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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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Public records show 8, Kensington Drive, Spalding to be a mid-century freehold house with 839 ft2 of internal area, sitting on a 293 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Kensington Drive, Spalding has an estimated sale value of £193,631 and an estimated rental value of £963 per month, assuming reasonable condition and based on the information available.
Kensington Drive, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
8, Kensington Drive, Spalding has 3 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2015.
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.
In very good condition, we estimate 8, Kensington Drive, Spalding would be worth £203,313, with a potential rental value of £1,011 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,077, with a rental value of £896 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Kensington Drive, Spalding has moved down by £7,014 (3.6%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (3.0%). The property's estimated gross yield is currently 6.0%.
8, Kensington Drive, Spalding occupies a 293 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 10th largest.
8, Kensington Drive, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
8, Kensington Drive, Spalding last changed hands on 29th January 2021, selling for £185,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 8.2% since January 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 8, Kensington Drive, Spalding across the last 2 years.
Most recently, 9, Belvedere Close, Spalding, PE11 2UT, a freehold house, sold at £165,000 on the 20th September 2024.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Kensington Drive, Spalding as the 6th largest and the 7th most expensive of the 17 addresses on Kensington Drive, Spalding, PE11.
Against the PE11 postcode district average, it is £27k less expensive than the typical property.
Spalding station is the nearest stop to 8, Kensington Drive, Spalding at 1.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a medium risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Kensington Drive, Spalding, 57.5% of property is privately owned outright and 25.7% is privately owned with a mortgage.
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 8, Kensington Drive, Spalding, 10.6% of residents are recorded as possessing school level qualifications and 23.3% 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 8, Kensington 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 8, Kensington Drive, Spalding, 0.8% 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 8, Kensington Drive, Spalding, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
