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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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According to the public record, 85, Pennygate, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,085 ft2 of internal area and sits on a 300 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 85, Pennygate, Spalding is £267,983 and the estimated rental value is £1,023 per month.
Pennygate, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
85, Pennygate, Spalding has 21 entries in the Land Registry , most recently in August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 85, Pennygate, Spalding is in very good condition we estimate a sale value of £281,382 and a rental value of £1,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,224 and a rental value of £951 per month.
Over the last 12 months the sale value of 85 Pennygate Spalding has decreased by an estimated £11,133 (4.2%) and its rental value has increased by an estimated £30 per month (2.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 85, Pennygate, Spalding sits on a plot of 300m2.
We have plot size data on 42 out of 59 other houses in the postcode and 85, Pennygate, Spalding sits on the 19th largest plot.
According to HM Land Registry, 85, Pennygate, Spalding was last sold on 29th August 2008 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2008, the market for similar properties has risen 51.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Pennygate, Spalding within a radius of 520 metres over the last 2 years.
The most recent example is 75, Tollgate, Spalding, PE11 1NJ, a freehold house which sold for £275,000 on the 26th April 2022.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennygate, Spalding, PE11 has a total of 248 addresses. According to our analysis of all the public data, 85, Pennygate, Spalding is the 66th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in PE11.
The closest station to 85, Pennygate, Spalding is Spalding station which is 400 metres 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 85, Pennygate, Spalding, 37.0% of property is privately rented and 29.2% 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 85, Pennygate, Spalding, 18.9% of residents are recorded as possessing school level qualifications and 24.3% 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 85, Pennygate, 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 85, Pennygate, Spalding, 1.3% 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 85, Pennygate, Spalding, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
