1, Back Bank
1, Back Bank
Description & Estimates
According to the public record, 1, Back Bank, Spalding is a modern house with 1,732 ft2 of internal area and sits on a 710 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Back Bank, Spalding is £364,974 and the estimated rental value is £1,387 per month.
Back Bank, Whaplode Drove, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Our Data Sources
1, Back Bank, Spalding has no records in the the Land Registry and a single entry in the EPC database dated September 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Back Bank, Spalding is in very good condition we estimate a sale value of £383,223 and a rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,426 and a rental value of £1,289 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Back Bank, Spalding has declined by £19,675 (5.4%), while its estimated rental value has climbed by £12 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 1, Back Bank, Spalding sits on a plot of 710 m2.
We have plot size data on 19 out of 26 other houses in the postcode and 1, Back Bank, Spalding sits on the 12th largest plot.
Energy Efficiency
1, Back Bank, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Back Bank, Spalding within a radius of 6.1 kilometres over the last 2 years.
The most recent example is Field View, Back Bank, Spalding, PE12 0TT, a freehold house which sold for £470,000 on the 26th July 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Back Bank, Whaplode Drove, Spalding, PE12 has a total of 26 addresses. According to our analysis of all the public data, 1, Back Bank, Spalding is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in PE12.
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Schools Nearby
- 1.0kmShepeau Stow Primary School
- 3.0kmThe Gedney Hill Church of England VC Primary School
- 5.3kmMoulton Chapel Primary School
- 11.1kmSpalding High School
- 11.1kmSpalding Academy
- 11.5kmSpalding Grammar School
More reading links
Public Transport Nearby
The closest station to 1, Back Bank, Spalding is Spalding station, which is 12.1 kilometres away.
- 12.1kmSpalding
- 16.9kmWhittlesea
- 18.3kmMarch
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
