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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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According to the public record, 107, Main Road, Spilsby is a period freehold house with 635 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 107, Main Road, Spilsby is £246,192 and the estimated rental value is £890 per month.
Main Road, Hundleby, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
107, Main Road, Spilsby has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 107, Main Road, Spilsby is in very good condition we estimate a sale value of £258,501 and a rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,958 and a rental value of £827 per month.
Over the past 12 months, the estimated sale value of 107, Main Road, Spilsby has declined by £3,654 (1.5%), while its estimated rental value has climbed by £45 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 4.3%.
107, Main Road, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 107, Main Road, Spilsby was last sold on 25th October 2018 for £92,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2018, the market for similar properties has risen by 39.9%.
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 107, Main Road, Spilsby within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 105, Main Road, Spilsby, PE23 5NQ, a freehold house which sold for £82,000 on the 14th May 2021.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Road, Hundleby, Spilsby, PE23 has a total of 129 addresses. According to our analysis of all the public data, 107, Main Road, Spilsby is the 122nd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in PE23.
The closest station to 107, Main Road, Spilsby is Thorpe Culvert station, which is 10.5 kilometres away.
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.
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 107, Main Road, Spilsby, 57.7% of property is privately owned outright and 26.9% 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 107, Main Road, Spilsby, 5.2% of residents are recorded as possessing school level qualifications and 26.4% 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 107, Main Road, Spilsby, the average age was 49.7 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 107, Main Road, Spilsby, 1.5% 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 107, Main Road, Spilsby, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
