3, Elsea Drive
3, Elsea Drive
Description & Estimates
3, Elsea Drive, Bourne is recorded publicly as a mid-century freehold house across 957 ft2 of internal area, sitting on a 314 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Elsea Drive, Bourne is £251,141 and its rental estimate is £1,082 per month, given the available information and assuming reasonable condition.
Elsea Drive, Thurlby, Bourne, PE10 falls within the PE10 postal district, in the borough of South Kesteven.
Our Data Sources
3, Elsea Drive, Bourne has 3 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 3, Elsea Drive, Bourne, we estimate a market value of £263,698 and a rental value of £1,136 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,561 and £1,007 per month respectively.
Recent Market Change
Over the last year, 3, Elsea Drive, Bourne has seen its estimated sale value decline by £11,378 (4.5%) and its estimated rental value climb by £27 per month (2.5%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 3, Elsea Drive, Bourne as measuring 314 m2.
That makes it the 12th largest plot in the postcode, where all 12 other houses have recorded plot data.
Energy Efficiency
3, Elsea Drive, Bourne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Elsea Drive, Bourne completed on 12th September 2024 at £290,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 10.5% over the period since September 2024.
- Sold Sep 2024£290,000
- Sold Jul 2015£172,000
- Sold Feb 2015£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Elsea Drive, Bourne have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2023, was 83, Northorpe, Bourne, PE10 0HH, a freehold house which sold for £273,000.
Read more about house prices in PE10.
- Sold Nov 2023£273,000 | 3 Bed House83, Northorpe, Bourne, PE10 0HH83, Northorpe, Bourne, PE10 0HH
- Sold Nov 2022£300,000 | 3 Bed House1, Woodside Close, Bourne, PE10 0HW1, Woodside Close, Bourne, PE10 0HW
- Sold Jun 2022£340,000 | 3 Bed House86A, Northorpe, Bourne, PE10 0HJ86A, Northorpe, Bourne, PE10 0HJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Elsea Drive, Thurlby, Bourne, PE10, 3, Elsea Drive, Bourne comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the PE10 district.
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Schools Nearby
- 700mThurlby Community Primary Academy
- 1.7kmBourne Elsea Park Church of England Primary Academy
- 2.4kmBourne Abbey Church of England Primary Academy
- 1.9kmBourne Grammar School
- 3.2kmBourne Academy
- 9.3kmThe Deepings School
More reading links
Public Transport Nearby
From 3, Elsea Drive, Bourne, the nearest station is Stamford (Lincs), 13.0 kilometres away.
- 13.0kmStamford (Lincs)
- 15.3kmSpalding
- 20.6kmPeterborough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
