244, Park Road
244, Park Road
Description & Estimates
244, Park Road, Spalding is recorded publicly as a period freehold house across 775 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 244, Park Road, Spalding is £178,189 and its rental estimate is £935 per month, given the available information and assuming reasonable condition.
Park Road, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
244, Park Road, Spalding has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated April 2023.
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 244, Park Road, Spalding, we estimate a market value of £187,098 and a rental value of £981 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,715 and £869 per month respectively.
Recent Market Change
Over the last year, 244, Park Road, Spalding has seen its estimated sale value decline by £6,454 (3.6%) and its estimated rental value climb by £28 per month (3.0%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
244, Park Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2023.
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 244, Park Road, Spalding completed on 4th April 2013 at £82,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 67.6% over the period since April 2013.
- Sold Apr 2013£82,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 244, Park Road, Spalding have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 2, Park Avenue, Spalding, PE11 1QU, a freehold house which sold for £155,000.
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 148 addresses on Park Road, Spalding, PE11, 244, Park Road, Spalding comes out as the 119th largest and the 65th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the PE11 district.
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Schools Nearby
- 600mSpalding Primary Academy
- 800mSt Norbert's Catholic Voluntary Academy
- 1.0kmWygate Park Academy
- 1.2kmSpalding Grammar School
- 1.5kmSpalding High School
- 1.5kmSpalding Academy
More reading links
Public Transport Nearby
From 244, Park Road, Spalding, the nearest station is Spalding, 700 metres away.
- 700mSpalding
- 19.6kmSwineshead
- 20.3kmHubberts 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.
