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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
46, New Road, Spalding appears in the public record as a freehold house sitting on a 644 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,323 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 46, New Road, Spalding is £289,699 and its rental estimate is £1,267 per month, given the available information and assuming reasonable condition.
New Road, Sutton Bridge, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
46, New Road, Spalding has 51 entries in the Land Registry , most recently in November 2016 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 3 out of 5 and is considered of medium accuracy.
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 46, New Road, Spalding, we estimate a market value of £304,184 and a rental value of £1,331 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,420 and £1,179 per month respectively.
Over the last year, 46, New Road, Spalding has seen its estimated sale value fall by £15,617 (5.4%) and its estimated rental value move up by £11 per month (0.9%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 46, New Road, Spalding as measuring 644 m2.
That makes it the 31st largest plot in the postcode, where 44 of the 66 other houses have recorded plot data.
The most recent sale of 46, New Road, Spalding completed on 24th November 2016 at £217,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 36.1% over the period since November 2016.
Over the past 2 years 3 properties similar to 46, New Road, Spalding have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st September 2023, was Millbank, Mill Lane, Spalding, PE12 9UE, a freehold house which sold for £335,000.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 144 addresses on New Road, Sutton Bridge, Spalding, PE12, 46, New Road, Spalding comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £51k more expensive than the average property across the PE12 district.
From 46, New Road, Spalding, the nearest station is Kings Lynn, 14.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 46, New Road, Spalding, 61.3% of property is privately owned outright and 24.8% 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 46, New Road, Spalding, 11.4% of residents are recorded as possessing school level qualifications and 19.3% 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 46, New Road, 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 46, New Road, Spalding, 0.7% 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 46, New Road, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
