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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 22, Springbank Drive, Bourne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 376 ft2 of internal area and sits on a 134 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Springbank Drive, Bourne is £130,256 and the estimated rental value is £602 per month.
Springbank Drive, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
22, Springbank Drive, Bourne has 3 entries in the Land Registry , most recently in October 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 22, Springbank Drive, Bourne is in very good condition we estimate a sale value of £136,769 and a rental value of £632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,138 and a rental value of £560 per month.
Over the last 12 months the sale value of 22 Springbank Drive Bourne has decreased by an estimated £5,983 (4.6%) and its rental value has increased by an estimated £13 per month (2.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 22, Springbank Drive, Bourne sits on a plot of 134m2.
We have plot size data on 13 out of 31 other houses in the postcode and 22, Springbank Drive, Bourne sits on the 11th largest plot.
According to HM Land Registry, 22, Springbank Drive, Bourne was last sold on 27th October 2021 for £85,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2021, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Springbank Drive, Bourne within a radius of 710 metres over the last 2 years.
The most recent example is 26, Windle Drive, Bourne, PE10 0DB, a freehold house which sold for £99,000 on the 24th July 2020.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springbank Drive, Bourne, PE10 has a total of 31 addresses. According to our analysis of all the public data, 22, Springbank Drive, Bourne is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in PE10.
The closest station to 22, Springbank Drive, Bourne is Stamford (Lincs) station which is 14.0 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 22, Springbank Drive, Bourne, 39.7% of property is privately owned with a mortgage and 35.5% is privately 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 22, Springbank Drive, Bourne, 24.3% of residents are recorded as possessing school level qualifications and 33.2% 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 22, Springbank Drive, 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 22, Springbank Drive, 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 22, Springbank Drive, Bourne, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
