According to the public record, 5, Piccard Drive, Spalding is a modern freehold house and with 1,108 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Piccard Drive, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
5, Piccard Drive, Spalding has 3 entries in the Land Registry database, most recently in November 2021 and 2 entries in the EPC database, most recently in March 2021.
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 5 Piccard Drive Spalding as £247,957 and the rental value as £1,006 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Piccard Drive Spalding has increased by £2,499 (1.0%) and its rental value has increased by £9 per month (0.9%).
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 5, Piccard Drive, Spalding is in very good condition we estimate a sale value of £260,355 and rental value of £1,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,600 and a rental value of £936 per month.
If you were able to purchase this property for the estimated value of £247,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,219 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, 5, Piccard Drive, Spalding sits on a plot of 180m2.
We have plot size data on 32 out of 36 other houses in the postcode and 5, Piccard Drive, Spalding sits on the 23rd largest plot.
According to HM Land Registry, 5, Piccard Drive, Spalding was last sold on 04 Nov 2021 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Piccard Drive, Spalding within a radius of 84m over the last 2 years.
The most recent example is 2A, Piccard Drive, Spalding, PE11 2GP, a Freehold house which sold for £265,000 in Oct 2023.
Read more about house prices in PE11.
Piccard Drive, Spalding, PE11 has a total of 37 addresses. According to our analysis of all the public data, 5, Piccard Drive, Spalding is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in PE11.
5, Piccard Drive, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2021.
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 5, Piccard Drive, Spalding is Spalding station which is 800 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 5, Piccard Drive, Spalding, 42.5% of property is privately owned with a mortgage and 32.7% 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 5, Piccard Drive, Spalding, 25.3% of residents are recorded as possessing school level qualifications and 28.2% 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 5, Piccard Drive, Spalding, the average age was 42.3 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 5, Piccard 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 5, Piccard 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.