According to the public record, 15, Guildhall Drive, Spalding is a mid-century freehold house and with 990 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Guildhall Drive, Pinchbeck, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
15, Guildhall Drive, Spalding has a single entry in the Land Registry database from February 2020 and 2 entries in the EPC database, most recently in May 2021.
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 15 Guildhall Drive Spalding as £208,667 and the rental value as £937 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 15 Guildhall Drive Spalding has increased by £2,122 (1.0%) and its rental value has increased by £7 per month (0.8%).
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 15, Guildhall Drive, Spalding is in very good condition we estimate a sale value of £219,100 and rental value of £984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,060 and a rental value of £872 per month.
If you were able to purchase this property for the estimated value of £208,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,026 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, 15, Guildhall Drive, Spalding sits on a plot of 251m2.
We have plot size data on 15 out of 19 other houses in the postcode and 15, Guildhall Drive, Spalding sits on the 12th largest plot.
According to HM Land Registry, 15, Guildhall Drive, Spalding was last sold on 07 Feb 2020 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Guildhall Drive, Spalding within a radius of 104m over the last 2 years.
The most recent example is 35, Fennell Road, Spalding, PE11 3RP, a Freehold house which sold for £150,500 in Mar 2021.
Read more about house prices in PE11.
Guildhall Drive, Pinchbeck, Spalding, PE11 has a total of 19 addresses. According to our analysis of all the public data, 15, Guildhall Drive, Spalding is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in PE11.
15, Guildhall Drive, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2021.
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 15, Guildhall Drive, Spalding is Spalding station which is 3.1 km 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 15, Guildhall Drive, Spalding, 39.4% of property is privately owned outright and 31.9% 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 15, Guildhall Drive, Spalding, 15.1% of residents are recorded as possessing school level qualifications and 20.6% 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 15, Guildhall Drive, Spalding, the average age was 43.3 and the most common age was 57.
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 15, Guildhall 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 15, Guildhall Drive, Spalding, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.