According to the public record, 17, Cortez Close, Spalding is a modern freehold house and with 742 ft2 of internal area and sits on a 126 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cortez Close, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
17, Cortez Close, Spalding has 2 entries in the Land Registry database, most recently in October 2011 and 3 entries in the EPC database, most recently in November 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 17 Cortez Close Spalding as £198,588 and the rental value as £848 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 17 Cortez Close Spalding has increased by £2,001 (1.0%) and its rental value has increased by £7 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 17, Cortez Close, Spalding is in very good condition we estimate a sale value of £208,517 and rental value of £890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,686 and a rental value of £788 per month.
If you were able to purchase this property for the estimated value of £198,588, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £976 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, 17, Cortez Close, Spalding sits on a plot of 126m2.
We have plot size data on 19 out of 22 other houses in the postcode and 17, Cortez Close, Spalding sits on the 17th largest plot.
According to HM Land Registry, 17, Cortez Close, Spalding was last sold on 14 Oct 2011 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2011, the market for similar properties has risen 70.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Cortez Close, Spalding within a radius of 379m over the last 2 years.
The most recent example is 9, Bruce Close, Spalding, PE11 2GN, a Freehold house which sold for £185,000 in Oct 2023.
Read more about house prices in PE11.
Cortez Close, Spalding, PE11 has a total of 24 addresses. According to our analysis of all the public data, 17, Cortez Close, Spalding is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in PE11.
17, Cortez Close, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 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 17, Cortez Close, Spalding is Spalding station which is 800 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 17, Cortez Close, 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 17, Cortez Close, 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 17, Cortez Close, 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 17, Cortez Close, 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 17, Cortez Close, 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.