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Drift House First Drift is a residential building situated on First Drift, Wothorpe, Stamford, PE9 with 2 addresses.
It ranks as the 82nd largest and 205th most expensive of the 205 buildings in the PE9 area. The dominant property type is a modern house built after 1980.
The building contains a total of 2 properties: 2 flats.
Drift House First Drift is a residential building situated on First Drift, Wothorpe, Stamford, PE9 with 2 addresses.
It ranks as the 82nd largest and 205th most expensive of the 205 buildings in the PE9 area. The dominant property type is a modern house built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £158,492 for 1 bedroom leasehold flats (344 ft2) to £2,006,337 for 5 bedroom freehold houses with a garden (5,640 ft2) .
Monthly rental prices range from £738 pcm for 1 bed flats to £5,383 pcm for 5 bed houses.
The gross rental yield is between 3.2% and 5.6%.
The average value per square foot is £408.
The last sale in Drift House First Drift sold for £300,000 on 6th August 1999. Since then prices are down an average of 0.0%.
The current average value in the building is £1,082,414.
The Drift House First Drift Sales Market has increased by 30.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3% | £1,082,414 |
| May 2025 | -1.2% | £1,116,149 |
| May 2024 | -1.8% | £1,130,241 |
| May 2023 | 4% | £1,151,116 |
| May 2022 | 8.7% | £1,107,065 |
| May 2021 | 5.7% | £1,018,555 |
| May 2020 | 1.8% | £963,429 |
| May 2019 | 2.1% | £946,197 |
| May 2018 | 4.9% | £926,676 |
| May 2017 | 6.3% | £883,265 |
| May 2016 | 4.3% | £831,198 |
| May 2015 | 8.2% | £796,616 |
| May 2014 | 7.8% | £736,252 |
| May 2013 | 0% | £683,286 |
| May 2012 | -0.1% | £683,472 |
| May 2011 | 1.4% | £684,026 |
| May 2010 | 5.3% | £674,847 |
| May 2009 | -15% | £641,155 |
| May 2008 | 0.6% | £754,186 |
| May 2007 | 0% | £749,789 |
The current average rental value in the building is £3,061.
The Drift House First Drift Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.5% | £3,061pcm |
| May 2025 | 3% | £3,015pcm |
| May 2024 | 5.9% | £2,926pcm |
| May 2023 | 6.1% | £2,763pcm |
| May 2022 | 8.9% | £2,605pcm |
| May 2021 | 5.5% | £2,393pcm |
| May 2020 | 2.1% | £2,268pcm |
| May 2019 | 1.6% | £2,222pcm |
| May 2018 | -0.1% | £2,186pcm |
| May 2017 | 4.4% | £2,188pcm |
| May 2016 | 3.8% | £2,096pcm |
| May 2015 | 3% | £2,020pcm |
| May 2014 | 3.5% | £1,960pcm |
| May 2013 | 0.6% | £1,895pcm |
| May 2012 | 1% | £1,884pcm |
| May 2011 | 5% | £1,866pcm |
| May 2010 | 0.7% | £1,777pcm |
| May 2009 | -7.1% | £1,765pcm |
| May 2008 | 3% | £1,901pcm |
| May 2007 | 0% | £1,846pcm |
The last sale was on 6th August 1999 for £300,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
Drift House, First Drift, Wothorpe, Stamford, PE9 3JL has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Drift House, First Drift, Wothorpe, Stamford, PE9 3JL is Stamford (Lincs) station which is 600 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Drift House, First Drift, Wothorpe, Stamford, PE9 3JL, 55.7% of property is privately owned outright and 33.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Drift House, First Drift, Wothorpe, Stamford, PE9 3JL, 21.2% of residents are recorded as possessing school level qualifications and 49.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Drift House, First Drift, Wothorpe, Stamford, PE9 3JL, the average age was 39.9 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Drift House, First Drift, Wothorpe, Stamford, PE9 3JL, 4.5% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Drift House, First Drift, Wothorpe, Stamford, PE9 3JL, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.