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According to the public record, 6, Searson Close, Stamford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,920 ft2 of internal area 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 6, Searson Close, Stamford is £501,176 and the estimated rental value is £1,779 per month.
Searson Close, Tallington, Stamford, PE9 is located in the borough of South Kesteven within the PE9 postal district.
6, Searson Close, Stamford has 41 entries in the Land Registry , most recently in February 2021 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 5 out of 5 and is considered of high 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 6, Searson Close, Stamford is in very good condition we estimate a sale value of £526,235 and a rental value of £1,868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,093 and a rental value of £1,654 per month.
Over the last 12 months the sale value of 6 Searson Close Stamford has decreased by an estimated £21,361 (4.3%) and its rental value has increased by an estimated £37 per month (2.1%), giving an expected gross yield of 4.3%.
According to HM Land Registry, 6, Searson Close, Stamford was last sold on 2nd February 2021 for £550,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since February 2021, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Searson Close, Stamford within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 11, Searson Close, Stamford, PE9 4RF, a freehold house which sold for £347,500 on the 17th March 2014.
Read more about house prices in PE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Searson Close, Tallington, Stamford, PE9 has a total of 12 addresses. According to our analysis of all the public data, 6, Searson Close, Stamford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in PE9.
The closest station to 6, Searson Close, Stamford is Stamford (Lincs) station which is 6.8 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 6, Searson Close, Stamford, 44.3% of property is privately owned outright and 36.1% 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 6, Searson Close, Stamford, 13.0% of residents are recorded as possessing school level qualifications and 38.4% 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 6, Searson Close, Stamford, the average age was 47.1 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 6, Searson Close, Stamford, 1.5% 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 6, Searson Close, Stamford, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.