4 Spence Street

    4, SPENCE STREET, SPILSBY, PE23 5EA

    This terraced leasehold property on Spence Street last sold in March 2023 for £75,000. Based on price growth in the PE23 district since then, its estimated current value is £83,944 — placing it in the 2nd percentile nationally and the 1st percentile within PE23. The property covers 56 m² (603 sq ft), giving an estimated value of £1,499 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £75,000

    Mar 2023

    Estimated Valuation

    £83,944

    Est. £/sq ft

    £139/sq ft

    £1,499/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateDec 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Mar 2023

    £75,000

    27 Jun 2011

    £53,000

    Key Metrics

    Estimated valuation£83,944
    Value per sq ft / m²£139/sq ft (£1,499/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile1st percentile
    National percentile2nd percentile

    District Context — PE23

    PE23 covers the area around Hunstanton and surrounding villages on the north Norfolk coast. It is a predominantly rural and coastal district with a long-established character centred on leisure and retirement.

    Average Property Price - PE23

    £276,895

    35

    National percentile

    Average Net Household Income - PE23

    £33,140

    20

    National percentile

    10-Year Annualised Price Growth - PE23

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE23

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