1, Southwell Way
1, Southwell Way
Description & Estimates
The public record describes 1, Southwell Way, Bourne as a modern apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1, Southwell Way, Bourne has an estimated sale value of £102,890 and an estimated rental value of £547 per month, assuming reasonable condition and based on the information available.
Southwell Way, Bourne, PE10 lies in the borough of South Kesteven, within the PE10 postal district.
Our Data Sources
1, Southwell Way, Bourne has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Southwell Way, Bourne would be worth £108,035, with a potential rental value of £575 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £95,688, with a rental value of £509 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 1, Southwell Way, Bourne has fallen by £4,019 (3.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £19 (3.4%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
1, Southwell Way, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 1, Southwell Way, Bourne across the last 2 years.
Most recently, 34, Sandown Drive, Bourne, PE10 0WP, a leasehold flat, sold at £100,000 on the 30th June 2022.
Read more about house prices in PE10.
•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 1, Southwell Way, Bourne as the 13th largest and the 13th most expensive of the 13 addresses on Southwell Way, Bourne, PE10.
Against the PE10 postcode district average, it is £164k less expensive than the typical property.
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Schools Nearby
- 600mBourne Elsea Park Church of England Primary Academy
- 1.2kmBourne Westfield Primary Academy
- 1.4kmBourne Abbey Church of England Primary Academy
- 1.0kmBourne Grammar School
- 2.0kmBourne Academy
- 10.4kmCharles Read Academy
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Public Transport Nearby
Stamford (Lincs) station is the nearest stop to 1, Southwell Way, Bourne at 13.9 kilometres away.
- 13.9kmStamford (Lincs)
- 15.8kmSpalding
- 22.4kmPeterborough
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
