2, Chestnut Avenue
2, Chestnut Avenue
Description & Estimates
2, Chestnut Avenue, Spalding is recorded publicly as a mid-century freehold house across 1,065 ft2 of internal area, sitting on a 346 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Chestnut Avenue, Spalding is £227,630 and its rental estimate is £1,131 per month, given the available information and assuming reasonable condition.
Chestnut Avenue, Holbeach, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
2, Chestnut Avenue, Spalding has 21 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated June 2016.
We combine this information with that 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.
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 2, Chestnut Avenue, Spalding, we estimate a market value of £239,012 and a rental value of £1,188 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,696 and £1,052 per month respectively.
Recent Market Change
Over the last year, 2, Chestnut Avenue, Spalding has seen its estimated sale value decline by £5,443 (2.4%) and its estimated rental value climb by £25 per month (2.2%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 2, Chestnut Avenue, Spalding as measuring 346 m2.
That makes it the 17th largest plot in the postcode, where 30 of the 41 other houses have recorded plot data.
Energy Efficiency
2, Chestnut Avenue, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Chestnut Avenue, Spalding completed on 18th October 2016 at £183,000 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 30.0% over the period since October 2016.
- Sold Oct 2016£183,000
- Sold Jan 1995£46,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Chestnut Avenue, Spalding have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2024, was 24, Chestnut Avenue, Spalding, PE12 7NE, a freehold house which sold for £235,000.
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 72 addresses on Chestnut Avenue, Holbeach, Spalding, PE12, 2, Chestnut Avenue, Spalding comes out as the 51st largest and the 58th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 200mHolbeach Primary Academy
- 700mThe Holbeach William Stukeley Church of England Voluntary Aided Primary School
- 2.2kmHolbeach Bank Primary Academy
- 500mUniversity Academy Holbeach
- 8.4kmUniversity Academy Long Sutton
- 10.1kmSpalding Academy
More reading links
Public Transport Nearby
From 2, Chestnut Avenue, Spalding, the nearest station is Spalding, 11.3 kilometres away.
- 11.3kmSpalding
- 18.9kmBoston
- 20.1kmHubberts 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 low, based on Environment Agency data.
