24, Mulberry Way
24, Mulberry Way
Description & Estimates
24, Mulberry Way, Spalding is recorded publicly as a modern freehold house across 1,216 ft2 of internal area, sitting on a 443 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 24, Mulberry Way, Spalding is £312,351 and its rental estimate is £1,172 per month, given the available information and assuming reasonable condition.
Mulberry Way, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
24, Mulberry Way, Spalding has 21 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Mulberry Way, Spalding, we estimate a market value of £327,968 and a rental value of £1,230 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,486 and £1,090 per month respectively.
Recent Market Change
Over the last year, 24, Mulberry Way, Spalding has seen its estimated sale value decrease by £11,314 (3.6%) and its estimated rental value grow by £35 per month (3.0%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 24, Mulberry Way, Spalding as measuring 443 m2.
That makes it the 12th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
24, Mulberry Way, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Mulberry Way, Spalding completed on 27th July 2021 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 5.1% over the period since July 2021.
- Sold Jul 2021£320,000
- Sold Jan 2002£139,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Mulberry Way, Spalding have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2024, was 2, Birch Grove, Spalding, PE11 2HL, a freehold house which sold for £225,000.
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
Of the 27 addresses on Mulberry Way, Spalding, PE11, 24, Mulberry Way, Spalding comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £92k more expensive than the average property across the PE11 district.
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Schools Nearby
- 200mSpalding Parish Church of England Day School
- 1.6kmSt Paul's Community Primary and Nursery School, Spalding
- 1.6kmSt Norbert's Catholic Voluntary Academy
- 300mSpalding High School
- 600mSpalding Academy
- 900mSpalding Grammar School
More reading links
Public Transport Nearby
From 24, Mulberry Way, Spalding, the nearest station is Spalding, 1.4 kilometres away.
- 1.4kmSpalding
- 21.3kmSwineshead
- 21.8kmHubberts Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
