According to the public record, 40A, Station Road, Spalding is a mid-century house with 1,216 ft2 of internal area and sits on a 425 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Station Road, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
40A, Station Road, Spalding has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
We combine this information with public data 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 40A Station Road Spalding as £272,673 and the rental value as £1,102 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 40A Station Road Spalding has increased by £3,096 (1.1%) and its rental value has decreased by £3 per month (0.2%).
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 40A, Station Road, Spalding is in very good condition we estimate a sale value of £286,306 and rental value of £1,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,586 and a rental value of £1,025 per month.
If you were able to purchase this property for the estimated value of £272,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,340 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, 40A, Station Road, Spalding sits on a plot of 425m2.
We have plot size data on 38 out of 53 other houses in the postcode and 40A, Station Road, Spalding sits on the 24th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40A, Station Road, Spalding within a radius of 281m over the last 2 years.
The most recent example is 6, Station Road, Spalding, PE12 9BP, a Freehold house which sold for £220,000 in Dec 2023.
Read more about house prices in PE12.
Station Road, Long Sutton, Spalding, PE12 has a total of 93 addresses. According to our analysis of all the public data, 40A, Station Road, Spalding is the 32nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in PE12.
40A, Station Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2014.
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 40A, Station Road, Spalding is Spalding station which is 18.2 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 40A, Station Road, Spalding, 56.7% of property is privately owned outright and 25.2% 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 40A, Station Road, Spalding, 12.0% of residents are recorded as possessing school level qualifications and 21.9% 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 40A, Station Road, Spalding, the average age was 46.1 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 40A, Station 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 40A, Station Road, Spalding, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.