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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
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According to the public record, 50, Piccard Drive, Spalding is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Piccard Drive, Spalding is £141,763 and the estimated rental value is £684 per month.
Piccard Drive, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
50, Piccard Drive, Spalding has 2 entries in the Land Registry , most recently in May 2011 and a single entry in the EPC database dated December 2021.
We combine this information with that 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 50, Piccard Drive, Spalding is in very good condition we estimate a sale value of £148,851 and a rental value of £718 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,840 and a rental value of £636 per month.
Over the last 12 months the sale value of 50 Piccard Drive Spalding has decreased by an estimated £4,161 (2.9%) and its rental value has increased by an estimated £33 per month (4.8%), giving an expected gross yield of 5.8%.
50, Piccard Drive, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 50, Piccard Drive, Spalding was last sold on 13th May 2011 for £106,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Piccard Drive, Spalding within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 2, 83, St. Thomas Road, Spalding, PE11 2TJ, a leasehold flat which sold for £88,000 on the 16th May 2014.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Piccard Drive, Spalding, PE11 has a total of 37 addresses. According to our analysis of all the public data, 50, Piccard Drive, Spalding is the 26th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in PE11.
The closest station to 50, Piccard Drive, Spalding is Spalding station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Piccard Drive, Spalding, 42.5% of property is privately owned with a mortgage and 32.7% is privately rented.
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 50, Piccard Drive, Spalding, 25.3% of residents are recorded as possessing school level qualifications and 28.2% 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 50, Piccard Drive, Spalding, the average age was 42.3 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 50, Piccard Drive, 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 50, Piccard Drive, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
