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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
37, Albert Street, Spalding is recorded publicly as a period freehold house across 538 ft2 of internal area, sitting on a 62.6 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 37, Albert Street, Spalding is £115,639 and its rental estimate is £648 per month, given the available information and assuming reasonable condition.
Albert Street, Holbeach, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
37, Albert Street, Spalding has 51 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated October 2020.
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.
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 37, Albert Street, Spalding, we estimate a market value of £121,421 and a rental value of £680 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,544 and £603 per month respectively.
Over the last year, 37, Albert Street, Spalding has seen its estimated sale value move down by £1,264 (1.1%) and its estimated rental value increase by £26 per month (4.0%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 37, Albert Street, Spalding as measuring 63 m2.
That makes it the 8th largest plot in the postcode, where 12 of the 18 other houses have recorded plot data.
37, Albert Street, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 37, Albert Street, Spalding completed on 9th April 2021 at £103,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 32.2% over the period since April 2021.
Over the past 2 years 3 properties similar to 37, Albert Street, Spalding have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st July 2021, was 31, Albert Street, Spalding, PE12 7DR, a freehold house which sold for £98,000.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 48 addresses on Albert Street, Holbeach, Spalding, PE12, 37, Albert Street, Spalding comes out as the 46th largest and the 46th most expensive in our analysis of the public data.
It is also £124k less expensive than the average property across the PE12 district.
From 37, Albert Street, Spalding, the nearest station is Spalding, 11.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 37, Albert Street, Spalding, 44.8% of property is privately rented and 25.9% 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 37, Albert Street, Spalding, 14.3% of residents are recorded as possessing school level qualifications and 17.1% 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 37, Albert Street, Spalding, the average age was 44.5 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 37, Albert Street, Spalding, 0.2% 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 37, Albert Street, Spalding, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
