Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 2, 30, Gore Lane, Spalding appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 640 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 30, Gore Lane, Spalding is £65,668 and its rental estimate is £419 per month, given the available information and assuming reasonable condition.
30, Gore Lane is a residential building on Gore Lane, Spalding, PE11 and falls within the PE11 postal district and the borough of South Holland.
Flat 2, 30, Gore Lane, Spalding has a single entry in the Land Registry from March 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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, 30, Gore Lane, Spalding, we estimate a market value of £68,951 and a rental value of £440 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £61,071 and £390 per month respectively.
Over the last year, Flat 2, 30, Gore Lane, Spalding has seen its estimated sale value drop by £1,452 (2.2%) and its estimated rental value rise by £17 per month (4.0%). This results in an estimated gross rental yield of 7.7%.
The most recent sale of Flat 2, 30, Gore Lane, Spalding completed on 15th March 2019 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.9% over the period since March 2019.
Over the past 2 years 3 properties similar to Flat 2, 30, Gore Lane, Spalding have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2024, was Flat 1, 30, Gore Lane, Spalding, PE11 1BN, a leasehold flat which sold for £120,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Gore Lane, Spalding, PE11, Flat 2, 30, Gore Lane, Spalding comes out as the 4th largest and the 16th most expensive in our analysis of the public data.
It is also £155k less expensive than the average property across the PE11 district.
From Flat 2, 30, Gore Lane, Spalding, the nearest station is Spalding, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 30, Gore Lane, Spalding, 67.2% of property is privately rented and 12.3% 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 Flat 2, 30, Gore Lane, Spalding, 9.9% of residents are recorded as possessing school level qualifications and 19.5% 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 Flat 2, 30, Gore Lane, Spalding, the average age was 40.1 and the most common age was 32.
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 Flat 2, 30, Gore Lane, Spalding, 0.5% 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 Flat 2, 30, Gore Lane, Spalding, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
