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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, 2A, Fairview Way, Spalding is a period Leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Fairview Way, Spalding is £120,014 and the estimated rental value is £605 per month.
The apartment is within 2, Fairview Way, Spalding, PE11.
Fairview Way, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
2A, Fairview Way, Spalding has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2A, Fairview Way, Spalding is in very good condition we estimate a sale value of £126,014 and a rental value of £635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,613 and a rental value of £563 per month.
Over the last 12 months the sale value of 2A Fairview Way Spalding has decreased by an estimated £3,523 (2.9%) and its rental value has increased by an estimated £29 per month (4.8%), giving an expected gross yield of 6.1%.
2A, Fairview Way, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2A, Fairview Way, Spalding was last sold on 7th April 2021 for £415,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 790 metres radius of 2A, Fairview Way, Spalding over the last 2 years.
The most recent example is 2, Fairview Way, Spalding, PE11 3PL, a freehold house which sold for £197,500 on the 11th August 2014.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairview Way, Spalding, PE11 has a total of 44 addresses. According to our analysis of all the public data, 2A, Fairview Way, Spalding is the 18th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in PE11.
The closest station to 2A, Fairview Way, Spalding is Spalding station which is 1.1 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 2A, Fairview Way, Spalding, 58.3% of property is privately owned outright and 27.8% 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 2A, Fairview Way, Spalding, 7.5% of residents are recorded as possessing school level qualifications and 21.8% 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 2A, Fairview Way, 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 2A, Fairview Way, Spalding, 0.9% 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 2A, Fairview Way, 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.
