Our Data Sources
8, Melville Way, Spalding has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated January 2023.
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
In very good condition, we estimate 8, Melville Way, Spalding would be worth £194,043, with a potential rental value of £979 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £171,867, with a rental value of £867 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
8, Melville Way, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Melville Way, Spalding last changed hands on 19th January 2023, selling for £174,995. 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 dropped by 6.9% since January 2023.
- Sold Jan 2023£174,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 258 sales of comparable properties within 850 metres of 8, Melville Way, Spalding across the last 2 years.
Most recently, 10, Nesbit Avenue, Spalding, PE11 1FY, a freehold house, sold at £173,000 on the 28th November 2024.
Read more about house prices in PE11.
- Sold Nov 2024£173,000 | 3 Bed House10, Nesbit Avenue, Spalding, PE11 1FY10, Nesbit Avenue, Spalding, PE11 1FY
- Sold Jul 2024£180,000 | 3 Bed House20, Faulkner Drive, Spalding, PE11 1YJ20, Faulkner Drive, Spalding, PE11 1YJ
- Sold Oct 2022£173,995 | 3 Bed House6, Faulkner Drive, Spalding, PE11 1YJ6, Faulkner Drive, Spalding, PE11 1YJ
•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 8, Melville Way, Spalding as the 15th largest and the 15th most expensive of the 17 addresses on Melville Way, Spalding, PE11.
Against the PE11 postcode district average, it is £37k less expensive than the typical property.
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Schools Nearby
- The Spalding St John the Baptist Church of England Primary School800 m away
- Monkshouse Primary Academy1.3 km away
- St Norbert's Catholic Voluntary Academy1.7 km away
- Spalding Grammar School1.5 km away
- Spalding High School2.1 km away
- Spalding Academy2.5 km away
More reading links
Public Transport Nearby
- Spalding|1.8 km away
- Swineshead|21.7 km away
- Hubberts Bridge|22.7 km away
Risk of Flooding
Environment Agency data suggests this area has a Medium risk of flooding.
