5, Union Street
5, Union Street
Description & Estimates
5, Union Street, Spalding is recorded publicly as a period freehold house across 790 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Union Street, Spalding is £183,887 and its rental estimate is £977 per month, given the available information and assuming reasonable condition.
Union Street, Holbeach, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
5, Union Street, Spalding has 61 entries in the Land Registry , most recently in April 2015 and a single entry in the EPC database dated October 2009.
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 5, Union Street, Spalding, we estimate a market value of £193,081 and a rental value of £1,026 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £171,015 and £908 per month respectively.
Recent Market Change
Over the last year, 5, Union Street, Spalding has seen its estimated sale value decline by £4,397 (2.4%) and its estimated rental value climb by £22 per month (2.2%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
5, Union Street, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Union Street, Spalding completed on 7th April 2015 at £118,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 46.1% over the period since April 2015.
- Sold Apr 2015£118,000
- Sold Jan 2010£105,000
- Sold Jun 2007£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Union Street, Spalding have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 26A, Union Street, Spalding, PE12 7BA, a freehold house which sold for £185,000.
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 16 addresses on Union Street, Holbeach, Spalding, PE12, 5, Union Street, Spalding comes out as the 14th largest and the 12th most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the PE12 district.
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Schools Nearby
- 1.4kmThe Holbeach William Stukeley Church of England Voluntary Aided Primary School
- 1.5kmHolbeach Primary Academy
- 2.0kmFleet Wood Lane School
- 1.2kmUniversity Academy Holbeach
- 6.7kmUniversity Academy Long Sutton
- 11.5kmSpalding Academy
More reading links
Public Transport Nearby
From 5, Union Street, Spalding, the nearest station is Spalding, 12.7 kilometres away.
- 12.7kmSpalding
- 19.9kmBoston
- 21.4kmHubberts 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.
