registeredSeptember 2024 · 55 sales registeredOctober 2024 · 83 sales registeredNovember 2024 · 80 sales registeredDecember 2024 · 66 sales registeredJanuary 2025 · 62 sales registeredFebruary 2025 · 80 sales registeredMarch 2025 · 120 sales registeredApril 2025 · 42 sales registeredMay 2025 · 73 sales registeredJune 2025 · 71 sales registeredJuly 2025 · 70 sales registeredAugust 2025 · 67 sales registeredSeptember 2025 · 57 sales registeredOctober 2025 · 82 sales registeredNovember 2025 · 69 sales registeredDecember 2025 · 63 sales registeredJanuary 2026 · 47 sales registeredFebruary 2026 · 53 sales registeredMarch 2026 · 57 sales registeredApril 2026 · 45 sales registeredMay 2026 · 21 sales registered

PE11 recorded 702 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,179 sales a year before the financial crisis and 728 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around PE11

PE11 falls under South Holland, where the ONS puts the average private rent at £762 a month (May 2026 figures). A one-bed averages £583 a month here and a four-or-more-bed £1,174, so size does most of the work in setting the rent.

Average monthly rent by size, South Holland

ONS Price Index of Private Rents, May 2026.

1 bed: £583 a month£5831 bed2 bed: £727 a month£7272 bed3 bed: £887 a month£8873 bed4+ bed: £1,174 a month£1,1744+ bed

Set against the £200,000 median sold price, £762 a month is £9,144 a year, a gross yield of 4.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will PE11 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 20% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

PE11 ranks 31 of 35 in the PE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, PE area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

PE5PE5 · +60% over five years · median £700,200+60%PE33PE33 · +22% over five years · median £280,000+22%PE26PE26 · +19% over five years · median £315,000+19%PE4PE4 · +15% over five years · median £230,000+15%PE24PE24 · +14% over five years · median £211,000+14%PE11PE11 · −1% over five years · median £200,000−1%PE28PE28 · −6% over five years · median £325,000−6%PE21PE21 · −8% over five years · median £149,500−8%PE23PE23 · −10% over five years · median £214,800−10%PE3PE3 · −12% over five years · median £195,000−12%

Inside PE11, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
PE11 1£175,00047
PE11 2£171,00053
PE11 3£232,50080
PE11 4£220,00041
PE11 5£375,00027

How PE11 compares nearby

Same city, different markets. The neighbouring districts of the PE area, dearest first:

DistrictMedian5-year
PE5£700,200+60%
PE8£342,500+1%
PE36£336,200+11%
PE31£330,000+7%
PE9£327,500-1%
PE28£325,000-6%
PE26£315,000+19%
PE27£311,000+7%
PE19£297,500-1%
PE32£292,500+1%
PE29£286,200+8%
PE34£285,000+14%
PE14£281,000+10%
PE33£280,000+22%
PE6£272,500+9%
PE10£260,000+13%
PE37£259,000+6%
PE38£248,000+9%
PE7£245,000+4%
PE12£245,000+9%
PE22£236,000+9%
PE15£231,000+1%
PE4£230,000+15%
PE20£230,000+11%

Dig further

See every individual PE11 sale on the live map, mapped to the exact address, or the quick-reference PE11 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.