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According to the public record, Cherrytree, Spalding is a modern freehold house with 1,280 ft2 of internal area and sits on a 604 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Cherrytree, Spalding is £291,395 and the estimated rental value is £1,144 per month.
Main Road, Holbeach Drove, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Cherrytree, Spalding has 3 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property 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 Cherrytree, Spalding is in very good condition we estimate a sale value of £305,964 and a rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,997 and a rental value of £1,064 per month.
Over the last 12 months the sale value of Cherrytree Spalding has decreased by an estimated £6,967 (2.4%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, Cherrytree, Spalding sits on a plot of 604m2.
We have plot size data on 22 out of 25 other houses in the postcode and Cherrytree, Spalding sits on the 14th largest plot.
Cherrytree, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Cherrytree, Spalding was last sold on 30th June 2020 for £227,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2020, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherrytree, Spalding within a radius of 6.3 kilometres over the last 2 years.
The most recent example is The Bungalow, Main Road, Spalding, PE12 0PS, a freehold house which sold for £345,000 on the 9th December 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Road, Holbeach Drove, Spalding, PE12 has a total of 30 addresses. According to our analysis of all the public data, Cherrytree, Spalding is the 6th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in PE12.
The closest station to Cherrytree, Spalding is Spalding station which is 13.4 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 Cherrytree, Spalding, 55.1% of property is privately owned outright and 29.9% 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 Cherrytree, Spalding, 11.4% of residents are recorded as possessing school level qualifications and 19.7% 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 Cherrytree, Spalding, the average age was 47.2 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 Cherrytree, Spalding, 1.8% 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 Cherrytree, 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.