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According to the public record, 2, Flying Scotsman Close, Bourne is a modern freehold house with 1,011 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Flying Scotsman Close, Bourne is £255,317 and the estimated rental value is £1,094 per month.
Flying Scotsman Close, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
2, Flying Scotsman Close, Bourne has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Flying Scotsman Close, Bourne is in very good condition we estimate a sale value of £268,083 and a rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,445 and a rental value of £1,018 per month.
Over the last 12 months the sale value of 2 Flying Scotsman Close Bourne has decreased by an estimated £12,444 (4.9%) and its rental value has increased by an estimated £20 per month (1.8%), giving an expected gross yield of 5.1%.
2, Flying Scotsman Close, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Flying Scotsman Close, Bourne was last sold on 28th July 2023 for £269,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Flying Scotsman Close, Bourne within a radius of 590 metres over the last 2 years.
The most recent example is 2, Hawksworth Gardens, Bourne, PE10 2BQ, a freehold house which sold for £269,950 on the 18th April 2024.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flying Scotsman Close, Bourne, PE10 has a total of 8 addresses. According to our analysis of all the public data, 2, Flying Scotsman Close, Bourne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in PE10.
The closest station to 2, Flying Scotsman Close, Bourne is Stamford (Lincs) station which is 14.3 kilometres away.
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 2, Flying Scotsman Close, Bourne, % of property is and % is .
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 2, Flying Scotsman Close, Bourne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Flying Scotsman 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 2, Flying Scotsman Close, Bourne, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.