According to the public record, 71, Gedney Road, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 941 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gedney Road, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
71, Gedney Road, Spalding has 31 entries in the Land Registry database, most recently in January 2007 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 71 Gedney Road Spalding as £258,636 and the rental value as £1,016 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 71 Gedney Road Spalding has increased by £4,326 (1.7%) and its rental value has increased by £4 per month (0.4%).
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 71, Gedney Road, Spalding is in very good condition we estimate a sale value of £271,568 and rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,531 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £258,636, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,271 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, 71, Gedney Road, Spalding was last sold on 25 Jan 2007 for £189,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2007, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Gedney Road, Spalding within a radius of 822m over the last 2 years.
The most recent example is 2, Lime Walk, Spalding, PE12 9HG, a Freehold house which sold for £282,000 in Nov 2022.
Read more about house prices in PE12.
Gedney Road, Long Sutton, Spalding, PE12 has a total of 98 addresses. According to our analysis of all the public data, 71, Gedney Road, Spalding is the 57th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in PE12.
The closest station to 71, Gedney Road, Spalding is Spalding station which is 17.7 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 71, Gedney Road, Spalding, 34.0% of property is socially rented and 30.9% 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 71, Gedney Road, Spalding, 31.4% of residents are recorded as possessing school level qualifications and 9.0% 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 71, Gedney Road, Spalding, the average age was 46.9 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 71, Gedney Road, 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 71, Gedney Road, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.