# PE11 1BF Area Summary
The PE11 1BF postcode covers part of Spalding in Lincolnshire, a historic market town in the South Holland district. With 57 properties and an average price of £141,862, this area represents exceptional value compared to the national average, offering affordable housing options that are particularly attractive to first-time buyers, families seeking more space, and investors. The pricing reflects the town's position as a regional centre in the Fens, where property values remain substantially below those found in nearby urban centres such as Peterborough or cities further afield.
Spalding's property market benefits from the town's strong agricultural heritage and practical amenities, including good transport links via the A16 and rail connections to Peterborough. The area around PE11 1BF typically features a mix of traditional Victorian and Edwardian terraces alongside post-war housing developments, providing diverse options for buyers. The town's ongoing regeneration efforts and its role as a commercial hub for the surrounding rural area contribute to steady, if modest, demand for residential property, making this an accessible entry point to the property ladder in the East Midlands.
The average house price in PE11 1BF, Spalding is £141,862. Prices range from £96,000 to £229,995.
There are 57 properties in PE11 1BF, Spalding.
PE11 1BF contains 38 terraced properties, 12 semi-detached properties, 7 detached properties.
Average house prices in PE11 1BF have risen by 19.1% from £130,135 in 2006 to £155,000 in 2015.
PE11 1BF is located in Spalding, Lincolnshire, England.