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Apartments of this size in this area are normally studios with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Abbey Path, Spalding is £30,392 and the estimated rental value is £205 per month.
The apartment is within 5, Abbey Path, Spalding, PE11.
Abbey Path, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
5, Abbey Path, Spalding has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Abbey Path, Spalding is in very good condition we estimate a sale value of £31,911 and a rental value of £215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £28,264 and a rental value of £190 per month.
Over the last 12 months the sale value of 5 Abbey Path Spalding has decreased by an estimated £803 (2.6%) and its rental value has increased by an estimated £10 per month (5.1%), giving an expected gross yield of 8.1%.
5, Abbey Path, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 5, Abbey Path, Spalding over the last 2 years.
The most recent example is 9, Abbey Path, Spalding, PE11 1AY, a freehold house which sold for £155,000 on the 10th December 2021.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Path, Spalding, PE11 has a total of 25 addresses. According to our analysis of all the public data, 5, Abbey Path, Spalding is the 13th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in PE11.
The closest station to 5, Abbey Path, Spalding is Spalding station which is 400 metres 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 5, Abbey Path, Spalding, 56.8% of property is privately rented and 30.8% is privately owned outright.
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 5, Abbey Path, Spalding, 12.5% of residents are recorded as possessing school level qualifications and 24.6% 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 5, Abbey Path, Spalding, the average age was 40.1 and the most common age was 32.
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 5, Abbey Path, Spalding, 0.8% 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 5, Abbey Path, Spalding, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.