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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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The public record describes 7, Bourne Road, Spalding as a mid-century house with 495 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
7, Bourne Road, Spalding has an estimated sale value of £139,703 and an estimated rental value of £719 per month, assuming reasonable condition and based on the information available.
Bourne Road, Pode Hole, Spalding, PE11 lies in the borough of South Holland, within the PE11 postal district.
7, Bourne Road, Spalding has no records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data 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.
In very good condition, we estimate 7, Bourne Road, Spalding would be worth £146,688, with a potential rental value of £755 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £129,924, with a rental value of £669 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Bourne Road, Spalding has declined by £3,475 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (4.2%). The property's estimated gross yield is currently 6.2%.
7, Bourne Road, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 7, Bourne Road, Spalding across the last 2 years.
Most recently, 48, Meadowgate Lane, Spalding, PE11 1NF, a freehold house, sold at £145,000 on the 18th October 2022.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Bourne Road, Spalding as the 249th largest and the 236th most expensive of the 261 addresses on Bourne Road, Pode Hole, Spalding, PE11.
Against the PE11 postcode district average, it is £81k less expensive than the typical property.
Spalding station is the nearest stop to 7, Bourne Road, Spalding at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a medium risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Bourne Road, Spalding, 38.7% of property is privately owned outright and 38.7% is privately rented.
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 7, Bourne Road, Spalding, 13.3% of residents are recorded as possessing school level qualifications and 14.9% 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 7, Bourne Road, Spalding, the average age was 42.3 and the most common age was 32.
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 7, Bourne Road, Spalding, 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 7, Bourne Road, Spalding, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
