Flat 4, 30
Flat 4, 30
Description & Estimates
The public record lists Flat 4, 30, Gore Lane, Spalding as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 636 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, 30, Gore Lane, Spalding has an estimated sale value of £65,872 and an estimated rental value of £420 per month, assuming reasonable condition and based on the information available.
The apartment sits within 30, Gore Lane, Spalding, PE11.
Gore Lane, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
Flat 4, 30, Gore Lane, Spalding has a single entry in the Land Registry from January 2020 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.
Price Range & Condition
In very good condition, we estimate Flat 4, 30, Gore Lane, Spalding would be worth £69,166, with a potential rental value of £441 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £61,261, with a rental value of £391 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 4, 30, Gore Lane, Spalding has moved down by £1,457 (2.2%) over the last year. During the same period, its estimated monthly rental value has increased by £17 (4.0%). The property's estimated gross yield is currently 7.7%.
Sold Prices
Flat 4, 30, Gore Lane, Spalding last changed hands on 17th January 2020, selling for £120,000. 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 12.8% since January 2020.
- Sold Jan 2020£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 4, 30, Gore Lane, Spalding across the last 2 years.
Most recently, Flat 1, 30, Gore Lane, Spalding, PE11 1BN, a leasehold flat, sold at £120,000 on the 21st August 2024.
Read more about house prices in PE11.
•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 4, 30, Gore Lane, Spalding as the 6th largest and the 12th most expensive of the 18 addresses on Gore Lane, Spalding, PE11.
Against the PE11 postcode district average, it is £155k less expensive than the typical property.
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Schools Nearby
- 600mSt Norbert's Catholic Voluntary Academy
- 900mSpalding Parish Church of England Day School
- 1.0kmThe Spalding St John the Baptist Church of England Primary School
- 400mSpalding Grammar School
- 800mSpalding High School
- 1.0kmSpalding Academy
More reading links
Public Transport Nearby
Spalding station is the nearest stop to Flat 4, 30, Gore Lane, Spalding at 300 metres away.
- 300mSpalding
- 20.5kmSwineshead
- 21.2kmHubberts 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 medium risk of flooding.
