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According to the public record, 4, Tower Gardens, Spalding is a modern house with 2,486 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Tower Gardens, Spalding is £554,269 and the estimated rental value is £2,163 per month.
Tower Gardens, Holbeach, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
4, Tower Gardens, Spalding has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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.
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, Tower Gardens, Spalding is in very good condition we estimate a sale value of £581,982 and a rental value of £2,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,470 and a rental value of £2,011 per month.
Over the last 12 months the sale value of 4 Tower Gardens Spalding has decreased by an estimated £22,266 (4.0%) and its rental value has increased by an estimated £19 per month (0.9%), giving an expected gross yield of 4.7%.
4, Tower Gardens, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 4, Tower Gardens, Spalding within a radius of 830 metres over the last 2 years.
The most recent example is 5, Tower Gardens, Spalding, PE12 7FT, a freehold house which sold for £570,000 on the 15th September 2023.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Gardens, Holbeach, Spalding, PE12 has a total of 5 addresses. According to our analysis of all the public data, 4, Tower Gardens, Spalding is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in PE12.
The closest station to 4, Tower Gardens, Spalding is Spalding station which is 12.5 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, Tower Gardens, Spalding, 72.4% of property is privately owned outright and 20.2% 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, Tower Gardens, Spalding, 9.1% of residents are recorded as possessing school level qualifications and 15.8% 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, Tower Gardens, Spalding, the average age was 47.2 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, Tower Gardens, 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, Tower Gardens, 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.