385, Broadgate
385, Broadgate
Description & Estimates
385, Broadgate, Spalding is recorded publicly as a mid-century freehold house across 936 ft2 of internal area, sitting on a 747 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 385, Broadgate, Spalding is £251,867 and its rental estimate is £990 per month, given the available information and assuming reasonable condition.
Broadgate, Weston Hills, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
385, Broadgate, Spalding has 3 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 385, Broadgate, Spalding, we estimate a market value of £264,460 and a rental value of £1,039 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £234,236 and £920 per month respectively.
Recent Market Change
Over the last year, 385, Broadgate, Spalding has seen its estimated sale value decrease by £6,022 (2.4%) and its estimated rental value grow by £22 per month (2.2%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 385, Broadgate, Spalding as measuring 747 m2.
That makes it the 23rd largest plot in the postcode, where 49 of the 70 other houses have recorded plot data.
Energy Efficiency
385, Broadgate, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 385, Broadgate, Spalding completed on 9th February 2023 at £285,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 17.5% over the period since February 2023.
- Sold Feb 2023£285,000
- Sold Jan 2015£172,500
- Sold Jan 2010£124,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 385, Broadgate, Spalding have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2022, was 304, Broadgate, Spalding, PE12 6DA, a freehold house which sold for £255,000.
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 229 addresses on Broadgate, Weston Hills, Spalding, PE12, 385, Broadgate, Spalding comes out as the 178th largest and the 162nd most expensive in our analysis of the public data.
It is also £13k more expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 1.0kmWeston Hills CofE Primary School
- 3.0kmSpalding Parish Church of England Day School
- 3.4kmThe Cowbit St Mary's Church of England Academy
- 2.9kmSpalding Academy
- 3.0kmSpalding High School
- 3.7kmSpalding Grammar School
More reading links
Public Transport Nearby
From 385, Broadgate, Spalding, the nearest station is Spalding, 4.1 kilometres away.
- 4.1kmSpalding
- 23.0kmHubberts Bridge
- 23.0kmSwineshead
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.
