According to the public record, 13, Palin Drive, Spalding is a modern freehold house and with 1,119 ft2 of internal area and sits on a 195 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Palin Drive, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
13, Palin Drive, Spalding has 2 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated October 2018.
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 13 Palin Drive Spalding as £194,416 and the rental value as £928 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 13 Palin Drive Spalding has increased by £1,959 (1.0%) and its rental value has increased by £8 per month (0.9%).
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 13, Palin Drive, Spalding is in very good condition we estimate a sale value of £204,137 and rental value of £974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,807 and a rental value of £863 per month.
If you were able to purchase this property for the estimated value of £194,416, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £955 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, 13, Palin Drive, Spalding sits on a plot of 195m2.
We have plot size data on 6 out of 6 other houses in the postcode and 13, Palin Drive, Spalding sits on the largest plot.
According to HM Land Registry, 13, Palin Drive, Spalding was last sold on 19 Feb 2024 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2024, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Palin Drive, Spalding within a radius of 167m over the last 2 years.
The most recent example is 34, South Parade, Spalding, PE11 2YJ, a Freehold house which sold for £215,000 in Jul 2022.
Read more about house prices in PE11.
Palin Drive, Spalding, PE11 has a total of 7 addresses. According to our analysis of all the public data, 13, Palin Drive, Spalding is the largest and the most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in PE11.
13, Palin Drive, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2018.
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 13, Palin Drive, Spalding is Spalding station which is 700 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 13, Palin Drive, Spalding, 64.0% of property is privately rented and 24.0% is privately owned with a mortgage.
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 13, Palin Drive, Spalding, 22.2% of residents are recorded as possessing school level qualifications and 18.0% 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 13, Palin Drive, Spalding, the average age was 42.3 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 13, Palin Drive, Spalding, 0.0% 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 13, Palin Drive, Spalding, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.