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According to the public record, 4, Lowery Close, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,780 ft2 of internal area and sits on a 1,307 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Lowery Close, Spalding is £295,206 and the estimated rental value is £1,348 per month.
Lowery Close, Long Sutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
4, Lowery Close, Spalding has a single entry in the Land Registry from May 2024 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 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Lowery Close, Spalding is in very good condition we estimate a sale value of £309,966 and a rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,541 and a rental value of £1,253 per month.
Over the last 12 months the sale value of 4 Lowery Close Spalding has decreased by an estimated £12,653 (4.3%) and its rental value has increased by an estimated £6 per month (0.4%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 4, Lowery Close, Spalding sits on a plot of 1307m2.
We have plot size data on 8 out of 9 other houses in the postcode and 4, Lowery Close, Spalding sits on the largest plot.
According to HM Land Registry, 4, Lowery Close, Spalding was last sold on 3rd May 2024 for £394,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Lowery Close, Spalding within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 13, Lowery Close, Spalding, PE12 9FG, a freehold house which sold for £422,500 on the 13th September 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowery Close, Long Sutton, Spalding, PE12 has a total of 9 addresses. According to our analysis of all the public data, 4, Lowery Close, Spalding is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in PE12.
The closest station to 4, Lowery Close, Spalding is Kings Lynn station which is 18.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Lowery Close, Spalding, 44.2% of property is privately owned outright and 29.5% 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 4, Lowery Close, Spalding, 16.5% of residents are recorded as possessing school level qualifications and 16.0% 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 4, Lowery Close, Spalding, the average age was 46.1 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 4, Lowery Close, Spalding, 0.0% 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 4, Lowery Close, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.