2.9% Below average
Rental Yield in PE23 — SPILSBY
Rent data based on East Lindsey local authority median. Our methodology
Below average ↓ below East Midlands average (3.5%)
· ↓ below England average (3.6%)
£235,000
Median Price
£575
Monthly Rent
2.9%
Gross Yield
429
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £293,000 | 242 |
| Semi-detached | £167,750 | 74 |
| Terraced | £146,250 | 56 |
| Flat | £142,500 | 17 |
| Other | £244,500 | 40 |
Compare Nearby Postcodes
Compare PE23 side by side →PE23 is part of East Lindsey. View all postcode districts in East Lindsey.
Frequently Asked Questions
What is the rental yield in PE23?
PE23 has a gross rental yield of 2.9%. The median property price is £235,000 with typical monthly rents of £575, based on Land Registry and VOA data.
Is PE23 a good area for buy-to-let?
PE23 yields 2.9%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in East Lindsey for alternatives.
What is the median property price in PE23?
The median property price in PE23 is £235,000, based on 429 Land Registry transactions over 3 years. This compares to £216,500 across East Lindsey as a whole.
Data updated quarterly · Last update: Q1 2026