According to the public record, 23 Swallows Court, Spalding is a modern leasehold apartment and with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Swallows Court, Pool Close, Spalding, PE11.
Pool Close, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
23 Swallows Court, Spalding has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated August 2019.
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 23 Swallows Court Spalding as £83,635 and the rental value as £428 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 23 Swallows Court Spalding has increased by £3,541 (4.2%) and its rental value has increased by £17 per month (4.1%).
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 23 Swallows Court, Spalding is in very good condition we estimate a sale value of £87,816 and rental value of £450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,780 and a rental value of £398 per month.
If you were able to purchase this property for the estimated value of £83,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £411 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, 23 Swallows Court, Spalding was last sold on 28 Jan 2022 for £73,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23 Swallows Court, Spalding within a radius of 0m over the last 2 years.
The most recent example is 65 Swallows Court, Pool Close, Spalding, PE11 1GZ, a Leasehold flat which sold for £72,500 in May 2024.
Read more about house prices in PE11.
Pool Close, Spalding, PE11 has a total of 84 addresses. According to our analysis of all the public data, 23 Swallows Court, Spalding is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in PE11.
23 Swallows Court, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Aug 2019.
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 23 Swallows Court, Spalding is Spalding station which is 600 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 23 Swallows Court, Spalding, 43.0% of property is privately owned outright and 23.9% is socially rented.
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 23 Swallows Court, Spalding, 9.0% of residents are recorded as possessing school level qualifications and 14.7% 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 23 Swallows Court, Spalding, the average age was 40.1 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 23 Swallows Court, Spalding, 1.5% 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 23 Swallows Court, Spalding, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.