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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, 8, The Spinney, Bourne is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,097 ft2 of internal area and sits on a 342 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, The Spinney, Bourne is £229,758 and the estimated rental value is £1,052 per month.
The Spinney, Twenty, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
8, The Spinney, Bourne has a single entry in the Land Registry from October 2016 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 4 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 8, The Spinney, Bourne is in very good condition we estimate a sale value of £241,246 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,675 and a rental value of £978 per month.
Over the last 12 months the sale value of 8 The Spinney Bourne has decreased by an estimated £11,198 (4.9%) and its rental value has increased by an estimated £19 per month (1.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 8, The Spinney, Bourne sits on a plot of 342m2.
We have plot size data on 13 out of 13 other houses in the postcode and 8, The Spinney, Bourne sits on the 9th largest plot.
According to HM Land Registry, 8, The Spinney, Bourne was last sold on 21st October 2016 for £198,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Spinney, Bourne within a radius of 5.4 kilometres over the last 2 years.
The most recent example is 11, The Spinney, Bourne, PE10 0BB, a freehold house which sold for £290,000 on the 18th February 2022.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Twenty, Bourne, PE10 has a total of 13 addresses. According to our analysis of all the public data, 8, The Spinney, Bourne is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in PE10.
The closest station to 8, The Spinney, Bourne is Spalding station which is 9.2 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 8, The Spinney, 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 8, The Spinney, 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 8, The Spinney, 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 8, The Spinney, 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 8, The Spinney, 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.
