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House Prices in PE12 House Prices in PE12 (Spalding)

The average house price in PE12 (Spalding) is £220,019 using HM Land Registry data.

The average property price increased by £79,568 (25.73%) over the last 5 years and increased by £15,943 (3.89%) over the last 12 months.

Over the last year, there were 449 residential property sales – a decrease of 165 transactions (-36.75%) relative to the previous year. The majority of house sales (104) were in the £186,000 - £242,000 range. Then came properties in the £130,000 - £186,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,900 (-3%).

In Oct 24, there were 130 new estate agency instructions, 85 agreed home sales and 120 property price reductions.

Nearby Postcodes: CB6, LN4, NG34, PE1, PE10, PE11, PE13, PE14, PE15, PE2, PE20, PE21, PE22, PE3, PE30, PE33, PE34, PE38, PE4, PE5, PE6, PE7, PE8, PE9

5-Year Average Property Prices in PE12 (Spalding)

25.73%

Property prices in Spalding increased by 25.73% 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 PE12 (Spalding) Over the Last Year

3.89%

Property prices in Spalding increased by 3.89% 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 PE12 (Spalding) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 PE12 (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 PE12 (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 PE12 (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 PE12 (Spalding) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE12 postcode area since 1995.

Recent Sales in PE12 (Spalding)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Cleveland Close, Spalding, Lincolnshire, PE12 6BE£375,000£370,000-£5,00007 Aug 202423 Aug 202416 Days
29 Parklands, Fleet, Spalding, Lincolnshire, PE12 8NU£260,000£260,000£0029 Aug 202319 Aug 2024356 Days
37 Princes Street, Sutton Bridge, Spalding, Lincolnshire, PE12 9RF£150,000£146,000-£4,00028 Mar 202416 Aug 2024141 Days
22 Tulip Fields, Whaplode, Spalding, Lincolnshire, PE12 6US£425,000£410,000-£15,00028 Mar 202416 Aug 2024141 Days
18 The Hollies, Holbeach, Spalding, Lincolnshire, PE12 7JQ£180,000£180,000£0027 Feb 202409 Aug 2024164 Days
306 Bridge Road, Sutton Bridge, Spalding, Lincolnshire, PE12 9SH£230,000£220,000-£10,00017 May 202431 Jul 202475 Days
6 Washway Road, Holbeach, Spalding, Lincolnshire, PE12 7PE£220,000£217,000-£3,00025 Jan 202431 Jul 2024188 Days
90 Gedney Road, Long Sutton, Spalding, Lincolnshire, PE12 9JU£260,000£240,000-£20,00018 Jan 202430 Jul 2024194 Days
2 Windsor Gardens, Long Sutton, Spalding, Lincolnshire, PE12 9DY£235,000£230,000-£5,00005 Feb 202426 Jul 2024172 Days
14 Gedney Road, Long Sutton, Spalding, Lincolnshire, PE12 9HF£300,000£290,000-£10,00016 Jan 202426 Jul 2024192 Days
31 Delamore Way, Long Sutton, Spalding, Lincolnshire, PE12 9DX£275,000£270,000-£5,00028 Mar 202425 Jul 2024119 Days
27 Needham Drive, Sutton St James, Spalding, Lincolnshire, PE12 0EG£450,000£450,000£0010 Jan 202424 Jul 2024196 Days
27 Sturton Way, Long Sutton, Spalding, Lincolnshire, PE12 9BZ£210,000£190,000-£20,00017 Apr 202423 Jul 202497 Days
1 Churchill Court, Long Sutton, Spalding, Lincolnshire, PE12 9HH£130,000£118,000-£12,00017 Jan 202423 Jul 2024188 Days
133 Little London, Long Sutton, Spalding, Lincolnshire, PE12 9LE£210,000£196,438-£13,56215 Feb 202415 Jul 2024151 Days
22 Stanley Drive, Sutton Bridge, Spalding, Lincolnshire, PE12 9XQ£150,000£150,000£0014 May 202412 Jul 202459 Days
Chapel Lodge, Washway Road, Saracens Head, Spalding, Lincolnshire, PE12 8AY£224,995£220,000-£4,99516 Apr 202412 Jul 202487 Days
114 Hall Gate, Holbeach, Spalding, Lincolnshire, PE12 7HX£220,000£215,000-£5,00019 Sep 202311 Jul 2024296 Days
38 Woad Lane, Long Sutton, Spalding, Lincolnshire, PE12 9EW£180,000£170,500-£9,50017 Jul 202311 Jul 2024360 Days
3 The Tenters, Holbeach, Spalding, Lincolnshire, PE12 7AR£175,000£166,000-£9,00026 Mar 202405 Jul 2024101 Days

Most Expensive Streets in PE12 (Spalding)

PostcodeStreetAreaAverageNo. of Sales
PE12 0PAMole Drove, Gedney HillSpalding£560,1005
PE12 7RZSunflower Close, HolbeachSpalding£493,7504
PE12 6GQGyrwas Grove, WhaplodeSpalding£492,6258
PE12 6RAHigh Road, WestonSpalding£474,5009
PE12 0AHHallgate, GedneySpalding£471,6663
PE12 6GPMacfie Close, Moulton Seas EndSpalding£469,6366
PE12 0XLFengate, Moulton ChapelSpalding£438,1258
PE12 6QTThe Sidings, MoultonSpalding£428,7504
PE12 7LAButtercup Crescent, HolbeachSpalding£422,0005
PE12 6NYWortham Close, MoultonSpalding£412,5004

Least Expensive Streets in PE12 (Spalding)

PostcodeStreetAreaAverageNo. of Sales
PE12 9SBPeacock Court, Sutton BridgeSpalding£80,0003
PE12 9TUThe Quay, Sutton BridgeSpalding£80,4163
PE12 9GYWharf Street, Sutton BridgeSpalding£87,3163
PE12 6LJCoast Guard Cottage, Moulton MarshSpalding£92,6503
PE12 9TWGarners Wharf, Sutton BridgeSpalding£97,3754
PE12 9RLSwapcoat Mews, Long SuttonSpalding£100,8754
PE12 7DWCross Street, HolbeachSpalding£101,5004
PE12 9AASeagate Terrace, Long SuttonSpalding£103,3754
PE12 9BFTaverners Mews, Long SuttonSpalding£107,4086
PE12 7DSChancery Lane, HolbeachSpalding£113,2505

Explore PE12 (Spalding) using map

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