According to the public record, 222, Broadgate, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,959 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Broadgate, Weston Hills, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
222, Broadgate, Spalding has a single entry in the Land Registry database from April 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 222 Broadgate Spalding as £343,430 and the rental value as £1,185 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 222 Broadgate Spalding has increased by £1,080 (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 222, Broadgate, Spalding is in very good condition we estimate a sale value of £360,602 and rental value of £1,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,390 and a rental value of £1,102 per month.
If you were able to purchase this property for the estimated value of £343,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,688 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, 222, Broadgate, Spalding was last sold on 05 Apr 2006 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 222, Broadgate, Spalding within a radius of 493m over the last 2 years.
The most recent example is 8, Carisbrooke Way, Spalding, PE12 6DS, a Freehold house which sold for £387,500 in Sep 2021.
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, 222, Broadgate, Spalding is the 27th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in PE12.
The closest station to 222, 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 222, 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 222, 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 222, 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 222, 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 222, 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.