According to the public record, 6, Welbeck Drive, Spalding is a mid-century house with 1,022 ft2 of internal area and sits on a 367 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Welbeck Drive, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
6, Welbeck Drive, Spalding has no records in the Land Registry database and a single entry in the EPC database dated August 2021.
We combine this information with public data 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 6 Welbeck Drive Spalding as £225,627 and the rental value as £976 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 6 Welbeck Drive Spalding has increased by £1,800 (0.8%) and its rental value has increased by £6 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 6, Welbeck Drive, Spalding is in very good condition we estimate a sale value of £236,908 and rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,833 and a rental value of £908 per month.
If you were able to purchase this property for the estimated value of £225,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,109 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, 6, Welbeck Drive, Spalding sits on a plot of 367m2.
We have plot size data on 12 out of 36 other houses in the postcode and 6, Welbeck Drive, Spalding sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Welbeck Drive, Spalding within a radius of 84m over the last 2 years.
The most recent example is 24, Woolram Wygate, Spalding, PE11 1PB, a Freehold house which sold for £229,950 in Sep 2021.
Read more about house prices in PE11.
Welbeck Drive, Spalding, PE11 has a total of 36 addresses. According to our analysis of all the public data, 6, Welbeck Drive, Spalding is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in PE11.
6, Welbeck Drive, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 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 6, Welbeck Drive, Spalding is Spalding station which is 300 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 6, Welbeck Drive, Spalding, 44.8% of property is privately owned with a mortgage and 38.0% 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 6, Welbeck Drive, Spalding, 17.4% of residents are recorded as possessing school level qualifications and 26.4% 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 6, Welbeck Drive, 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 6, Welbeck Drive, Spalding, 1.0% 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 6, Welbeck 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.