22, Miles Bank
22, Miles Bank
Description & Estimates
According to the public record, 22, Miles Bank, Spalding is a modern freehold house with 2,884 ft2 of internal area and sits on a 857 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Miles Bank, Spalding is £536,592 and the estimated rental value is £2,094 per month.
Miles Bank, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
Our Data Sources
22, Miles Bank, Spalding has 51 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated July 2022.
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
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 22, Miles Bank, Spalding is in very good condition we estimate a sale value of £563,421 and a rental value of £2,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £499,030 and a rental value of £1,947 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 22, Miles Bank, Spalding has declined by £28,143 (5.2%), while its estimated rental value has climbed by £17 per month (0.8%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Plot Size
According to data from HM Land Registry, 22, Miles Bank, Spalding sits on a plot of 857 m2.
We have plot size data on 12 out of 12 other houses in the postcode and 22, Miles Bank, Spalding sits on the 2nd largest plot.
Energy Efficiency
22, Miles Bank, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 22, Miles Bank, Spalding was last sold on 21st December 2022 for £590,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since December 2022, the market for similar properties has dropped by 14.9%.
- Sold Dec 2022£590,000
- Sold Dec 2014£380,000
- Sold Apr 2000£193,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Miles Bank, Spalding within a radius of 900 metres over the last 2 years.
The most recent example is 109, Woolram Wygate, Spalding, PE11 3PA, a freehold house which sold for £625,000 on the 28th September 2021.
Read more about house prices in PE11.
- Sold Sep 2021£625,000 | 5 Bed House109, Woolram Wygate, Spalding, PE11 3PA109, Woolram Wygate, Spalding, PE11 3PA
- Sold Apr 2021£415,000 | 5 Bed House2A, Fairview Way, Spalding, PE11 3PL2A, Fairview Way, Spalding, PE11 3PL
- Sold Nov 2018£405,000 | 5 Bed House2, Fern Drive, Spalding, PE11 1GG2, Fern Drive, Spalding, PE11 1GG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Miles Bank, Spalding, PE11 has a total of 12 addresses. According to our analysis of all the public data, 22, Miles Bank, Spalding is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £316k more expensive than the average property in PE11.
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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
The closest station to 22, Miles Bank, Spalding is Spalding station, which is 1.3 kilometres away.
- 1.3kmSpalding
- 19.0kmSwineshead
- 19.8kmHubberts Bridge
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
