48B, Park Road
48B, Park Road
Description & Estimates
48B, Park Road, Spalding is described in the public record as a modern apartment with 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48B, Park Road, Spalding is £68,938 and its rental estimate is £429 per month, given the available information and assuming reasonable condition.
48, Park Road is a residential building on Park Road, Spalding, PE11 and falls within the PE11 postal district and the borough of South Holland.
Our Data Sources
48B, Park Road, Spalding has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
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
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 48B, Park Road, Spalding, we estimate a market value of £72,385 and a rental value of £450 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,112 and £399 per month respectively.
Recent Market Change
Over the last year, 48B, Park Road, Spalding has seen its estimated sale value drop by £1,525 (2.2%) and its estimated rental value rise by £17 per month (4.0%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
48B, Park Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48B, Park Road, Spalding have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2025, was 50A, Park Road, Spalding, PE11 1NH, a leasehold flat which sold for £150,000.
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 148 addresses on Park Road, Spalding, PE11, 48B, Park Road, Spalding comes out as the 145th largest and the 146th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the PE11 district.
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Schools Nearby
- 100mSt Norbert's Catholic Voluntary Academy
- 600mWygate Park Academy
- 700mSpalding Primary Academy
- 700mSpalding Grammar School
- 1.3kmSpalding High School
- 1.5kmSpalding Academy
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Public Transport Nearby
From 48B, Park Road, Spalding, the nearest station is Spalding, 100 metres away.
- 100mSpalding
- 20.3kmSwineshead
- 21.1kmHubberts 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.
