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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, St. James Way, Spalding is a early-century freehold house with 1,840 ft2 of internal area and sits on a 513 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, St. James Way, Spalding is £333,575 and the estimated rental value is £1,334 per month.
St. James Way, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
2, St. James Way, Spalding has a single entry in the Land Registry from November 2009 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, St. James Way, Spalding is in very good condition we estimate a sale value of £350,253 and a rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,224 and a rental value of £1,240 per month.
Over the last 12 months the sale value of 2 St. James Way Spalding has decreased by an estimated £21,358 (6.4%) and its rental value has increased by an estimated £13 per month (1.0%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 2, St. James Way, Spalding sits on a plot of 513m2.
We have plot size data on 4 out of 5 other houses in the postcode and 2, St. James Way, Spalding sits on the largest plot.
2, St. James Way, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, St. James Way, Spalding was last sold on 5th November 2009 for £173,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2009, the market for similar properties has risen 60.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, St. James Way, Spalding within a radius of 690 metres over the last 2 years.
The most recent example is 9, Balmoral Avenue, Spalding, PE11 2RN, a freehold house which sold for £350,000 on the 29th November 2023.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. James Way, Spalding, PE11 has a total of 5 addresses. According to our analysis of all the public data, 2, St. James Way, Spalding is the largest and the most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in PE11.
The closest station to 2, St. James Way, Spalding is Spalding station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, St. James Way, Spalding, 58.2% of property is privately owned outright and 19.9% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, St. James Way, Spalding, 12.6% of residents are recorded as possessing school level qualifications and 24.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, St. James Way, Spalding, the average age was 42.5 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, St. James Way, Spalding, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, St. James Way, Spalding, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
