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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
According to the public record, 5, Cobgate Close, Spalding is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 376 ft2 of internal area and sits on a 500 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Cobgate Close, Spalding is £125,239 and the estimated rental value is £633 per month.
Cobgate Close, Whaplode, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
5, Cobgate Close, Spalding has a single entry in the Land Registry from February 2007 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 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, Cobgate Close, Spalding is in very good condition we estimate a sale value of £131,501 and a rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,472 and a rental value of £589 per month.
Over the last 12 months the sale value of 5 Cobgate Close Spalding has increased by an estimated £54 (0.0%) and its rental value has increased by an estimated £33 per month (5.2%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 5, Cobgate Close, Spalding sits on a plot of 500m2.
We have plot size data on 8 out of 8 other houses in the postcode and 5, Cobgate Close, Spalding sits on the 7th largest plot.
According to HM Land Registry, 5, Cobgate Close, Spalding was last sold on 6th February 2007 for £58,950 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 39.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cobgate Close, Spalding within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 2, Stockwell Gate, Spalding, PE12 6UE, a freehold house which sold for £80,000 on the 14th November 2017.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cobgate Close, Whaplode, Spalding, PE12 has a total of 8 addresses. According to our analysis of all the public data, 5, Cobgate Close, Spalding is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in PE12.
The closest station to 5, Cobgate Close, Spalding is Spalding station which is 7.8 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 5, Cobgate Close, Spalding, 53.0% of property is privately owned outright and 20.9% 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 5, Cobgate Close, Spalding, 12.8% of residents are recorded as possessing school level qualifications and 14.0% 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, Cobgate Close, Spalding, the average age was 46.3 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 5, Cobgate Close, Spalding, 2.3% 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, Cobgate Close, Spalding, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
