Area Guide For Spalding

Spalding is a market town with a population of 28,722 (2011 Statistics) on the River Welland in the South Holland district of Lincolnshire, England. Little London is a hamlet directly south of Spalding on the B1172, whilst Pinchbeck, a village to the north, is part of the built-up area.
The town was extraordinary for its yearly Spalding Flower Parade, dating from 1959, which pulled in numerous consistent guests from far and wide. The carnival praised the locale's inconceivable tulip generation and the social connections between the Fens and the scene and individuals of South Holland. At one time, it pulled in swarms up more than 100,000; however participation diminished to less than 40,000 in 2012.


Spalding Map

Estimated Price: £171,089
Average Asking Price: £219,740
Price change in last one year: £13,231
Average Price Paid: £149,364
Average Rent Rates: £783


Property Prices Breakdown in Spalding

Average Price for property in Spalding is around £171,089 which varies based on type of property you are interested in and ranges from £202,817 for detached house to around £131,769 for semi-detached. Similarly terraced house is around £115,973 and a flat is worth £105,218. Values have been changing and have risen £1,639 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,982 in last 6 months, £13,231 in last 1 year, £19,341 in last 2 years, £20,098 in last 3 years, £20,247 in last 4 years and £17,078 in last 5 years.

Currently average asking price of a property in Spalding is around £219,740 based on approximately 1,318 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £783 per month.

Estimated property value in Spalding is £171,089. Average asking price is £219,740 while average price paid is £156,799 which is up by £13,231 and Avg. asking rent £783.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Spalding area. In last 1 year alone average price buyer paid is around £156,799 based on approximately 1,318 sales in Spalding area alone. If you compare it to last 3 years sales of 3,743 properties where buyers paid around £151,544. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £149,364 for 5,929 and average amount paid for purchase of approx. 7,959 properties sold in last 7 years comes to about £148,814 per sale.


Properties For Sale in Spalding


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £92,474, £133,622 for a 2 bedroom house, £191,336 for a 3 bedroom house, £276,164 for a 4 bedroom house and £345,628 for a 5 bedroom house. For a flat similarly the prices varies from £80,333 for a single bedroom to £98,099 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £108,725. To sum up the asking prices for properties in Spalding it comes to around average £83,189 for 1 bedroom property, £130,533 for 2 bedroom, £190,578 for 3 bedroom, £276,164 for 4 bedroom and £345,628 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £472 for 1 bedroom to £618 for 2 bedroom, £657 for 3 bedroom and £735 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £443. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £453 rent per month for single bedroom property, £603 for 2 bedroom, £657 for 3 bedroom and approximately £735 for 4 bedroom property in Spalding area.

Popular Houses in Spalding

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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