Flat 1, The Old Warehouse
Flat 1, The Old Warehouse
Description & Estimates
Public records show Flat 1, The Old Warehouse, Spalding to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, The Old Warehouse, Spalding has an estimated sale value of £113,899 and an estimated rental value of £509 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Old Warehouse, Dockings Holt, Lutton, Spalding, PE12.
Dockings Holt, Lutton, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
Flat 1, The Old Warehouse, Spalding has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated February 2020.
We combine this information with that 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
In very good condition, we estimate Flat 1, The Old Warehouse, Spalding would be worth £119,594, with a potential rental value of £535 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £105,926, with a rental value of £474 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, The Old Warehouse, Spalding has declined by £1,069 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (4.2%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
Flat 1, The Old Warehouse, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, The Old Warehouse, Spalding last changed hands on 21st May 2021, selling for £105,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.2% since May 2021.
- Sold May 2021£105,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of Flat 1, The Old Warehouse, Spalding across the last 2 years.
Most recently, 3, Swapcoat Mews, Spalding, PE12 9RL, a leasehold flat, sold at £97,500 on the 19th December 2022.
Read more about house prices in PE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, The Old Warehouse, Spalding as the 17th largest and the 17th most expensive of the 17 addresses on Dockings Holt, Lutton, Spalding, PE12.
Against the PE12 postcode district average, it is £125k less expensive than the typical property.
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Schools Nearby
- 500mLong Sutton County Primary School
- 1.8kmLutton St Nicholas Primary Academy
- 2.2kmGedney Church End Primary Academy
- 1.3kmUniversity Academy Long Sutton
- 6.7kmUniversity Academy Holbeach
- 11.7kmMarshland High School
More reading links
Public Transport Nearby
Spalding station is the nearest stop to Flat 1, The Old Warehouse, Spalding at 18.0 kilometres away.
- 18.0kmSpalding
- 20.1kmKings Lynn
- 22.5kmWatlington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
