51, New Road
51, New Road
Description & Estimates
51, New Road, Spalding is recorded publicly as a mid-century freehold house across 968 ft2 of internal area, sitting on a 664 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, New Road, Spalding is £243,335 and its rental estimate is £1,096 per month, given the available information and assuming reasonable condition.
New Road, Sutton Bridge, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
51, New Road, Spalding has 3 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 51, New Road, Spalding, we estimate a market value of £255,502 and a rental value of £1,150 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £226,302 and £1,019 per month respectively.
Recent Market Change
Over the last year, 51, New Road, Spalding has seen its estimated sale value move down by £5,818 (2.4%) and its estimated rental value increase by £24 per month (2.2%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 51, New Road, Spalding as measuring 664 m2.
That makes it the 27th largest plot in the postcode, where 44 of the 66 other houses have recorded plot data.
Energy Efficiency
51, New Road, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jan 2014.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51, New Road, Spalding completed on 2nd May 2023 at £315,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 4.7% over the period since May 2023.
- Sold May 2023£315,000
- Sold Jul 2017£170,000
- Sold May 2009£97,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, New Road, Spalding have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 70, Wrights Lane, Spalding, PE12 9RH, a freehold house which sold for £285,000.
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 144 addresses on New Road, Sutton Bridge, Spalding, PE12, 51, New Road, Spalding comes out as the 115th largest and the 95th most expensive in our analysis of the public data.
It is also £4k more expensive than the average property across the PE12 district.
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Schools Nearby
- 600mSutton Bridge Westmere Community Primary School
- 4.5kmWalpole Cross Keys Primary School
- 4.9kmAnthony Curton CofE Primary School
- 4.8kmUniversity Academy Long Sutton
- 7.2kmSt Clement's High School
- 8.5kmMarshland High School
More reading links
Public Transport Nearby
From 51, New Road, Spalding, the nearest station is Kings Lynn, 14.4 kilometres away.
- 14.4kmKings Lynn
- 17.0kmWatlington
- 22.1kmDownham Market
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.
