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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, Bannockburn, Spalding is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 883 ft2 of internal area and sits on a 397 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 Bannockburn, Spalding is £202,894 and the estimated rental value is £1,065 per month.
Lutton Gowts, Lutton, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Bannockburn, Spalding has 31 entries in the Land Registry , most recently in January 2009 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 4 out of 5 and is considered of high 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 Bannockburn, Spalding is in very good condition we estimate a sale value of £213,039 and a rental value of £1,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,691 and a rental value of £990 per month.
Over the last 12 months the sale value of Bannockburn Spalding has decreased by an estimated £4,851 (2.4%) and its rental value has increased by an estimated £24 per month (2.2%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, Bannockburn, Spalding sits on a plot of 397m2.
We have plot size data on 44 out of 57 other houses in the postcode and Bannockburn, Spalding sits on the 38th largest plot.
According to HM Land Registry, Bannockburn, Spalding was last sold on 30th January 2009 for £127,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2009, the market for similar properties has risen 75.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bannockburn, Spalding within a radius of 1.6 kilometres over the last 2 years.
The most recent example is Stellenbosch, Lutton Gowts, Spalding, PE12 9LQ, a freehold house which sold for £215,000 on the 5th July 2023.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lutton Gowts, Lutton, Spalding, PE12 has a total of 57 addresses. According to our analysis of all the public data, Bannockburn, Spalding is the 44th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in PE12.
The closest station to Bannockburn, Spalding is Kings Lynn station which is 19.1 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 Bannockburn, Spalding, 63.3% of property is privately owned outright and 26.5% 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 Bannockburn, Spalding, 12.3% of residents are recorded as possessing school level qualifications and 22.6% 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 Bannockburn, Spalding, the average age was 46.1 and the most common age was 57.
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 Bannockburn, Spalding, 3.1% 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 Bannockburn, Spalding, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
