According to the public record, 25, Pennygate, Spalding is a period freehold house and with 1,356 ft2 of internal area and sits on a 326 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pennygate, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
25, Pennygate, Spalding has 31 entries in the Land Registry database, most recently in May 2017 and 2 entries in the EPC database, most recently in October 2012.
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 25 Pennygate Spalding as £223,144 and the rental value as £1,041 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 25 Pennygate Spalding has increased by £1,539 (0.7%) and its rental value has increased by £6 per month (0.5%).
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 25, Pennygate, Spalding is in very good condition we estimate a sale value of £234,301 and rental value of £1,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,524 and a rental value of £968 per month.
If you were able to purchase this property for the estimated value of £223,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,097 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, 25, Pennygate, Spalding sits on a plot of 326m2.
We have plot size data on 26 out of 33 other houses in the postcode and 25, Pennygate, Spalding sits on the 7th largest plot.
According to HM Land Registry, 25, Pennygate, Spalding was last sold on 22 May 2017 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Pennygate, Spalding within a radius of 193m over the last 2 years.
The most recent example is 62, Park Road, Spalding, PE11 1NH, a Freehold house which sold for £180,000 in Sep 2022.
Read more about house prices in PE11.
Pennygate, Spalding, PE11 has a total of 249 addresses. According to our analysis of all the public data, 25, Pennygate, Spalding is the 24th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in PE11.
25, Pennygate, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 25, Pennygate, Spalding is Spalding station which is 200 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 25, Pennygate, Spalding, 34.9% of property is privately owned with a mortgage and 34.3% is privately owned outright.
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 25, Pennygate, Spalding, 19.9% of residents are recorded as possessing school level qualifications and 21.6% 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 25, Pennygate, 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 25, Pennygate, Spalding, 0.5% 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 25, Pennygate, 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.