114, Severn Road
114, Severn Road
Description & Estimates
According to the public record, 114, Severn Road, Spalding is a mid-century leasehold apartment with 748 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 114, Severn Road, Spalding is £98,501 and the estimated rental value is £571 per month.
Severn Road, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
Our Data Sources
114, Severn Road, Spalding has 21 entries in the Land Registry , most recently in March 2011 and a single entry in the EPC database dated July 2010.
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 114, Severn Road, Spalding is in very good condition we estimate a sale value of £103,426 and a rental value of £600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,606 and a rental value of £531 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 114, Severn Road, Spalding has dropped by £2,178 (2.2%), while its estimated rental value has risen by £23 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
114, Severn Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 114, Severn Road, Spalding was last sold on 8th March 2011 for £76,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2011, the market for similar properties has risen by 36.5%.
- Sold Mar 2011£76,500
- Sold Nov 1996£29,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114, Severn Road, Spalding within a radius of 800 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, 114, Severn Road, Spalding is the 52nd largest and the 88th most expensive property on the street.
When compared to the postcode district it is £122k 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 114, 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.
