325B, Bourne Road
325B, Bourne Road
Description & Estimates
325B, Bourne Road, Spalding is recorded publicly as a modern freehold house across 645 ft2 of internal area, sitting on a 113 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 325B, Bourne Road, Spalding is £162,134 and its rental estimate is £869 per month, given the available information and assuming reasonable condition.
Bourne Road, Pode Hole, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
325B, Bourne Road, Spalding has 21 entries in the Land Registry , most recently in June 2007 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 325B, Bourne Road, Spalding, we estimate a market value of £170,241 and a rental value of £912 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,785 and £808 per month respectively.
Recent Market Change
Over the last year, 325B, Bourne Road, Spalding has seen its estimated sale value fall by £5,873 (3.6%) and its estimated rental value move up by £26 per month (3.0%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 325B, Bourne Road, Spalding as measuring 113 m2.
That makes it the 43rd largest plot in the postcode, where 47 of the 56 other houses have recorded plot data.
Energy Efficiency
325B, Bourne Road, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 325B, Bourne Road, Spalding completed on 28th June 2007 at £119,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.4% over the period since June 2007.
- Sold Jun 2007£119,950
- Sold Aug 2003£82,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 325B, Bourne Road, Spalding have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2021, was 327A, Bourne Road, Spalding, PE11 3LW, a freehold house which sold for £125,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 261 addresses on Bourne Road, Pode Hole, Spalding, PE11, 325B, Bourne Road, Spalding comes out as the 219th largest and the 196th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the PE11 district.
More reading links
Schools Nearby
- 1.5kmMonkshouse Primary Academy
- 2.1kmThe Spalding St John the Baptist Church of England Primary School
- 2.2kmWygate Park Academy
- 2.9kmSpalding Grammar School
- 3.6kmSpalding High School
- 4.0kmSpalding Academy
More reading links
Public Transport Nearby
From 325B, Bourne Road, Spalding, the nearest station is Spalding, 2.8 kilometres away.
- 2.8kmSpalding
- 21.0kmSwineshead
- 22.4kmHubberts Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
