Flat 5, The Quay 56
Flat 5, The Quay 56
Description & Estimates
Public records show Flat 5, The Quay 56, Spalding to be a modern leasehold apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, The Quay 56, Spalding has an estimated sale value of £80,250 and an estimated rental value of £494 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 5, The Quay 56, Spalding has 41 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated August 2018.
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 5, The Quay 56, Spalding would be worth £84,262, with a potential rental value of £519 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £74,632, with a rental value of £460 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 5, The Quay 56, Spalding has dropped by £1,775 (2.2%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (4.0%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 5, The Quay 56, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 5, The Quay 56, Spalding last changed hands on 12th November 2012, selling for £72,000. 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 risen by 34.2% since November 2012.
- Sold Nov 2012£72,000
- Sold Nov 2008£80,000
- Sold Sep 2003£70,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of Flat 5, 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.
- Sold Jun 2025£70,000 | 2 Bed FlatHigh Street12 Abbey House, High Street, Spalding, PE11 1UG
- Sold Mar 2025£73,950 | 2 Bed FlatThe Quay 56, Double StreetFlat 3, The Quay 56, Double Street, Spalding, PE11 2AB
- Sold Aug 2024£84,000 | 2 Bed FlatThe Quay 56, Double StreetFlat 4, The Quay 56, Double Street, Spalding, PE11 2AB
•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 5, The Quay 56, Spalding as the 56th largest and the 66th most expensive of the 107 addresses on Double Street, Spalding, PE11.
Against the PE11 postcode district average, it is £140k 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 5, 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.
