73D, Bourne Road
73D, Bourne Road
Description & Estimates
73D, Bourne Road, Spalding appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 657 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 73D, Bourne Road, Spalding is £171,428 and its rental estimate is £780 per month, given the available information and assuming reasonable condition.
73, Bourne Road is a residential building on Bourne Road, Pode Hole, Spalding, PE11 and falls within the PE11 postal district and the borough of South Holland.
Our Data Sources
73D, Bourne Road, Spalding has a single entry in the Land Registry from July 2010 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 73D, Bourne Road, Spalding, we estimate a market value of £180,000 and a rental value of £819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,428 and £725 per month respectively.
Recent Market Change
Over the last year, 73D, Bourne Road, Spalding has seen its estimated sale value drop by £3,791 (2.2%) and its estimated rental value rise by £31 per month (4.0%). This results in an estimated gross rental yield of 5.5%.
Sold Prices
The most recent sale of 73D, Bourne Road, Spalding completed on 1st July 2010 at £102,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.7% over the period since July 2010.
- Sold Jul 2010£102,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 700 metres of 73D, Bourne Road, Spalding, per the Land Registry and our network of Estate Agents.
The latest, on the 26th January 2010, was 73C, Bourne Road, Spalding, PE11 1JR, a leasehold flat which sold for £115,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 261 addresses on Bourne Road, Pode Hole, Spalding, PE11, 73D, Bourne Road, Spalding comes out as the 209th largest and the 172nd most expensive in our analysis of the public data.
It is also £49k less expensive than the average property across the PE11 district.
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Schools Nearby
- 300mMonkshouse Primary Academy
- 600mThe Spalding St John the Baptist Church of England Primary School
- 1.0kmWygate Park Academy
- 1.4kmSpalding Grammar School
- 2.1kmSpalding High School
- 2.5kmSpalding Academy
More reading links
Public Transport Nearby
From 73D, Bourne Road, Spalding, the nearest station is Spalding, 1.3 kilometres away.
- 1.3kmSpalding
- 20.8kmSwineshead
- 21.9kmHubberts Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
