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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
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243, Bourne Road, Spalding is recorded publicly as a mid-century freehold house across 990 ft2 of internal area, sitting on a 727 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 243, Bourne Road, Spalding is £183,746 and its rental estimate is £989 per month, given the available information and assuming reasonable condition.
Bourne Road, Pode Hole, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
243, Bourne Road, Spalding has 2 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated May 2015.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 243, Bourne Road, Spalding, we estimate a market value of £192,934 and a rental value of £1,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,884 and £920 per month respectively.
Over the last year, 243, Bourne Road, Spalding has seen its estimated sale value move down by £6,656 (3.6%) and its estimated rental value increase by £30 per month (3.0%). This results in an estimated gross rental yield of 6.5%.
HM Land Registry records the plot of land for 243, Bourne Road, Spalding as measuring 727 m2.
That makes it the 12th largest plot in the postcode, where 47 of the 56 other houses have recorded plot data.
243, Bourne Road, Spalding has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 243, Bourne Road, Spalding completed on 14th December 2015 at £153,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 36.9% over the period since December 2015.
Over the past 2 years 3 properties similar to 243, Bourne Road, Spalding have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 269, Bourne Road, Spalding, PE11 3LW, a freehold house which sold for £145,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 261 addresses on Bourne Road, Pode Hole, Spalding, PE11, 243, Bourne Road, Spalding comes out as the 98th largest and the 142nd most expensive in our analysis of the public data.
It is also £37k less expensive than the average property across the PE11 district.
From 243, Bourne Road, Spalding, the nearest station is Spalding, 2.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 243, Bourne Road, Spalding, 56.0% of property is privately owned outright and 25.0% 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 243, Bourne Road, Spalding, 5.9% of residents are recorded as possessing school level qualifications and 17.6% 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 243, Bourne Road, Spalding, the average age was 42.3 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 243, Bourne Road, Spalding, 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 243, Bourne Road, Spalding, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
