According to the public record, 4, Park Road, Spalding is a period freehold house and with 1,044 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
4, Park Road, Spalding has 2 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated November 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 4 Park Road Spalding as £182,640 and the rental value as £889 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 4 Park Road Spalding has increased by £2,044 (1.1%) and its rental value has increased by £9 per month (1.0%).
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, Park Road, Spalding is in very good condition we estimate a sale value of £191,772 and rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,855 and a rental value of £827 per month.
If you were able to purchase this property for the estimated value of £182,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £898 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, Park Road, Spalding sits on a plot of 507m2.
We have plot size data on 29 out of 41 other houses in the postcode and 4, Park Road, Spalding sits on the 4th largest plot.
According to HM Land Registry, 4, Park Road, Spalding was last sold on 16 Aug 2013 for £130,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 58.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Park Road, Spalding within a radius of 325m over the last 2 years.
The most recent example is 41, Pennygate, Spalding, PE11 1NL, a Freehold house which sold for £210,000 in Sep 2023.
Read more about house prices in PE11.
Park Road, Spalding, PE11 has a total of 148 addresses. According to our analysis of all the public data, 4, Park Road, Spalding is the 54th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in PE11.
4, Park Road, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2012.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 4, Park Road, Spalding is Spalding station which is 100 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 4, Park Road, 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 4, Park Road, 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 4, Park Road, 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 4, Park 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 4, Park Road, 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.