15, Redwood Close
15, Redwood Close
Description & Estimates
15, Redwood Close, Spalding is recorded publicly as a modern freehold house across 1,022 ft2 of internal area, sitting on a 291 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Redwood Close, Spalding is £247,673 and its rental estimate is £1,104 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
15, Redwood Close, Spalding has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 15, Redwood Close, Spalding, we estimate a market value of £260,057 and a rental value of £1,159 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £230,336 and £1,027 per month respectively.
Recent Market Change
Over the last year, 15, Redwood Close, Spalding has seen its estimated sale value decline by £5,922 (2.4%) and its estimated rental value climb by £24 per month (2.2%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 15, Redwood Close, Spalding as measuring 291 m2.
That makes it the 11th largest plot in the postcode, where 13 of the 25 other houses have recorded plot data.
Energy Efficiency
15, Redwood Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jun 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 15, Redwood Close, Spalding completed on 8th July 2022 at £255,000 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 10.7% over the period since July 2022.
- Sold Jul 2022£255,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Redwood Close, Spalding have sold within a radius of 1.4 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.
- Sold Mar 2024£242,000 | 3 Bed House4, Redwood Close, Spalding, PE12 7FL4, Redwood Close, Spalding, PE12 7FL
- Sold Apr 2022£260,000 | 3 Bed House13, Redwood Close, Spalding, PE12 7FL13, Redwood Close, Spalding, PE12 7FL
- Sold Mar 2022£245,000 | 3 Bed House9, Redwood Close, Spalding, PE12 7FL9, Redwood Close, Spalding, PE12 7FL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on Redwood Close, Holbeach, Spalding, PE12, 15, Redwood Close, Spalding comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £9k 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 15, 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.
