Flat 2, 2
Flat 2, 2
Description & Estimates
Flat 2, 2, Market Street, Spalding is described in the public record as a period apartment with 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 2, Market Street, Spalding is £79,480 and its rental estimate is £521 per month, given the available information and assuming reasonable condition.
2, Market Street is a residential building on Market Street, Long Sutton, Spalding, PE12 and falls within the PE12 postal district and the borough of South Holland.
Our Data Sources
Flat 2, 2, Market Street, Spalding has no records in the the Land Registry and a single entry in the EPC database dated July 2014.
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 2, 2, Market Street, Spalding, we estimate a market value of £83,454 and a rental value of £547 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,916 and £484 per month respectively.
Recent Market Change
Over the last year, Flat 2, 2, Market Street, Spalding has seen its estimated sale value fall by £746 (0.9%) and its estimated rental value move up by £22 per month (4.2%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
Flat 2, 2, Market Street, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 2, Market Street, Spalding have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th October 2022, was Flat 7, 28A, London Road, Spalding, PE12 9FE, a leasehold flat which sold for £75,000.
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
Of the 72 addresses on Market Street, Long Sutton, Spalding, PE12, Flat 2, 2, Market Street, Spalding comes out as the 26th largest and the 60th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the PE12 district.
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Schools Nearby
- 400mLong Sutton County Primary School
- 2.1kmLutton St Nicholas Primary Academy
- 3.0kmGedney Church End Primary Academy
- 1.1kmUniversity Academy Long Sutton
- 7.5kmUniversity Academy Holbeach
- 11.0kmMarshland High School
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Public Transport Nearby
From Flat 2, 2, Market Street, Spalding, the nearest station is Spalding, 18.7 kilometres away.
- 18.7kmSpalding
- 19.4kmKings Lynn
- 21.7kmWatlington
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 low, based on Environment Agency data.
