PE11 1PD is a residential postcode located on Welbeck Drive, Spalding, PE11. It is the 1028th largest postcode in the PE11 area.
It contains 36 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £262,281. Sales values have increased in the last 12 months by 0.7% and Rental values have increased by 0.6%.
Property sale values range from £196,116 for a freehold house, with 3 bedrooms split across 786 square feet of gross internal area and has a garden to £295,497 for a freehold house, with 4 bedrooms split across 1,647 square feet of gross internal area and has a garden.
Average £/ft2 for properties in PE11 1PD is £198/ft2.
Properties achieve a rental yield of between 4.9% and 5.4%, and rental values range from £886 to £1,215 per month.
The last sale was 10 Nov 2022 for £205,000 and since then the market in the area as increased by -4.8%. The postcode has had a total of 4 sales since 1995.
PE11 1PD has seen 4 sales in the last three years and no sales in the last twelve months.
PE11 1PD is the 1028th largest and the 825th most expensive postcode out of the 1,203 postcodes in the PE11 area.
PE11 1PD is a residential postcode located on Welbeck Drive, Spalding, PE11 with 36 houses within its bounds.
The most common property type in PE11 1PD is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to PE11 1PD is Spalding station which is 300 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PE11 1PD, 44.8% of property is privately owned with a mortgage and 38.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE11 1PD, 17.4% of residents are recorded as possessing school level qualifications and 26.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE11 1PD, the average age was 40.1 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE11 1PD, 1.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE11 1PD, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.