2, Swapcoat Mews
2, Swapcoat Mews
Description & Estimates
Public records show 2, Swapcoat Mews, Spalding to be a modern leasehold apartment with 839 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Swapcoat Mews, Spalding has an estimated sale value of £115,962 and an estimated rental value of £543 per month, assuming reasonable condition and based on the information available.
Swapcoat Mews, Long Sutton, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
2, Swapcoat Mews, Spalding has 31 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Swapcoat Mews, Spalding would be worth £121,761, with a potential rental value of £571 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £107,845, with a rental value of £505 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, Swapcoat Mews, Spalding has declined by £1,088 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (4.2%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
2, Swapcoat Mews, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, Swapcoat Mews, Spalding last changed hands on 17th June 2016, selling for £110,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 31.5% since June 2016.
- Sold Jun 2016£110,000
- Sold May 2011£85,000
- Sold Jun 2005£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 830 metres of 2, Swapcoat Mews, Spalding across the last 2 years.
Most recently, 4, Swapcoat Mews, Spalding, PE12 9RL, a leasehold flat, sold at £91,000 on the 5th August 2022.
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
Our analysis of the public data ranks 2, Swapcoat Mews, Spalding as the 2nd largest and the 2nd most expensive of the 21 addresses on Swapcoat Mews, Long Sutton, Spalding, PE12.
Against the PE12 postcode district average, it is £123k less expensive than the typical property.
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Schools Nearby
- 200mLong Sutton County Primary School
- 2.1kmLutton St Nicholas Primary Academy
- 2.8kmGedney Church End Primary Academy
- 1.1kmUniversity Academy Long Sutton
- 7.3kmUniversity Academy Holbeach
- 11.1kmMarshland High School
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 2, Swapcoat Mews, Spalding at 18.5 kilometres away.
- 18.5kmSpalding
- 19.5kmKings Lynn
- 21.9kmWatlington
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 low risk of flooding.
