According to the public record, 102, Park Road, Spalding is a period leasehold apartment and with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 102, Park Road, Spalding, PE11.
Park Road, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
102, Park Road, Spalding has 31 entries in the Land Registry database, most recently in March 2009 and 3 entries in the EPC database, most recently in March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 102 Park Road Spalding as £77,999 and the rental value as £447 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 102 Park Road Spalding has increased by £3,585 (4.6%) and its rental value has increased by £20 per month (4.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 102, Park Road, Spalding is in very good condition we estimate a sale value of £81,899 and rental value of £469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,539 and a rental value of £415 per month.
If you were able to purchase this property for the estimated value of £77,999, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £383 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 102, Park Road, Spalding was last sold on 13 Mar 2009 for £90,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2009, the market for similar properties has risen 52.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 102, Park Road, Spalding within a radius of 555m over the last 2 years.
The most recent example is 54 Swallows Court, Pool Close, Spalding, PE11 1GZ, a Leasehold flat which sold for £75,000 in May 2024.
Read more about house prices in PE11.
Park Road, Spalding, PE11 has a total of 148 addresses. According to our analysis of all the public data, 102, Park Road, Spalding is the 148th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in PE11.
102, Park Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 102, Park Road, Spalding is Spalding station which is 100 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 102, Park Road, Spalding, 48.4% of property is privately owned outright and 27.4% 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 102, Park Road, Spalding, 11.5% of residents are recorded as possessing school level qualifications and 16.9% 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 102, Park Road, Spalding, 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 102, Park Road, Spalding, 0.3% 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 102, Park Road, Spalding, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.