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According to the public record, 15, Meadowgate, Bourne is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Meadowgate, Bourne is £153,972 and the estimated rental value is £728 per month.
Meadowgate, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
15, Meadowgate, Bourne has 31 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated June 2016.
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 15, Meadowgate, Bourne is in very good condition we estimate a sale value of £161,671 and a rental value of £765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,194 and a rental value of £677 per month.
Over the last 12 months the sale value of 15 Meadowgate Bourne has decreased by an estimated £6,372 (4.1%) and its rental value has increased by an estimated £19 per month (2.7%), giving an expected gross yield of 5.7%.
15, Meadowgate, Bourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 15, Meadowgate, Bourne was last sold on 18th December 2024 for £165,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2024, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Meadowgate, Bourne within a radius of 560 metres over the last 2 years.
The most recent example is Apartment 9, Ridge House 18, Wherrys Lane, Bourne, PE10 9WH, a leasehold flat which sold for £157,500 on the 21st July 2022.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadowgate, Bourne, PE10 has a total of 61 addresses. According to our analysis of all the public data, 15, Meadowgate, Bourne is the 54th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in PE10.
The closest station to 15, Meadowgate, Bourne is Spalding station which is 14.9 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 15, Meadowgate, Bourne, 46.9% of property is privately rented and 31.1% is privately owned outright.
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 15, Meadowgate, Bourne, 15.1% of residents are recorded as possessing school level qualifications and 24.9% 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 15, Meadowgate, Bourne, the average age was 42.4 and the most common age was 52.
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 15, Meadowgate, 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 15, Meadowgate, Bourne, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.