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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, 36B, Meadowgate, Bourne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 829 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 36B, Meadowgate, Bourne is £84,839 and the estimated rental value is £447 per month.
The apartment is within 36, Meadowgate, Bourne, PE10.
Meadowgate, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
36B, Meadowgate, Bourne has 71 entries in the Land Registry , most recently in April 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 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 36B, Meadowgate, Bourne is in very good condition we estimate a sale value of £89,081 and a rental value of £469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,900 and a rental value of £415 per month.
Over the last 12 months the sale value of 36B Meadowgate Bourne has decreased by an estimated £3,565 (4.2%) and its rental value has increased by an estimated £11 per month (2.5%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 36B, Meadowgate, Bourne was last sold on 1st April 2021 for £146,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since April 2021, the market for similar properties has dropped 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36B, Meadowgate, Bourne within a radius of 560 metres over the last 2 years.
The most recent example is Flat 2, Brooke Lodge 32, South Street, Bourne, PE10 9LY, a leasehold flat which sold for £77,750 on the 13th May 2022.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadowgate, Bourne, PE10 has a total of 61 addresses. According to our analysis of all the public data, 36B, Meadowgate, Bourne is the 36th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in PE10.
The closest station to 36B, Meadowgate, Bourne is Spalding station which is 14.9 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 36B, Meadowgate, Bourne, 46.9% of property is privately rented and 31.1% is privately owned outright.
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 36B, Meadowgate, Bourne, 15.1% of residents are recorded as possessing school level qualifications and 24.9% 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 36B, Meadowgate, 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 36B, Meadowgate, Bourne, 0.0% 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 36B, Meadowgate, Bourne, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
