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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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According to the public record, 5, Redmile Close, Bourne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,333 ft2 of internal area and sits on a 455 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 5, Redmile Close, Bourne is £498,353 and the estimated rental value is £1,324 per month.
Redmile Close, Dyke, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
5, Redmile Close, Bourne has a single entry in the Land Registry from July 2008 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 5, Redmile Close, Bourne is in very good condition we estimate a sale value of £523,271 and a rental value of £1,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,468 and a rental value of £1,231 per month.
Over the last 12 months the sale value of 5 Redmile Close Bourne has decreased by an estimated £25,695 (5.2%) and its rental value has increased by an estimated £19 per month (1.5%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 5, Redmile Close, Bourne sits on a plot of 455m2.
We have plot size data on 8 out of 9 other houses in the postcode and 5, Redmile Close, Bourne sits on the 8th largest plot.
According to HM Land Registry, 5, Redmile Close, Bourne was last sold on 7th July 2008 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2008, the market for similar properties has risen 36.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Redmile Close, Bourne within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 25, Wingate Way, Bourne, PE10 9YL, a freehold house which sold for £480,000 on the 21st March 2024.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redmile Close, Dyke, Bourne, PE10 has a total of 9 addresses. According to our analysis of all the public data, 5, Redmile Close, Bourne is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £232k more expensive than the average property in PE10.
The closest station to 5, Redmile Close, Bourne is Spalding station which is 13.9 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 5, Redmile Close, Bourne, 48.3% of property is privately owned outright and 24.9% 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 5, Redmile Close, Bourne, 15.1% of residents are recorded as possessing school level qualifications and 24.8% 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 5, Redmile Close, 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 5, Redmile Close, Bourne, 0.6% 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 5, Redmile Close, Bourne, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
