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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Backgate, Spalding is £406,183 and the estimated rental value is £1,366 per month.
Backgate, Cowbit, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
49, Backgate, Spalding has no records in the the Land Registry and a single entry in the EPC database dated August 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 49, Backgate, Spalding is in very good condition we estimate a sale value of £426,492 and a rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,750 and a rental value of £1,270 per month.
Over the last 12 months the sale value of 49 Backgate Spalding has decreased by an estimated £17,410 (4.3%) and its rental value has increased by an estimated £6 per month (0.4%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 49, Backgate, Spalding sits on a plot of 1122m2.
We have plot size data on 57 out of 82 other houses in the postcode and 49, Backgate, Spalding sits on the 9th largest plot.
49, Backgate, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Backgate, Spalding within a radius of 4.2 kilometres over the last 2 years.
The most recent example is 24A, Backgate, Spalding, PE12 6AP, a freehold house which sold for £480,000 on the 22nd March 2024.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Backgate, Cowbit, Spalding, PE12 has a total of 82 addresses. According to our analysis of all the public data, 49, Backgate, Spalding is the 18th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in PE12.
The closest station to 49, Backgate, Spalding is Spalding station which is 5.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 49, Backgate, Spalding, % of property is and % is .
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 49, Backgate, Spalding, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 49, Backgate, 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 49, Backgate, Spalding, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.