106, Severn Road
106, Severn Road
Description & Estimates
According to the public record, 106, Severn Road, Spalding is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 106, Severn Road, Spalding is £100,905 and the estimated rental value is £589 per month.
Severn Road, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
Our Data Sources
106, Severn Road, Spalding has 31 entries in the Land Registry , most recently in April 2022 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 2 out of 5 and is considered of medium 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 106, Severn Road, Spalding is in very good condition we estimate a sale value of £105,950 and a rental value of £618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,841 and a rental value of £547 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 106, Severn Road, Spalding has fallen by £2,232 (2.2%), while its estimated rental value has moved up by £24 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
106, Severn Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 106, Severn Road, Spalding was last sold on 28th April 2022 for £98,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2022, the market for similar properties has dropped by 7.2%.
- Sold Apr 2022£98,000
- Sold May 2015£91,000
- Sold Aug 2006£93,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 106, Severn Road, Spalding within a radius of 790 metres over the last 2 years.
The most recent example is 80, Chestnut Avenue, Spalding, PE11 2LQ, a leasehold flat which sold for £95,000 on the 2nd August 2024.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Severn Road, Spalding, PE11 has a total of 96 addresses. According to our analysis of all the public data, 106, Severn Road, Spalding is the 24th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in PE11.
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Schools Nearby
- 300mSt Paul's Community Primary and Nursery School, Spalding
- 1.6kmSpalding Parish Church of England Day School
- 2.0kmSt Norbert's Catholic Voluntary Academy
- 800mSpalding Academy
- 1.3kmSpalding High School
- 1.8kmSpalding Grammar School
More reading links
Public Transport Nearby
The closest station to 106, Severn Road, Spalding is Spalding station, which is 1.8 kilometres away.
- 1.8kmSpalding
- 20.1kmSwineshead
- 20.4kmHubberts Bridge
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 medium.
