Millbank, Spalding
Millbank, Spalding
Description & Estimates
Public records show Millbank, Spalding to be a modern freehold house with 1,302 ft2 of internal area, sitting on a 1,087 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Millbank, Spalding has an estimated sale value of £297,237 and an estimated rental value of £1,197 per month, assuming reasonable condition and based on the information available.
Mill Lane, Sutton Bridge, Spalding, PE12 lies in the borough of South Holland, within the PE12 postal district.
Our Data Sources
Millbank, Spalding has 5 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated June 2015.
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 Millbank, Spalding would be worth £312,098, with a potential rental value of £1,257 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £276,430, with a rental value of £1,113 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 Millbank, Spalding has decreased by £7,107 (2.4%) over the last year. During the same period, its estimated monthly rental value has grown by £26 (2.2%). The property's estimated gross yield is currently 4.8%.
Plot Size
Millbank, Spalding occupies a 1,087 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Millbank, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Millbank, Spalding last changed hands on 1st September 2023, selling for £335,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 6.7% since September 2023.
- Sold Sep 2023£335,000
- Sold Nov 2015£205,000
- Sold Jan 2015£194,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of Millbank, Spalding across the last 2 years.
Most recently, 5A, Kinderley Close, Spalding, PE12 9PZ, a freehold house, sold at £280,000 on the 24th April 2026.
Read more about house prices in PE12.
•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 Millbank, Spalding as the 6th largest and the 5th most expensive of the 9 addresses on Mill Lane, Sutton Bridge, Spalding, PE12.
Against the PE12 postcode district average, it is £58k more expensive than the typical property.
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Schools Nearby
- 600mSutton Bridge Westmere Community Primary School
- 4.4kmWalpole Cross Keys Primary School
- 4.6kmAnthony Curton CofE Primary School
- 4.9kmUniversity Academy Long Sutton
- 7.3kmSt Clement's High School
- 8.2kmMarshland High School
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Public Transport Nearby
Kings Lynn station is the nearest stop to Millbank, Spalding at 14.4 kilometres away.
- 14.4kmKings Lynn
- 16.8kmWatlington
- 21.9kmDownham Market
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
