7, Sovereign Way
7, Sovereign Way
Description & Estimates
Public records show 7, Sovereign Way, Stamford to be a modern freehold house with 861 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Sovereign Way, Stamford has an estimated sale value of £345,371 and an estimated rental value of £1,448 per month, assuming reasonable condition and based on the information available.
Sovereign Way, Stamford, PE9 lies in the borough of South Kesteven, within the PE9 postal district.
Our Data Sources
7, Sovereign Way, Stamford has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 7, Sovereign Way, Stamford would be worth £362,640, with a potential rental value of £1,520 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £321,195, with a rental value of £1,346 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Sovereign Way, Stamford has decreased by £10,700 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (1.4%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
7, Sovereign Way, Stamford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Sovereign Way, Stamford last changed hands on 2nd April 2024, selling for £339,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.1% since April 2024.
- Sold Apr 2024£339,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 910 metres of 7, Sovereign Way, Stamford across the last 2 years.
Most recently, 10, Sovereign Way, Stamford, PE9 2BY, a freehold house, sold at £314,000 on the 8th March 2024.
Read more about house prices in PE9.
- Sold Mar 2024£314,000 | 3 Bed House10, Sovereign Way, Stamford, PE9 2BY10, Sovereign Way, Stamford, PE9 2BY
- Sold Sep 2023£344,995 | 3 Bed House9, Sovereign Way, Stamford, PE9 2BY9, Sovereign Way, Stamford, PE9 2BY
- Sold Jun 2023£335,000 | 3 Bed House16, Sovereign Way, Stamford, PE9 2BY16, Sovereign Way, Stamford, PE9 2BY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Sovereign Way, Stamford as the 53rd largest and the 46th most expensive of the 98 addresses on Sovereign Way, Stamford, PE9.
Against the PE9 postcode district average, it is £41k less expensive than the typical property.
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Schools Nearby
- 800mSt George's Church of England Aided Primary School
- 1.0kmSt Augustine's Catholic Voluntary Academy
- 1.3kmThe Bluecoat School
- 1.1kmStamford Welland Academy
- 4.1kmCasterton College Rutland
- 11.1kmArthur Mellows Village College
More reading links
Public Transport Nearby
Stamford (Lincs) station is the nearest stop to 7, Sovereign Way, Stamford at 1.6 kilometres away.
- 1.6kmStamford (Lincs)
- 17.1kmPeterborough
- 18.3kmOakham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
