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According to the public record, 4, Millfield Road, Bourne is a mid-century freehold house with 1,377 ft2 of internal area and sits on a 522 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Millfield Road, Bourne is £330,909 and the estimated rental value is £1,270 per month.
Millfield Road, Morton, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
4, Millfield Road, Bourne has 41 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated July 2023.
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.
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 4, Millfield Road, Bourne is in very good condition we estimate a sale value of £347,454 and a rental value of £1,333 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,745 and a rental value of £1,181 per month.
Over the last 12 months the sale value of 4 Millfield Road Bourne has decreased by an estimated £18,489 (5.6%) and its rental value has increased by an estimated £17 per month (1.4%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 4, Millfield Road, Bourne sits on a plot of 522m2.
We have plot size data on 65 out of 67 other houses in the postcode and 4, Millfield Road, Bourne sits on the 11th largest plot.
4, Millfield Road, Bourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2023.
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, 4, Millfield Road, Bourne was last sold on 15th January 2024 for £390,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2024, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Millfield Road, Bourne within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 4, Ford Lane, Bourne, PE10 0RQ, a freehold house which sold for £325,000 on the 15th March 2021.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millfield Road, Morton, Bourne, PE10 has a total of 67 addresses. According to our analysis of all the public data, 4, Millfield Road, Bourne is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in PE10.
The closest station to 4, Millfield Road, Bourne is Spalding station which is 15.2 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 4, Millfield Road, Bourne, 42.9% of property is privately owned outright and 27.1% 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 4, Millfield Road, Bourne, 14.8% of residents are recorded as possessing school level qualifications and 22.9% 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 4, Millfield Road, Bourne, the average age was 46.4 and the most common age was 57.
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 4, Millfield Road, 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 4, Millfield Road, Bourne, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.