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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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16, Derwent Way, Spalding is described in the public record as a modern house with 753 ft2 of internal area, sitting on a 167 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Derwent Way, Spalding is £190,189 and its rental estimate is £899 per month, given the available information and assuming reasonable condition.
Derwent Way, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
16, Derwent Way, Spalding has no records in the the Land Registry and a single entry in the EPC database dated September 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 16, Derwent Way, Spalding, we estimate a market value of £199,698 and a rental value of £944 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,875 and £836 per month respectively.
Over the last year, 16, Derwent Way, Spalding has seen its estimated sale value decrease by £6,889 (3.6%) and its estimated rental value grow by £27 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 16, Derwent Way, Spalding as measuring 167 m2.
That makes it the 19th largest plot in the postcode, where 34 of the 36 other houses have recorded plot data.
16, Derwent Way, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 16, Derwent Way, Spalding have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 22, Derwent Way, Spalding, PE11 3WX, a freehold house which sold for £187,500.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Derwent Way, Spalding, PE11, 16, Derwent Way, Spalding comes out as the 32nd largest and the 33rd most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the PE11 district.
From 16, Derwent Way, Spalding, the nearest station is Spalding, 1.2 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Derwent Way, Spalding, % of property is and % is .
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 16, Derwent Way, Spalding, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, Derwent Way, Spalding, 0.0% 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 16, Derwent Way, Spalding, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
