According to the public record, 9, Cedar Drive, Spalding is a modern freehold house and with 785 ft2 of internal area and sits on a 370 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cedar Drive, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
9, Cedar Drive, Spalding has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated February 2022.
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 9 Cedar Drive Spalding as £207,007 and the rental value as £943 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 9 Cedar Drive Spalding has increased by £3,538 (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 9, Cedar Drive, Spalding is in very good condition we estimate a sale value of £217,357 and rental value of £990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,516 and a rental value of £877 per month.
If you were able to purchase this property for the estimated value of £207,007, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,017 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, 9, Cedar Drive, Spalding sits on a plot of 370m2.
We have plot size data on 11 out of 18 other houses in the postcode and 9, Cedar Drive, Spalding sits on the 4th largest plot.
According to HM Land Registry, 9, Cedar Drive, Spalding was last sold on 16 Jun 2022 for £219,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Cedar Drive, Spalding within a radius of 331m over the last 2 years.
The most recent example is 76, Fairfields, Spalding, PE12 7JE, a Freehold house which sold for £200,000 in Mar 2022.
Read more about house prices in PE12.
Cedar Drive, Holbeach, Spalding, PE12 has a total of 18 addresses. According to our analysis of all the public data, 9, Cedar Drive, Spalding is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in PE12.
9, Cedar Drive, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2022.
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 9, Cedar Drive, 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 9, Cedar Drive, 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 9, Cedar Drive, 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 9, Cedar Drive, 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 9, Cedar Drive, 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 9, Cedar Drive, 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.