40, Eastgate
40, Eastgate
Description & Estimates
40, Eastgate, Spalding appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 571 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Eastgate, Spalding is £163,527 and its rental estimate is £816 per month, given the available information and assuming reasonable condition.
Eastgate, Fleet, Holbeach, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
40, Eastgate, Spalding has a single entry in the Land Registry from November 2008 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 5 out of 5 and is considered of high 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 40, Eastgate, Spalding, we estimate a market value of £171,703 and a rental value of £857 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,080 and £759 per month respectively.
Recent Market Change
Over the last year, 40, Eastgate, Spalding has seen its estimated sale value decline by £1,787 (1.1%) and its estimated rental value climb by £33 per month (4.0%). This results in an estimated gross rental yield of 6.0%.
Sold Prices
The most recent sale of 40, Eastgate, Spalding completed on 13th November 2008 at £79,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 57.0% over the period since November 2008.
- Sold Nov 2008£79,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Eastgate, Spalding have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th November 2024, was 1, Burgess Drive, Spalding, PE12 8NR, a freehold house which sold for £183,000.
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 54 addresses on Eastgate, Fleet, Holbeach, Spalding, PE12, 40, Eastgate, Spalding comes out as the 54th largest and the 54th most expensive in our analysis of the public data.
It is also £76k less expensive than the average property across the PE12 district.
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Schools Nearby
- 1.0kmGedney Church End Primary Academy
- 1.3kmFleet Wood Lane School
- 3.7kmLong Sutton County Primary School
- 3.5kmUniversity Academy Holbeach
- 4.4kmUniversity Academy Long Sutton
- 13.9kmSpalding Academy
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Public Transport Nearby
From 40, Eastgate, Spalding, the nearest station is Spalding, 15.2 kilometres away.
- 15.2kmSpalding
- 20.5kmBoston
- 22.6kmHubberts 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 low, based on Environment Agency data.
