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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, 22, Needham Drive, Spalding is a modern freehold house with 2,163 ft2 of internal area and sits on a 670 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 22, Needham Drive, Spalding is £311,655 and the estimated rental value is £1,610 per month.
Needham Drive, Sutton St. James, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
22, Needham Drive, Spalding has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated January 2021.
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.
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, Needham Drive, Spalding is in very good condition we estimate a sale value of £327,237 and a rental value of £1,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,839 and a rental value of £1,498 per month.
Over the last 12 months the sale value of 22 Needham Drive Spalding has decreased by an estimated £16,801 (5.4%) and its rental value has increased by an estimated £14 per month (0.9%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 22, Needham Drive, Spalding sits on a plot of 670m2.
We have plot size data on 34 out of 36 other houses in the postcode and 22, Needham Drive, Spalding sits on the 12th largest plot.
22, Needham Drive, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 22, Needham Drive, Spalding was last sold on 28th June 2021 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has dropped 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Needham Drive, Spalding within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 88, Chapelgate, Spalding, PE12 0EE, a freehold house which sold for £310,000 on the 18th December 2020.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Needham Drive, Sutton St. James, Spalding, PE12 has a total of 36 addresses. According to our analysis of all the public data, 22, Needham Drive, Spalding is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in PE12.
The closest station to 22, Needham Drive, Spalding is Spalding station which is 15.9 kilometres away.
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.
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 22, Needham Drive, Spalding, 35.2% of property is privately owned outright and 31.5% 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 22, Needham Drive, Spalding, 18.8% of residents are recorded as possessing school level qualifications and 16.7% 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 22, Needham Drive, Spalding, the average age was 47.2 and the most common age was 57.
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 22, Needham Drive, 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 22, Needham Drive, Spalding, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
