According to the public record, 126, Park Road, Spalding is a period freehold house and with 764 ft2 of internal area and sits on a 267 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
126, Park Road, Spalding has 41 entries in the Land Registry database, most recently in July 2021 and 2 entries in the EPC database, most recently in April 2015.
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 126 Park Road Spalding as £149,318 and the rental value as £765 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 126 Park Road Spalding has increased by £1,671 (1.1%) and its rental value has increased by £7 per month (1.0%).
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 126, Park Road, Spalding is in very good condition we estimate a sale value of £156,784 and rental value of £804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,866 and a rental value of £712 per month.
If you were able to purchase this property for the estimated value of £149,318, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £734 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 data from HM Land Registry, 126, Park Road, Spalding sits on a plot of 267m2.
We have plot size data on 34 out of 59 other houses in the postcode and 126, Park Road, Spalding sits on the 11th largest plot.
According to HM Land Registry, 126, Park Road, Spalding was last sold on 07 Jul 2021 for £143,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 126, Park Road, Spalding within a radius of 117m over the last 2 years.
The most recent example is 9, Pennygate, Spalding, PE11 1NL, a Freehold house which sold for £134,000 in Aug 2023.
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, 126, Park Road, Spalding is the 129th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in PE11.
126, Park Road, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Apr 2015.
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 126, Park Road, Spalding is Spalding station which is 300 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 126, 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 126, 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 126, 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 126, 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 126, 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.