4, Beechams Mews
4, Beechams Mews
Description & Estimates
4, Beechams Mews, Spalding is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Beechams Mews, Spalding is £107,676 and its rental estimate is £538 per month, given the available information and assuming reasonable condition.
Beechams Mews, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
4, Beechams Mews, Spalding has 31 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated April 2019.
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 4, Beechams Mews, Spalding, we estimate a market value of £113,060 and a rental value of £565 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,139 and £501 per month respectively.
Recent Market Change
Over the last year, 4, Beechams Mews, Spalding has seen its estimated sale value decrease by £2,381 (2.2%) and its estimated rental value grow by £22 per month (4.0%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
4, Beechams Mews, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 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 4, Beechams Mews, Spalding completed on 31st October 2019 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 11.7% over the period since October 2019.
- Sold Oct 2019£80,000
- Sold Jun 2006£90,000
- Sold Apr 1999£32,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Beechams Mews, Spalding have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2019, was 19, Cortez Close, Spalding, PE11 2GT, a leasehold flat which sold for £111,500.
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 16 addresses on Beechams Mews, Spalding, PE11, 4, Beechams Mews, Spalding comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £113k less expensive than the average property across the PE11 district.
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Schools Nearby
- 300mThe Spalding St John the Baptist Church of England Primary School
- 600mSt Norbert's Catholic Voluntary Academy
- 800mMonkshouse Primary Academy
- 600mSpalding Grammar School
- 1.4kmSpalding High School
- 1.7kmSpalding Academy
More reading links
Public Transport Nearby
From 4, Beechams Mews, Spalding, the nearest station is Spalding, 700 metres away.
- 700mSpalding
- 20.8kmSwineshead
- 21.7kmHubberts 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.
