According to the public record, 8, Spruce Close, Spalding is a modern freehold house and with 1,001 ft2 of internal area and sits on a 273 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spruce Close, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
8, Spruce Close, Spalding has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated October 2019.
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 8 Spruce Close Spalding as £220,660 and the rental value as £1,019 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Spruce Close Spalding has increased by £3,772 (1.7%) and its rental value has increased by £3 per month (0.3%).
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 8, Spruce Close, Spalding is in very good condition we estimate a sale value of £231,693 and rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,214 and a rental value of £948 per month.
If you were able to purchase this property for the estimated value of £220,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,084 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, 8, Spruce Close, Spalding sits on a plot of 273m2.
We have plot size data on 8 out of 11 other houses in the postcode and 8, Spruce Close, Spalding sits on the 6th largest plot.
According to HM Land Registry, 8, Spruce Close, Spalding was last sold on 13 Apr 2021 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Spruce Close, Spalding within a radius of 128m over the last 2 years.
The most recent example is 4, Oakwood Glade, Spalding, PE12 7JS, a Freehold house which sold for £254,000 in Jan 2024.
Read more about house prices in PE12.
Spruce Close, Holbeach, Spalding, PE12 has a total of 11 addresses. According to our analysis of all the public data, 8, Spruce Close, Spalding is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in PE12.
8, Spruce Close, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2019.
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 8, Spruce Close, Spalding is Spalding station which is 11.2 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 8, Spruce Close, Spalding, 55.2% of property is privately owned outright and 29.4% is privately owned with a mortgage.
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 8, Spruce Close, Spalding, 13.5% of residents are recorded as possessing school level qualifications and 19.3% 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 8, Spruce Close, Spalding, the average age was 44.5 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 8, Spruce Close, Spalding, 0.7% 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 8, Spruce Close, 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.