70, South Drove
70, South Drove
Description & Estimates
70, South Drove, Spalding is recorded publicly as a period freehold house across 861 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 70, South Drove, Spalding is £216,319 and its rental estimate is £1,026 per month, given the available information and assuming reasonable condition.
South Drove, Lutton Marsh, Spalding, PE12 falls within the PE12 postal district, in the borough of South Holland.
Our Data Sources
70, South Drove, Spalding has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated October 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 70, South Drove, Spalding, we estimate a market value of £227,135 and a rental value of £1,077 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,177 and £954 per month respectively.
Recent Market Change
Over the last year, 70, South Drove, Spalding has seen its estimated sale value drop by £5,172 (2.4%) and its estimated rental value rise by £23 per month (2.2%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
70, South Drove, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 70, South Drove, Spalding completed on 14th October 2022 at £255,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 0.2% over the period since October 2022.
- Sold Oct 2022£255,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 70, South Drove, Spalding have sold within a radius of 5.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2021, was 228, South Drove, Spalding, PE12 9NT, a freehold house which sold for £225,000.
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 20 addresses on South Drove, Lutton Marsh, Spalding, PE12, 70, South Drove, Spalding comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £23k less expensive than the average property across the PE12 district.
More reading links
Schools Nearby
- 2.7kmGedney Drove End Primary School
- 3.5kmLutton St Nicholas Primary Academy
- 5.0kmSutton Bridge Westmere Community Primary School
- 3.8kmUniversity Academy Long Sutton
- 10.4kmSt Clement's High School
- 10.5kmUniversity Academy Holbeach
More reading links
Public Transport Nearby
From 70, South Drove, Spalding, the nearest station is Kings Lynn, 17.1 kilometres away.
- 17.1kmKings Lynn
- 21.4kmWatlington
- 22.3kmSpalding
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
