According to the public record, 27, Station Road, Spalding is a modern freehold house and with 2,098 ft2 of internal area and sits on a 1,142 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Station Road, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
27, Station Road, Spalding has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated August 2020.
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 good condition, we estimate the current sale value for 27 Station Road Spalding as £389,887 and the rental value as £1,596 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 27 Station Road Spalding has increased by £4,645 (1.2%) and its rental value has decreased by £3 per month (0.2%).
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 27, Station Road, Spalding is in very good condition we estimate a sale value of £409,381 and rental value of £1,676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,595 and a rental value of £1,484 per month.
If you were able to purchase this property for the estimated value of £389,887, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,916 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, 27, Station Road, Spalding sits on a plot of 1142m2.
We have plot size data on 38 out of 53 other houses in the postcode and 27, Station Road, Spalding sits on the 5th largest plot.
According to HM Land Registry, 27, Station Road, Spalding was last sold on 11 Oct 2019 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Station Road, Spalding within a radius of 619m over the last 2 years.
The most recent example is 44A, Market Street, Spalding, PE12 9DF, a Freehold house which sold for £470,000 in Jun 2022.
Read more about house prices in PE12.
Station Road, Long Sutton, Spalding, PE12 has a total of 93 addresses. According to our analysis of all the public data, 27, Station Road, Spalding is the 4th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £140k more expensive than the average property in PE12.
27, Station Road, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 27, Station Road, Spalding is Spalding station which is 18.2 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 27, Station Road, Spalding, 56.7% of property is privately owned outright and 25.2% 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 27, Station Road, Spalding, 12.0% of residents are recorded as possessing school level qualifications and 21.9% 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 27, Station Road, Spalding, the average age was 46.1 and the most common age was 57.
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 27, Station Road, 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 27, Station Road, 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.