7A, The Terrace
7A, The Terrace
Description & Estimates
According to the public record, 7A, The Terrace, Spilsby is a period apartment with 1,677 ft2 of internal area.
Apartments of this size in this area normally have 7 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7A, The Terrace, Spilsby is £140,436 and the estimated rental value is £696 per month.
The apartment is within 7, The Terrace, Spilsby, PE23.
The Terrace, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
Our Data Sources
7A, The Terrace, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated October 2009.
We combine this information with public data 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.
Price Range & Condition
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 7A, The Terrace, Spilsby is in very good condition we estimate a sale value of £147,458 and a rental value of £731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,606 and a rental value of £647 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7A, The Terrace, Spilsby has declined by £2,033 (1.4%), while its estimated rental value has climbed by £38 per month (5.4%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
7A, The Terrace, Spilsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Oct 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 2.1 kilometres of 7A, The Terrace, Spilsby over the last 2 years.
The most recent example is 10-12, The Terrace, Spilsby, PE23 5JR, a leasehold flat which sold for £153,000 on the 27th November 2023.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Terrace, Spilsby, PE23 has a total of 16 addresses. According to our analysis of all the public data, 7A, The Terrace, Spilsby is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in PE23.
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Schools Nearby
- 300mSpilsby Primary School
- 1.9kmHalton Holegate CofE Primary School
- 2.5kmPartney Church of England Aided Primary School
- 400mKing Edward VI Academy
- 10.7kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.1kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearby
The closest station to 7A, The Terrace, Spilsby is Thorpe Culvert station, which is 8.9 kilometres away.
- 8.9kmThorpe Culvert
- 12.0kmWainfleet
- 13.5kmHavenhouse
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
