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According to the public record, 3, Arakan Way, Bourne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,622 ft2 of internal area and sits on a 495 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Arakan Way, Bourne is £420,206 and the estimated rental value is £1,249 per month.
Arakan Way, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
3, Arakan Way, Bourne has 21 entries in the Land Registry , most recently in February 2010 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 1 out of 5 and is considered of low 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 3, Arakan Way, Bourne is in very good condition we estimate a sale value of £441,216 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,791 and a rental value of £1,162 per month.
Over the last 12 months the sale value of 3 Arakan Way Bourne has decreased by an estimated £21,666 (5.2%) and its rental value has increased by an estimated £18 per month (1.5%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 3, Arakan Way, Bourne sits on a plot of 495m2.
We have plot size data on 9 out of 9 other houses in the postcode and 3, Arakan Way, Bourne sits on the 7th largest plot.
According to HM Land Registry, 3, Arakan Way, Bourne was last sold on 1st February 2010 for £232,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2010, the market for similar properties has risen 44.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Arakan Way, Bourne within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 20, Wingate Way, Bourne, PE10 9YL, a freehold house which sold for £435,000 on the 26th April 2024.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arakan Way, Bourne, PE10 has a total of 9 addresses. According to our analysis of all the public data, 3, Arakan Way, Bourne is the largest and the most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in PE10.
The closest station to 3, Arakan Way, Bourne is Spalding station which is 14.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Arakan Way, Bourne, 78.9% of property is privately owned outright and 18.4% 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 3, Arakan Way, Bourne, 5.3% of residents are recorded as possessing school level qualifications and 26.0% 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 3, Arakan Way, 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 3, Arakan Way, Bourne, 0.4% 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 3, Arakan Way, Bourne, 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.