According to the public record, 76, Park Road, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 839 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Park Road, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
76, Park Road, Spalding has a single entry in the Land Registry database from November 2017 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 76 Park Road Spalding as £162,905 and the rental value as £824 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 76 Park Road Spalding has increased by £1,823 (1.1%) and its rental value has increased by £8 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 76, Park Road, Spalding is in very good condition we estimate a sale value of £171,050 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,502 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £162,905, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £801 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, 76, Park Road, Spalding was last sold on 24 Nov 2017 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Park Road, Spalding within a radius of 240m over the last 2 years.
The most recent example is 57, Pennygate, Spalding, PE11 1NN, a Freehold house which sold for £155,000 in Dec 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, 76, Park Road, Spalding is the 112th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in PE11.
The closest station to 76, 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 76, 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 76, 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 76, 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 76, 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 76, 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.