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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
1, Grant Close, Spalding is recorded publicly as a modern freehold house across 1,076 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Grant Close, Spalding is £242,744 and its rental estimate is £1,157 per month, given the available information and assuming reasonable condition.
Grant Close, Donington, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
1, Grant Close, Spalding has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Grant Close, Spalding, we estimate a market value of £254,881 and a rental value of £1,214 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £225,752 and £1,076 per month respectively.
Over the last year, 1, Grant Close, Spalding has seen its estimated sale value decrease by £8,793 (3.6%) and its estimated rental value grow by £35 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
1, Grant Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Grant Close, Spalding completed on 14th May 2024 at £262,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.3% over the period since May 2024.
Over the past 2 years 3 properties similar to 1, Grant Close, Spalding have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 29, Hartfil Street, Spalding, PE11 4FN, a freehold house which sold for £262,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on Grant Close, Donington, Spalding, PE11, 1, Grant Close, Spalding comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £22k more expensive than the average property across the PE11 district.
From 1, Grant Close, Spalding, the nearest station is Swineshead, 8.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Grant Close, Spalding, 46.2% of property is privately owned outright and 24.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 1, Grant Close, Spalding, 19.1% 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 East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Grant Close, Spalding, the average age was 46.3 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 1, Grant Close, 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 1, Grant Close, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
