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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
According to the public record, Flat 3, Newstead Mill, Stamford is a modern leasehold apartment with 785 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 Flat 3, Newstead Mill, Stamford is £222,933 and the estimated rental value is £991 per month.
The apartment is within Newstead Mill, Newstead, Stamford, PE9.
Newstead, Stamford, PE9 is located in the borough of South Kesteven within the PE9 postal district.
Flat 3, Newstead Mill, Stamford has 31 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property 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 Flat 3, Newstead Mill, Stamford is in very good condition we estimate a sale value of £234,080 and a rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,328 and a rental value of £921 per month.
Over the last 12 months the sale value of Flat 3 Newstead Mill Stamford has decreased by an estimated £5,780 (2.6%) and its rental value has increased by an estimated £19 per month (2.0%), giving an expected gross yield of 5.3%.
Flat 3, Newstead Mill, Stamford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 3, Newstead Mill, Stamford was last sold on 19th December 2018 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2018, the market for similar properties has dropped 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Newstead Mill, Stamford within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 14 Wigmore Place, Top Lock Meadows, Stamford, PE9 3FJ, a leasehold flat which sold for £310,000 on the 25th January 2023.
Read more about house prices in PE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newstead, Stamford, PE9 has a total of 23 addresses. According to our analysis of all the public data, Flat 3, Newstead Mill, Stamford is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in PE9.
The closest station to Flat 3, Newstead Mill, Stamford is Stamford (Lincs) station which is 2.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 3, Newstead Mill, Stamford, % of property is and % is .
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 3, Newstead Mill, Stamford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 3, Newstead Mill, Stamford, 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 3, Newstead Mill, Stamford, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
