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According to the public record, 2, Tannery Close, Bourne is a modern freehold house with 624 ft2 of internal area and sits on a 135 m2 plot.
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, Tannery Close, Bourne is £161,370 and the estimated rental value is £792 per month.
Tannery Close, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
2, Tannery Close, Bourne has 21 entries in the Land Registry , most recently in November 2011 and a single entry in the EPC database dated February 2020.
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 2, Tannery Close, Bourne is in very good condition we estimate a sale value of £169,438 and a rental value of £832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,074 and a rental value of £737 per month.
Over the last 12 months the sale value of 2 Tannery Close Bourne has decreased by an estimated £7,865 (4.9%) and its rental value has increased by an estimated £15 per month (1.8%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 2, Tannery Close, Bourne sits on a plot of 135m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Tannery Close, Bourne sits on the largest plot.
2, Tannery Close, Bourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2020.
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, 2, Tannery Close, Bourne was last sold on 21st November 2011 for £100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2011, the market for similar properties has risen 87.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tannery Close, Bourne within a radius of 870 metres over the last 2 years.
The most recent example is 43, Wakes Close, Bourne, PE10 0BU, a freehold house which sold for £166,250 on the 17th December 2024.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tannery Close, Bourne, PE10 has a total of 6 addresses. According to our analysis of all the public data, 2, Tannery Close, Bourne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in PE10.
The closest station to 2, Tannery Close, Bourne is Spalding station which is 14.2 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, Tannery Close, Bourne, 31.0% of property is privately owned with a mortgage and 30.2% is socially rented.
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, Tannery Close, Bourne, 12.9% of residents are recorded as possessing school level qualifications and 25.5% 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, Tannery Close, 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 2, Tannery Close, Bourne, 0.5% 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, Tannery Close, Bourne, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.