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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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The public record describes 14, Severn Road, Spalding as a mid-century apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
14, Severn Road, Spalding has an estimated sale value of £98,848 and an estimated rental value of £571 per month, assuming reasonable condition and based on the information available.
Severn Road, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
14, Severn Road, Spalding has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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.
In very good condition, we estimate 14, Severn Road, Spalding would be worth £103,790, with a potential rental value of £599 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £91,929, with a rental value of £531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 14, Severn Road, Spalding has declined by £2,186 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (4.0%). The property's estimated gross yield is currently 6.9%.
14, Severn Road, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 14, Severn Road, Spalding across the last 2 years.
Most recently, 80, Chestnut Avenue, Spalding, PE11 2LQ, a leasehold flat, sold at £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.
Our analysis of the public data ranks 14, Severn Road, Spalding as the 55th largest and the 86th most expensive of the 96 addresses on Severn Road, Spalding, PE11.
Against the PE11 postcode district average, it is £122k less expensive than the typical property.
Spalding station is the nearest stop to 14, Severn Road, Spalding at 1.6 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a medium risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Severn Road, Spalding, 36.9% of property is socially rented and 25.1% is privately rented.
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 14, Severn Road, Spalding, 13.1% of residents are recorded as possessing school level qualifications and 14.9% 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 14, Severn Road, Spalding, the average age was 42.5 and the most common age was 52.
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 14, Severn Road, Spalding, 0.5% 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 14, Severn Road, Spalding, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
