4, Hillgate
4, Hillgate
Description & Estimates
4, Hillgate, Spalding is recorded publicly as a period freehold house across 2,841 ft2 of internal area, sitting on a 1,472 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 4, Hillgate, Spalding is £445,533 and its rental estimate is £1,919 per month, given the available information and assuming reasonable condition.
Hillgate, Gedney Hill, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
4, Hillgate, Spalding has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Hillgate, Spalding, we estimate a market value of £467,809 and a rental value of £2,015 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £414,345 and £1,785 per month respectively.
Recent Market Change
Over the last year, 4, Hillgate, Spalding has seen its estimated sale value fall by £17,898 (4.0%) and its estimated rental value move up by £17 per month (0.9%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 4, Hillgate, Spalding as measuring 1,472 m2.
That makes it the 2nd largest plot in the postcode, where 17 of the 33 other houses have recorded plot data.
Energy Efficiency
4, Hillgate, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 4, Hillgate, Spalding completed on 14th December 2021 at £455,000 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 8.1% over the period since December 2021.
- Sold Dec 2021£455,000
- Sold Dec 1999£91,500
- Sold May 1996£66,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Hillgate, Spalding have sold within a radius of 5.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2023, was 28, West Drove South, Spalding, PE12 0PN, a freehold house which sold for £625,000.
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 35 addresses on Hillgate, Gedney Hill, Spalding, PE12, 4, Hillgate, Spalding comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £206k more expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 500mThe Gedney Hill Church of England VC Primary School
- 3.4kmShepeau Stow Primary School
- 4.2kmAlderman Payne Primary School
- 12.6kmThe Wisbech Academy
- 13.0kmThomas Clarkson Academy
- 13.8kmSpalding High School
More reading links
Public Transport Nearby
From 4, Hillgate, Spalding, the nearest station is Spalding, 14.9 kilometres away.
- 14.9kmSpalding
- 15.6kmMarch
- 16.1kmWhittlesea
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.
