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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
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Public records show 1, Redwood Close, Spalding to be a modern freehold house with 1,022 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Redwood Close, Spalding has an estimated sale value of £247,673 and an estimated rental value of £1,104 per month, assuming reasonable condition and based on the information available.
Redwood Close, Holbeach, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
1, Redwood Close, Spalding has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 1, Redwood Close, Spalding would be worth £260,057, with a potential rental value of £1,159 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,336, with a rental value of £1,027 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Redwood Close, Spalding has declined by £5,922 (2.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £24 (2.2%). The property's estimated gross yield is currently 5.3%.
1, Redwood Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
1, Redwood Close, Spalding last changed hands on 30th September 2021, selling for £252,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 0.4% since September 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 1, Redwood Close, Spalding across the last 2 years.
Most recently, 4, Redwood Close, Spalding, PE12 7FL, a freehold house, sold at £242,000 on the 15th March 2024.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Redwood Close, Spalding as the 12th largest and the 12th most expensive of the 25 addresses on Redwood Close, Holbeach, Spalding, PE12.
Against the PE12 postcode district average, it is £9k more expensive than the typical property.
Spalding station is the nearest stop to 1, Redwood Close, Spalding at 10.3 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Redwood Close, Spalding, 58.8% of property is privately owned outright and 27.7% 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, Redwood Close, Spalding, 15.0% of residents are recorded as possessing school level qualifications and 16.6% 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, Redwood Close, 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 1, Redwood 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, Redwood 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.
