2, Miles Bank
2, Miles Bank
Description & Estimates
The public record lists 2, Miles Bank, Spalding as a freehold house sitting on a 599 m2 plot.
Comparison with its neighbours suggests a modern house with 1,380 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
2, Miles Bank, Spalding has an estimated sale value of £339,842 and an estimated rental value of £1,291 per month, assuming reasonable condition and based on the information available.
Miles Bank, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
2, Miles Bank, Spalding has a single entry in the Land Registry from February 2007 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Miles Bank, Spalding would be worth £356,834, with a potential rental value of £1,356 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,053, with a rental value of £1,201 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Miles Bank, Spalding has fallen by £17,644 (5.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £13 (1.0%). The property's estimated gross yield is currently 4.6%.
Plot Size
2, Miles Bank, Spalding occupies a 599 m2 plot as recorded by HM Land Registry.
All 12 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Sold Prices
2, Miles Bank, Spalding last changed hands on 26th February 2007, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 39.3% since February 2007.
- Sold Feb 2007£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 860 metres of 2, Miles Bank, Spalding across the last 2 years.
Most recently, 12, Daniels Reach, Spalding, PE11 3HG, a freehold house, sold at £275,000 on the 8th October 2025.
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
Our analysis of the public data ranks 2, Miles Bank, Spalding as the 12th largest and the 12th most expensive of the 12 addresses on Miles Bank, Spalding, PE11.
Against the PE11 postcode district average, it is £119k more expensive than the typical property.
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Schools Nearby
- 600mSpalding Primary Academy
- 1.1kmWygate Park Academy
- 1.2kmSt Norbert's Catholic Voluntary Academy
- 1.9kmSpalding Grammar School
- 2.2kmSpalding Academy
- 2.2kmSpalding High School
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 2, Miles Bank, Spalding at 1.3 kilometres away.
- 1.3kmSpalding
- 19.0kmSwineshead
- 19.8kmHubberts Bridge
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
