Flat 2, 15 Road
Flat 2, 15 Road
Description & Estimates
The public record describes Flat 2, 15 Road, Spalding as a period apartment with 645 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 15 Road, Spalding has an estimated sale value of £147,053 and an estimated rental value of £668 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, London Road, Spalding, PE11.
London Road, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
Flat 2, 15 Road, Spalding has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
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
In very good condition, we estimate Flat 2, 15 Road, Spalding would be worth £154,405, with a potential rental value of £701 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,759, with a rental value of £621 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 2, 15 Road, Spalding has fallen by £3,252 (2.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £27 (4.0%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
Flat 2, 15 Road, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of Flat 2, 15 Road, Spalding across the last 2 years.
Most recently, Apartment 1, Harrington House, Broad Street, Spalding, PE11 1RY, a leasehold flat, sold at £128,000 on the 22nd May 2017.
Read more about house prices in PE11.
- Sold May 2017£128,000 | 2 Bed FlatHarrington House, Broad StreetApartment 1, Harrington House, Broad Street, Spalding, PE11 1RY
- 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 15 Road, Spalding as the 119th largest and the 89th most expensive of the 143 addresses on London Road, Spalding, PE11.
Against the PE11 postcode district average, it is £74k less expensive than the typical property.
More reading links
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
More reading links
Public Transport Nearby
Spalding station is the nearest stop to Flat 2, 15 Road, Spalding at 600 metres away.
- 600mSpalding
- 20.7kmSwineshead
- 21.4kmHubberts Bridge
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 very low risk of flooding.
