According to the public record, 36, Roman Road, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 914 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Roman Road, Moulton Chapel, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
36, Roman Road, Spalding has a single entry in the Land Registry database from May 2017 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 36 Roman Road Spalding as £255,344 and the rental value as £956 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 36 Roman Road Spalding has increased by £1,914 (0.7%) and its rental value has increased by £5 per month (0.6%).
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 36, Roman Road, Spalding is in very good condition we estimate a sale value of £268,112 and rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,470 and a rental value of £889 per month.
If you were able to purchase this property for the estimated value of £255,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,255 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, 36, Roman Road, Spalding was last sold on 22 May 2017 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 27.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Roman Road, Spalding within a radius of 358m over the last 2 years.
The most recent example is 12, Woodgate Road, Spalding, PE12 0XF, a Freehold house which sold for £190,000 in Apr 2021.
Read more about house prices in PE12.
Roman Road, Moulton Chapel, Spalding, PE12 has a total of 92 addresses. According to our analysis of all the public data, 36, Roman Road, Spalding is the 55th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in PE12.
The closest station to 36, Roman Road, Spalding is Spalding station which is 7.0 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 36, Roman Road, Spalding, 47.2% of property is privately owned outright and 32.7% 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 36, Roman Road, Spalding, 13.3% of residents are recorded as possessing school level qualifications and 23.3% 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 36, Roman Road, 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 36, Roman Road, 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 36, Roman Road, 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.