490, Broadgate
490, Broadgate
Description & Estimates
490, Broadgate, Spalding is recorded publicly as a mid-century freehold house across 2,088 ft2 of internal area, sitting on a 501 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 490, Broadgate, Spalding is £350,073 and its rental estimate is £1,500 per month, given the available information and assuming reasonable condition.
Broadgate, Weston Hills, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
490, Broadgate, Spalding has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 490, Broadgate, Spalding, we estimate a market value of £367,577 and a rental value of £1,575 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £325,568 and £1,395 per month respectively.
Recent Market Change
Over the last year, 490, Broadgate, Spalding has seen its estimated sale value fall by £18,872 (5.4%) and its estimated rental value move up by £13 per month (0.9%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 490, Broadgate, Spalding as measuring 501 m2.
That makes it the 40th largest plot in the postcode, where 63 of the 78 other houses have recorded plot data.
Energy Efficiency
490, Broadgate, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 490, Broadgate, Spalding completed on 8th June 2022 at £325,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.0% over the period since June 2022.
- Sold Jun 2022£325,000
- Sold Oct 1995£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 490, Broadgate, Spalding have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd May 2023, was 416, Broadgate, Spalding, PE12 6DA, a freehold house which sold for £470,000.
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 229 addresses on Broadgate, Weston Hills, Spalding, PE12, 490, Broadgate, Spalding comes out as the 19th largest and the 37th most expensive in our analysis of the public data.
It is also £111k more expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 700mWeston Hills CofE Primary School
- 2.9kmSpalding Parish Church of England Day School
- 3.1kmThe Cowbit St Mary's Church of England Academy
- 2.8kmSpalding Academy
- 2.9kmSpalding High School
- 3.6kmSpalding Grammar School
More reading links
Public Transport Nearby
From 490, Broadgate, Spalding, the nearest station is Spalding, 4.1 kilometres away.
- 4.1kmSpalding
- 23.1kmSwineshead
- 23.1kmHubberts 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.
