Flat 1, 7A Road
Flat 1, 7A Road
Description & Estimates
Flat 1, 7A Road, Spalding is described in the public record as a period apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 7A Road, Spalding is £143,405 and its rental estimate is £647 per month, given the available information and assuming reasonable condition.
7A, London Road is a residential building on London Road, Spalding, PE11 and falls within the PE11 postal district and the borough of South Holland.
Our Data Sources
Flat 1, 7A Road, Spalding has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
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 Flat 1, 7A Road, Spalding, we estimate a market value of £150,575 and a rental value of £680 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,366 and £602 per month respectively.
Recent Market Change
Over the last year, Flat 1, 7A Road, Spalding has seen its estimated sale value move down by £2,721 (1.9%) and its estimated rental value increase by £31 per month (4.8%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 1, 7A Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 7A Road, Spalding have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd May 2017, was 7A, London Road, Spalding, PE11 2TA, a leasehold flat which sold for £225,000.
Read more about house prices in PE11.
- Sold May 2017£225,000 | 2 Bed FlatLondon Road7A, London Road, Spalding, PE11 2TA
- Sold Jan 2017£133,000 | 2 Bed FlatHarrington House, Broad StreetApartment 16, Harrington House, Broad Street, Spalding, PE11 1RY
- Sold Sep 2016£115,000 | 2 Bed Flat18, High StreetApartment 6, 18, High Street, Spalding, PE11 1TW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 143 addresses on London Road, Spalding, PE11, Flat 1, 7A Road, Spalding comes out as the 134th largest and the 94th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the PE11 district.
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Schools Nearby
- 600mSpalding Parish Church of England Day School
- 800mSt Norbert's Catholic Voluntary Academy
- 1.0kmThe Spalding St John the Baptist Church of England Primary School
- 200mSpalding Grammar School
- 600mSpalding High School
- 900mSpalding Academy
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Public Transport Nearby
From Flat 1, 7A Road, Spalding, the nearest station is Spalding, 600 metres away.
- 600mSpalding
- 20.7kmSwineshead
- 21.4kmHubberts 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 very low, based on Environment Agency data.
