2, Park Avenue
2, Park Avenue
Description & Estimates
Public records show 2, Park Avenue, Spalding to be a period freehold house with 807 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Park Avenue, Spalding has an estimated sale value of £181,730 and an estimated rental value of £971 per month, assuming reasonable condition and based on the information available.
Park Avenue, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
2, Park Avenue, Spalding has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that 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
In very good condition, we estimate 2, Park Avenue, Spalding would be worth £190,817, with a potential rental value of £1,020 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £169,009, with a rental value of £903 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, Park Avenue, Spalding has dropped by £6,583 (3.6%) over the last year. During the same period, its estimated monthly rental value has risen by £29 (3.0%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
2, Park Avenue, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Park Avenue, Spalding last changed hands on 8th September 2023, selling for £155,000. 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 2.8% since September 2023.
- Sold Sep 2023£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 2, Park Avenue, Spalding across the last 2 years.
Most recently, 21, Park Avenue, Spalding, PE11 1QU, a freehold house, sold at £176,000 on the 28th June 2024.
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, Park Avenue, Spalding as the 57th largest and the 74th most expensive of the 77 addresses on Park Avenue, Spalding, PE11.
Against the PE11 postcode district average, it is £39k less expensive than the typical property.
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Schools Nearby
- 400mSpalding Primary Academy
- 500mSt Norbert's Catholic Voluntary Academy
- 700mWygate Park Academy
- 1.1kmSpalding Grammar School
- 1.5kmSpalding High School
- 1.5kmSpalding Academy
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 2, Park Avenue, Spalding at 400 metres away.
- 400mSpalding
- 19.8kmSwineshead
- 20.6kmHubberts 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.
