32, Market Place
32, Market Place
Description & Estimates
32, Market Place, Spalding appears in the public record as a freehold house sitting on a 87.1 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 531 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 32, Market Place, Spalding is £133,289 and its rental estimate is £747 per month, given the available information and assuming reasonable condition.
Market Place, Long Sutton, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
32, Market Place, Spalding has a single entry in the Land Registry from July 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 32, Market Place, Spalding, we estimate a market value of £139,953 and a rental value of £784 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,959 and £695 per month respectively.
Recent Market Change
Over the last year, 32, Market Place, Spalding has seen its estimated sale value drop by £1,456 (1.1%) and its estimated rental value rise by £30 per month (4.0%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 32, Market Place, Spalding as measuring 87 m2.
That makes it the 4th largest plot in the postcode, where 1 of the 7 other houses have recorded plot data.
Sold Prices
The most recent sale of 32, Market Place, Spalding completed on 13th July 2009 at £75,000 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 100.8% over the period since July 2009.
- Sold Jul 2009£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 32, Market Place, Spalding have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2023, was 12, Taverners Mews, Spalding, PE12 9BF, a freehold house which sold for £105,000.
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
Of the 33 addresses on Market Place, Long Sutton, Spalding, PE12, 32, Market Place, Spalding comes out as the 10th largest and the 11th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 500mLong Sutton County Primary School
- 2.3kmLutton St Nicholas Primary Academy
- 3.1kmGedney Church End Primary Academy
- 1.2kmUniversity Academy Long Sutton
- 7.6kmUniversity Academy Holbeach
- 10.8kmMarshland High School
More reading links
Public Transport Nearby
From 32, Market Place, Spalding, the nearest station is Spalding, 18.7 kilometres away.
- 18.7kmSpalding
- 19.3kmKings Lynn
- 21.6kmWatlington
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 very low, based on Environment Agency data.
