587, Broadgate
587, Broadgate
Description & Estimates
Public records show 587, Broadgate, Spalding to be a modern freehold house with 1,356 ft2 of internal area, sitting on a 644 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
587, Broadgate, Spalding has an estimated sale value of £351,353 and an estimated rental value of £1,335 per month, assuming reasonable condition and based on the information available.
Broadgate, Weston Hills, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
587, Broadgate, Spalding has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 587, Broadgate, Spalding would be worth £368,920, with a potential rental value of £1,402 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £326,758, with a rental value of £1,241 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 587, Broadgate, Spalding has declined by £18,941 (5.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £11 (0.9%). The property's estimated gross yield is currently 4.6%.
Plot Size
587, Broadgate, Spalding occupies a 644 m2 plot as recorded by HM Land Registry.
Of the 28 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 15th largest.
Energy Efficiency
587, Broadgate, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
587, Broadgate, Spalding last changed hands on 5th February 2021, selling for £360,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.6% since February 2021.
- Sold Feb 2021£360,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.9 kilometres of 587, Broadgate, Spalding across the last 2 years.
Most recently, 579, Broadgate, Spalding, PE12 6DP, a freehold house, sold at £320,000 on the 31st March 2021.
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
Our analysis of the public data ranks 587, Broadgate, Spalding as the 94th largest and the 35th most expensive of the 229 addresses on Broadgate, Weston Hills, Spalding, PE12.
Against the PE12 postcode district average, it is £112k more expensive than the typical property.
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Schools Nearby
- 2.6kmWeston Hills CofE Primary School
- 2.6kmThe John Harrox Primary School, Moulton
- 2.7kmWeston St Mary Church of England Primary School
- 2.7kmSpalding Academy
- 3.0kmSpalding High School
- 3.7kmSpalding Grammar School
More reading links
Public Transport Nearby
Spalding station is the nearest stop to 587, Broadgate, Spalding at 4.0 kilometres away.
- 4.0kmSpalding
- 21.4kmHubberts Bridge
- 21.6kmSwineshead
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
