Greengate Cottage, Spilsby
Greengate Cottage, Spilsby
Description & Estimates
Greengate Cottage, Spilsby appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,112 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Greengate Cottage, Spilsby is £266,845 and its rental estimate is £985 per month, given the available information and assuming reasonable condition.
Skendleby, Spilsby, PE23 falls within the PE23 postal district, in the borough of East Lindsey.
Our Data Sources
Greengate Cottage, Spilsby has a single entry in the Land Registry from December 2023 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 3 out of 5 and is considered of medium 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 Greengate Cottage, Spilsby, we estimate a market value of £280,188 and a rental value of £1,034 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £248,166 and £916 per month respectively.
Recent Market Change
Over the last year, Greengate Cottage, Spilsby has seen its estimated sale value drop by £8,258 (3.1%) and its estimated rental value rise by £33 per month (3.4%). This results in an estimated gross rental yield of 4.4%.
Sold Prices
The most recent sale of Greengate Cottage, Spilsby completed on 18th December 2023 at £230,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.9% over the period since December 2023.
- Sold Dec 2023£230,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Greengate Cottage, Spilsby have sold within a radius of 5.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2016, was 1 Church Cottage, Spilsby, PE23 4QE, a freehold house which sold for £160,000.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 65 addresses on Skendleby, Spilsby, PE23, Greengate Cottage, Spilsby comes out as the 45th largest and the 40th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the PE23 district.
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Schools Nearby
- 2.5kmPartney Church of England Aided Primary School
- 4.3kmSt Helena's Church of England Primary Academy, Willoughby
- 4.7kmSpilsby Primary School
- 4.8kmKing Edward VI Academy
- 6.1kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 6.4kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From Greengate Cottage, Spilsby, the nearest station is Thorpe Culvert, 9.9 kilometres away.
- 9.9kmThorpe Culvert
- 12.7kmWainfleet
- 13.3kmHavenhouse
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 very low, based on Environment Agency data.
