18, Redwood Close
18, Redwood Close
Description & Estimates
18, Redwood Close, Spalding is described in the public record as a modern house with 559 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 18, Redwood Close, Spalding is £178,892 and its rental estimate is £835 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
18, Redwood Close, Spalding has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data 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 18, Redwood Close, Spalding, we estimate a market value of £187,837 and a rental value of £877 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £166,370 and £776 per month respectively.
Recent Market Change
Over the last year, 18, Redwood Close, Spalding has seen its estimated sale value move down by £1,955 (1.1%) and its estimated rental value increase by £33 per month (4.0%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
18, Redwood Close, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Redwood Close, Spalding have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th May 2022, was 14, Redwood Close, Spalding, PE12 7FL, a freehold house which sold for £300,000.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Redwood Close, Holbeach, Spalding, PE12, 18, Redwood Close, Spalding comes out as the 23rd largest and the 22nd most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the PE12 district.
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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
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Public Transport Nearby
From 18, 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.
