2, Saddlers Mead
2, Saddlers Mead
Description & Estimates
Public records show 2, Saddlers Mead, Spalding to be a modern freehold house with 753 ft2 of internal area, sitting on a 182 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Saddlers Mead, Spalding has an estimated sale value of £95,838 and an estimated rental value of £536 per month, assuming reasonable condition and based on the information available.
Saddlers Mead, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
2, Saddlers Mead, Spalding has 21 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Saddlers Mead, Spalding would be worth £100,630, with a potential rental value of £563 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £89,130, with a rental value of £498 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, Saddlers Mead, Spalding has decreased by £3,471 (3.6%) over the last year. During the same period, its estimated monthly rental value has grown by £16 (3.0%). The property's estimated gross yield is currently 6.7%.
Plot Size
2, Saddlers Mead, Spalding occupies a 182 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
2, Saddlers Mead, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Saddlers Mead, Spalding last changed hands on 21st February 2014, selling for £117,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.1% since February 2014.
- Sold Feb 2014£117,000
- Sold Oct 2005£113,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 2, Saddlers Mead, Spalding across the last 2 years.
Most recently, 19, Saddlers Mead, Spalding, PE11 3GW, a leasehold house, sold at £162,500 on the 16th January 2020.
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, Saddlers Mead, Spalding as the 15th largest and the 14th most expensive of the 21 addresses on Saddlers Mead, Spalding, PE11.
Against the PE11 postcode district average, it is £125k less expensive than the typical property.
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Schools Nearby
- 600mThe Spalding St John the Baptist Church of England Primary School
- 700mMonkshouse Primary Academy
- 1.4kmWygate Park Academy
- 1.4kmSpalding Grammar School
- 2.1kmSpalding High School
- 2.5kmSpalding Academy
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 2, Saddlers Mead, Spalding at 1.6 kilometres away.
- 1.6kmSpalding
- 21.3kmSwineshead
- 22.3kmHubberts 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.
