PE11 2JY is a residential postcode located on Severn Road, Spalding, PE11. It is the 799th largest postcode in the PE11 area.
It contains 20 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £131,965. Sales values have increased in the last 12 months by 3.9% and Rental values have increased by 3.7%.
Property sale values range from £125,020 for a leasehold flat, with 2 bedrooms split across 689 square feet of gross internal area and has no outside space to £146,918 for a leasehold flat, with 3 bedrooms split across 954 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in PE11 2JY is £170/ft2.
Properties achieve a rental yield of between 4.5% and 4.9%, and rental values range from £506 to £568 per month.
The last sale was 30 Jul 2021 for £120,000 and since then the market in the area as increased by 10.6%. The postcode has had a total of 4 sales since 1995.
PE11 2JY has seen 1 sale in the last three years and no sales in the last twelve months.
PE11 2JY is the 799th largest and the 110th most expensive postcode out of the 1,203 postcodes in the PE11 area.
PE11 2JY is a residential postcode located on Severn Road, Spalding, PE11 with 20 flats within its bounds.
The most common property type in PE11 2JY is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to PE11 2JY is Spalding station which is 1.6 km 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 2JY, 62.8% of property is socially rented and 17.5% is privately rented.
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 2JY, 12.7% of residents are recorded as possessing school level qualifications and 9.8% 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 2JY, the average age was 42.5 and the most common age was 52.
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 2JY, 0.0% 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 2JY, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.