According to the public record, 3, The Hollies, Spalding is a modern leasehold apartment and with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Hollies, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
3, The Hollies, Spalding has a single entry in the Land Registry database from May 2015 and 2 entries in the EPC database, most recently in March 2024.
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 3 The Hollies Spalding as £94,981 and the rental value as £526 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 3 The Hollies Spalding has increased by £5,144 (5.4%) and its rental value has increased by £21 per month (3.9%).
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 3, The Hollies, Spalding is in very good condition we estimate a sale value of £99,730 and rental value of £553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,333 and a rental value of £490 per month.
If you were able to purchase this property for the estimated value of £94,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £467 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, 3, The Hollies, Spalding was last sold on 15 May 2015 for £62,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Hollies, Spalding within a radius of 110m over the last 2 years.
The most recent example is 1, The Hollies, Spalding, PE12 7JQ, a Leasehold flat which sold for £90,000 in Mar 2023.
Read more about house prices in PE12.
The Hollies, Holbeach, Spalding, PE12 has a total of 67 addresses. According to our analysis of all the public data, 3, The Hollies, Spalding is the 37th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in PE12.
3, The Hollies, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2024.
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 3, The Hollies, Spalding is Spalding station which is 12.3 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 3, The Hollies, Spalding, 43.8% of property is privately owned outright and 30.5% is privately 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 3, The Hollies, Spalding, 15.2% of residents are recorded as possessing school level qualifications and 19.2% 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 3, The Hollies, Spalding, the average age was 44.5 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 3, The Hollies, 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 3, The Hollies, 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.