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By comparing it to neighbours, we estimate that it is a period apartment with 1,130 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 9, Meadowgate, Bourne is £216,688 and the estimated rental value is £858 per month.
The apartment is within 9, Meadowgate, Bourne, PE10.
Meadowgate, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
Flat 1, 9, Meadowgate, Bourne has 21 entries in the Land Registry , most recently in May 2007 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 2 out of 5 and is considered of medium 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 Flat 1, 9, Meadowgate, Bourne is in very good condition we estimate a sale value of £227,522 and a rental value of £901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,520 and a rental value of £798 per month.
Over the last 12 months the sale value of Flat 1 9 Meadowgate Bourne has decreased by an estimated £7,135 (3.3%) and its rental value has increased by an estimated £31 per month (3.6%), giving an expected gross yield of 4.8%.
According to HM Land Registry, Flat 1, 9, Meadowgate, Bourne was last sold on 2nd May 2007 for £148,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, 9, Meadowgate, Bourne within a radius of 550 metres over the last 2 years.
The most recent example is 1A, The Croft, Bourne, PE10 9GX, a leasehold flat which sold for £220,000 on the 6th April 2016.
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, Flat 1, 9, Meadowgate, Bourne is the 12th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in PE10.
The closest station to Flat 1, 9, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 9, 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 Flat 1, 9, 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 Flat 1, 9, 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 Flat 1, 9, 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 Flat 1, 9, 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.