According to the public record, 156, Broadgate, Spalding is a modern freehold house and with 1,345 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Broadgate, Weston Hills, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
156, Broadgate, Spalding has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated June 2014.
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 156 Broadgate Spalding as £317,555 and the rental value as £1,098 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 156 Broadgate Spalding has increased by £999 (0.3%) and its rental value has increased by £1 per month (0.1%).
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 156, Broadgate, Spalding is in very good condition we estimate a sale value of £333,433 and rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,327 and a rental value of £1,021 per month.
If you were able to purchase this property for the estimated value of £317,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,561 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, 156, Broadgate, Spalding was last sold on 15 Jun 2015 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 45.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 156, Broadgate, Spalding within a radius of 556m over the last 2 years.
The most recent example is 15, Carisbrooke Way, Spalding, PE12 6DS, a Freehold house which sold for £400,000 in Aug 2022.
Read more about house prices in PE12.
Broadgate, Weston Hills, Spalding, PE12 has a total of 229 addresses. According to our analysis of all the public data, 156, Broadgate, Spalding is the 94th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in PE12.
156, Broadgate, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 156, Broadgate, Spalding is Spalding station which is 4.7 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 156, Broadgate, Spalding, 48.2% of property is privately owned outright and 27.1% 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 156, Broadgate, Spalding, 16.1% of residents are recorded as possessing school level qualifications and 21.1% 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 156, Broadgate, Spalding, the average age was 42.6 and the most common age was 52.
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 156, Broadgate, Spalding, 1.2% 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 156, Broadgate, Spalding, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.