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According to the public record, 8, Malvern Close, Spalding is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 399 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Malvern Close, Spalding is £245,952 and the estimated rental value is £1,069 per month.
Malvern Close, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
8, Malvern Close, Spalding has 21 entries in the Land Registry , most recently in December 2016 and a single entry in the EPC database dated April 2016.
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.
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 8, Malvern Close, Spalding is in very good condition we estimate a sale value of £258,249 and a rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,735 and a rental value of £994 per month.
Over the last 12 months the sale value of 8 Malvern Close Spalding has decreased by an estimated £10,217 (4.2%) and its rental value has increased by an estimated £31 per month (2.9%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 8, Malvern Close, Spalding sits on a plot of 399m2.
We have plot size data on 10 out of 13 other houses in the postcode and 8, Malvern Close, Spalding sits on the 6th largest plot.
8, Malvern Close, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 2016.
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, 8, Malvern Close, Spalding was last sold on 2nd December 2016 for £188,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2016, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Malvern Close, Spalding within a radius of 730 metres over the last 2 years.
The most recent example is 75, West Elloe Avenue, Spalding, PE11 2BJ, a freehold house which sold for £249,950 on the 23rd September 2024.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Close, Spalding, PE11 has a total of 13 addresses. According to our analysis of all the public data, 8, Malvern Close, Spalding is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in PE11.
The closest station to 8, Malvern Close, Spalding is Spalding station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 8, Malvern Close, Spalding, 56.8% of property is privately owned outright and 33.6% 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, Malvern Close, Spalding, 18.4% of residents are recorded as possessing school level qualifications and 24.6% 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, Malvern Close, Spalding, the average age was 40.1 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, Malvern Close, Spalding, 0.6% 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, Malvern Close, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.