16, Mulberry Way
16, Mulberry Way
Description & Estimates
16, Mulberry Way, Spalding appears in the public record as a freehold house sitting on a 598 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,285 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 16, Mulberry Way, Spalding is £327,380 and its rental estimate is £1,244 per month, given the available information and assuming reasonable condition.
Mulberry Way, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
16, Mulberry Way, Spalding has 21 entries in the Land Registry , most recently in May 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 16, Mulberry Way, Spalding, we estimate a market value of £343,749 and a rental value of £1,306 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £304,463 and £1,157 per month respectively.
Recent Market Change
Over the last year, 16, Mulberry Way, Spalding has seen its estimated sale value move down by £16,997 (5.2%) and its estimated rental value increase by £12 per month (1.0%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 16, Mulberry Way, Spalding as measuring 598 m2.
That makes it the 10th largest plot in the postcode, where all 14 other houses have recorded plot data.
Sold Prices
The most recent sale of 16, Mulberry Way, Spalding completed on 22nd May 2012 at £219,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.9% over the period since May 2012.
- Sold May 2012£219,000
- Sold Jan 1997£98,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Mulberry Way, Spalding have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd November 2023, was 26, Mulberry Way, Spalding, PE11 2QW, a freehold house which sold for £360,000.
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
Of the 27 addresses on Mulberry Way, Spalding, PE11, 16, Mulberry Way, Spalding comes out as the 11th largest and the 10th most expensive in our analysis of the public data.
It is also £107k more expensive than the average property across the PE11 district.
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Schools Nearby
- 200mSpalding Parish Church of England Day School
- 1.6kmSt Paul's Community Primary and Nursery School, Spalding
- 1.6kmSt Norbert's Catholic Voluntary Academy
- 300mSpalding High School
- 600mSpalding Academy
- 900mSpalding Grammar School
More reading links
Public Transport Nearby
From 16, Mulberry Way, Spalding, the nearest station is Spalding, 1.4 kilometres away.
- 1.4kmSpalding
- 21.3kmSwineshead
- 21.8kmHubberts Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
