11, Redwood Close
11, Redwood Close
Description & Estimates
11, Redwood Close, Spalding is recorded publicly as a modern freehold house across 1,022 ft2 of internal area, sitting on a 563 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 11, Redwood Close, Spalding is £241,281 and its rental estimate is £1,110 per month, given the available information and assuming reasonable condition.
Redwood Close, Holbeach, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
11, Redwood Close, Spalding has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 11, Redwood Close, Spalding, we estimate a market value of £253,345 and a rental value of £1,165 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,391 and £1,032 per month respectively.
Recent Market Change
Over the last year, 11, Redwood Close, Spalding has seen its estimated sale value drop by £5,769 (2.4%) and its estimated rental value rise by £25 per month (2.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 11, Redwood Close, Spalding as measuring 563 m2.
That makes it the 2nd largest plot in the postcode, where 13 of the 25 other houses have recorded plot data.
Energy Efficiency
11, Redwood Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Redwood Close, Spalding completed on 25th February 2022 at £245,000 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 5.8% over the period since February 2022.
- Sold Feb 2022£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Redwood Close, Spalding have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th March 2024, was 4, Redwood Close, Spalding, PE12 7FL, a freehold house which sold for £242,000.
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
Of the 25 addresses on Redwood Close, Holbeach, Spalding, PE12, 11, Redwood Close, Spalding comes out as the 17th largest and the 19th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 1.1kmThe Holbeach William Stukeley Church of England Voluntary Aided Primary School
- 1.6kmHolbeach Primary Academy
- 1.6kmWhaplode Church of England Primary School
- 1.8kmUniversity Academy Holbeach
- 9.0kmSpalding Academy
- 9.2kmUniversity Academy Long Sutton
More reading links
Public Transport Nearby
From 11, Redwood Close, Spalding, the nearest station is Spalding, 10.3 kilometres away.
- 10.3kmSpalding
- 19.9kmBoston
- 20.8kmHubberts Bridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
