The Banks, Bourne
The Banks, Bourne
Description & Estimates
According to the public record, The Banks, Bourne is a mid-century freehold house with 1,256 ft2 of internal area and sits on a 484 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Banks, Bourne is £322,373 and the estimated rental value is £1,248 per month.
Toft, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
Our Data Sources
The Banks, Bourne has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated February 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 The Banks, Bourne is in very good condition we estimate a sale value of £338,491 and a rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,807 and a rental value of £1,160 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Banks, Bourne has declined by £18,012 (5.6%), while its estimated rental value has climbed by £17 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, The Banks, Bourne sits on a plot of 484 m2.
We have plot size data on 13 out of 21 other houses in the postcode and The Banks, Bourne sits on the 9th largest plot.
Energy Efficiency
The Banks, Bourne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Feb 2010.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, The Banks, Bourne was last sold on 12th November 2021 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has dropped by 33.9%.
- Sold Nov 2021£325,000
- Sold May 1997£77,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Banks, Bourne within a radius of 2.9 kilometres over the last 2 years.
The most recent example is West Lodge, Bourne, PE10 0JT, a freehold house which sold for £268,000 on the 11th December 2015.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Toft, Bourne, PE10 has a total of 23 addresses. According to our analysis of all the public data, The Banks, Bourne is the 15th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in PE10.
More reading links
Schools Nearby
- 2.5kmThurlby Community Primary Academy
- 3.2kmBourne Elsea Park Church of England Primary Academy
- 3.4kmBourne Westfield Primary Academy
- 3.6kmBourne Grammar School
- 4.7kmBourne Academy
- 10.1kmCharles Read Academy
More reading links
Public Transport Nearby
The closest station to The Banks, Bourne is Stamford (Lincs) station, which is 11.4 kilometres away.
- 11.4kmStamford (Lincs)
- 18.2kmSpalding
- 21.7kmPeterborough
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
