According to the public record, 9, Chestnut Avenue, Spalding is a mid-century freehold house and with 1,076 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chestnut Avenue, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
9, Chestnut Avenue, Spalding has 41 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated November 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 9 Chestnut Avenue Spalding as £178,109 and the rental value as £862 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 9 Chestnut Avenue Spalding has increased by £2,320 (1.3%) and its rental value has increased by £10 per month (1.1%).
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, Chestnut Avenue, Spalding is in very good condition we estimate a sale value of £187,014 and rental value of £905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,641 and a rental value of £802 per month.
If you were able to purchase this property for the estimated value of £178,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £875 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, Chestnut Avenue, Spalding sits on a plot of 262m2.
We have plot size data on 22 out of 31 other houses in the postcode and 9, Chestnut Avenue, Spalding sits on the 17th largest plot.
According to HM Land Registry, 9, Chestnut Avenue, Spalding was last sold on 20 Dec 2019 for £156,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2019, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Chestnut Avenue, Spalding within a radius of 172m over the last 2 years.
The most recent example is 31, Chestnut Avenue, Spalding, PE11 2LN, a Freehold house which sold for £170,000 in Aug 2023.
Read more about house prices in PE11.
Chestnut Avenue, Spalding, PE11 has a total of 114 addresses. According to our analysis of all the public data, 9, Chestnut Avenue, Spalding is the 18th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in PE11.
9, Chestnut Avenue, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 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 9, Chestnut Avenue, Spalding is Spalding station which is 1.4 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, Chestnut Avenue, Spalding, 28.9% of property is privately owned outright and 28.2% is socially rented.
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, Chestnut Avenue, Spalding, 16.3% of residents are recorded as possessing school level qualifications and 15.5% 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, Chestnut Avenue, Spalding, the average age was 42.5 and the most common age was 52.
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, Chestnut Avenue, 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 9, Chestnut Avenue, 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.