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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 2, Rowan Way, Bourne is £346,183 and the estimated rental value is £1,267 per month.
Rowan Way, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
2, Rowan Way, Bourne has 3 entries in the Land Registry , most recently in October 2017 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 3 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 2, Rowan Way, Bourne is in very good condition we estimate a sale value of £363,492 and a rental value of £1,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,950 and a rental value of £1,178 per month.
Over the last 12 months the sale value of 2 Rowan Way Bourne has decreased by an estimated £17,849 (5.2%) and its rental value has increased by an estimated £18 per month (1.5%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Rowan Way, Bourne sits on a plot of 458m2.
We have plot size data on 11 out of 19 other houses in the postcode and 2, Rowan Way, Bourne sits on the 4th largest plot.
2, Rowan Way, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Apr 2013.
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, Rowan Way, Bourne was last sold on 31st October 2017 for £327,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rowan Way, Bourne within a radius of 720 metres over the last 2 years.
The most recent example is 14, Watling Close, Bourne, PE10 9XL, a freehold house which sold for £415,000 on the 11th August 2022.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rowan Way, Bourne, PE10 has a total of 19 addresses. According to our analysis of all the public data, 2, Rowan Way, Bourne is the largest and the most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in PE10.
The closest station to 2, Rowan Way, Bourne is Stamford (Lincs) station which is 15.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Rowan Way, Bourne, 61.5% of property is privately owned outright and 32.8% 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 2, Rowan Way, Bourne, 13.7% of residents are recorded as possessing school level qualifications and 21.5% 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 2, Rowan Way, 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 2, Rowan Way, Bourne, 0.7% 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, Rowan Way, 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.