According to the public record, 4, Burgess Drive, Spalding is a mid-century freehold house with 548 ft2 of internal area and sits on a 604 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Burgess Drive, Fleet Hargate, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
4, Burgess Drive, Spalding has 31 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated May 2018.
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 4 Burgess Drive Spalding as £187,191 and the rental value as £749 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 4 Burgess Drive Spalding has increased by £5,056 (2.7%) and its rental value has increased by £11 per month (1.4%).
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 4, Burgess Drive, Spalding is in very good condition we estimate a sale value of £196,551 and rental value of £786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,088 and a rental value of £696 per month.
If you were able to purchase this property for the estimated value of £187,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £920 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, 4, Burgess Drive, Spalding sits on a plot of 604m2.
We have plot size data on 17 out of 25 other houses in the postcode and 4, Burgess Drive, Spalding sits on the 3rd largest plot.
According to HM Land Registry, 4, Burgess Drive, Spalding was last sold on 14 Jan 2022 for £190,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Burgess Drive, Spalding within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 1, Burgess Drive, Spalding, PE12 8NR, a Freehold house which sold for £174,000 in Sep 2022.
Read more about house prices in PE12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burgess Drive, Fleet Hargate, Holbeach, Spalding, PE12 has a total of 25 addresses. According to our analysis of all the public data, 4, Burgess Drive, Spalding is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in PE12.
4, Burgess Drive, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2018.
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 4, Burgess Drive, Spalding is Spalding station which is 15.2 kilometres 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 4, Burgess Drive, Spalding, 65.6% of property is privately owned outright and 24.4% 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 4, Burgess Drive, Spalding, 11.7% of residents are recorded as possessing school level qualifications and 15.6% 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 4, Burgess Drive, Spalding, the average age was 47.2 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 4, Burgess Drive, 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 4, Burgess Drive, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.