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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Elder Close, Bourne is a modern freehold house with 1,205 ft2 of internal area and sits on a 462 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Elder Close, Bourne is £325,340 and the estimated rental value is £1,172 per month.
Elder Close, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
1, Elder Close, Bourne has 3 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Elder Close, Bourne is in very good condition we estimate a sale value of £341,607 and a rental value of £1,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,566 and a rental value of £1,090 per month.
Over the last 12 months the sale value of 1 Elder Close Bourne has decreased by an estimated £16,774 (5.2%) and its rental value has increased by an estimated £17 per month (1.5%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 1, Elder Close, Bourne sits on a plot of 462m2.
We have plot size data on 7 out of 7 other houses in the postcode and 1, Elder Close, Bourne sits on the 3rd largest plot.
1, Elder Close, Bourne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Elder Close, Bourne was last sold on 23rd June 2021 for £350,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has dropped 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Elder Close, Bourne within a radius of 700 metres over the last 2 years.
The most recent example is 128, Beech Avenue, Bourne, PE10 9RB, a freehold house which sold for £370,000 on the 1st December 2023.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Close, Bourne, PE10 has a total of 7 addresses. According to our analysis of all the public data, 1, Elder Close, Bourne is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in PE10.
The closest station to 1, Elder Close, Bourne is Spalding station which is 15.3 kilometres away.
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 1, Elder Close, Bourne, 44.0% of property is privately owned outright and 35.2% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 1, Elder Close, Bourne, 11.6% of residents are recorded as possessing school level qualifications and 28.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Elder Close, Bourne, the average age was 41.6 and the most common age was 32.
The graph below shows how this compares to East Midlands 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 1, Elder Close, Bourne, 0.0% of property was a second home.
Comparison figures for East Midlands 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 1, Elder Close, Bourne, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
