Buying a home in PE12, Spalding. What it costs, what you get and where else to look.

Typical 3-bedroom house£238kmost £195k–£281k
Houses per m²£2,518flats £1,641
Sold last year3452,423 in five years
Prices in South Holland+3.8%on a year ago

A typical 3-bedroom house in PE12 sold for £238,248 over the last five years, in today's money; most went for between £195,107 and £281,225, for about 93 m² of space. That is 3% more than the same home across Spalding (£231,000).

345 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £79k for one bedroom. Within the district, houses cost the least per m² in PE12 9 (£2,446) and the most in PE12 6 (£2,585).

Across South Holland, prices are up 3.8% on a year ago and up 9.7% over five years. Renting a similar home there costs about £902 a month; a 90% mortgage on the typical price would be around £1,086 a month at 4.5% over 30 years. Lenders would typically want a household income of about £48,000 for that mortgage: what £50,000 buys.

Plan your purchase in PE12See what you can afford, compare homes on what they really cost, and read your survey in plain English. Free.

House prices in PE12 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£122,105£100k–£159k44 m²27
2£183,464£153k–£222k68 m²676
3£238,248£195k–£281k93 m²1,080
4£300,210£249k–£350k123 m²303
5+£363,708£311k–£450k163 m²313

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£122k£183k£238k£300k£364k
Detached—£222k£264k£316k£375k
Semi-detached£147k£172k£196k£213k£286k
Terraced£100k£134k£169k£180k—
Flats£79k£86k———

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across PE12

Postcode sectorHousesFlats
PE12 0£2,528—
PE12 6£2,585—
PE12 7£2,506£1,908
PE12 8£2,553—
PE12 9£2,446£1,595

Schools near PE12

Best state secondary within 5 kmUniversity Academy Holbeach23.8% got grade 5+ in English and maths · England 43.8%1 state secondaries within 5 km

Nearby areas

Questions about PE12

Is PE12 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 3% more than across Spalding; prices in South Holland are up 3.8% on a year ago; the best secondary is below it (23.8% against 43.8%); 345 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in PE12?

A typical 3-bedroom house in PE12 sold for £238,248 over the last five years, in today's money. Most sold between £195,107 and £281,225.

Is PE12 expensive for Spalding?

A 3-bedroom house in PE12 costs 3% more than the typical 3-bedroom house across Spalding (£231,000).

How many homes sell in PE12 each year?

345 homes sold in the last year and 2,423 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.

Where is cheaper near PE12?

For a 3-bedroom house, PE21 (£179k, 21 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.