Flat 4, The Quay 56
Flat 4, The Quay 56
Description & Estimates
Public records show Flat 4, The Quay 56, Spalding to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, The Quay 56, Spalding has an estimated sale value of £76,251 and an estimated rental value of £464 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Quay, Double Street, Spalding, PE11.
Double Street, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
Our Data Sources
Flat 4, The Quay 56, Spalding has 4 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 4, The Quay 56, Spalding would be worth £80,063, with a potential rental value of £488 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,913, with a rental value of £432 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, The Quay 56, Spalding has declined by £1,686 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £19 (4.0%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 4, The Quay 56, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 4, The Quay 56, Spalding last changed hands on 22nd August 2024, selling for £84,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 2.6% since August 2024.
- Sold Aug 2024£84,000
- Sold Nov 2021£72,000
- Sold Jul 2014£65,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of Flat 4, The Quay 56, Spalding across the last 2 years.
Most recently, 12 Abbey House, High Street, Spalding, PE11 1UG, a leasehold flat, sold at £70,000 on the 25th June 2025.
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, The Quay 56, Spalding as the 62nd largest and the 96th most expensive of the 107 addresses on Double Street, Spalding, PE11.
Against the PE11 postcode district average, it is £144k less expensive than the typical property.
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Schools Nearby
- 900mSpalding Parish Church of England Day School
- 900mSt Norbert's Catholic Voluntary Academy
- 1.0kmSt Paul's Community Primary and Nursery School, Spalding
- 700mSpalding High School
- 700mSpalding Academy
- 700mSpalding Grammar School
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Public Transport Nearby
Spalding station is the nearest stop to Flat 4, The Quay 56, Spalding at 700 metres away.
- 700mSpalding
- 20.3kmSwineshead
- 20.9kmHubberts 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.
