According to the public record, 4 Nene Court, Stamford is a mid-century leasehold apartment and with 352 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Nene Court, Empingham Road, Stamford, PE9.
Empingham Road, Stamford, PE9 is located in the borough of South Kesteven within the PE9 postal district.
4 Nene Court, Stamford has 2 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Nene Court Stamford as £140,905 and the rental value as £695 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 4 Nene Court Stamford has increased by £2,564 (1.8%) and its rental value has increased by £38 per month (5.5%).
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 4 Nene Court, Stamford is in very good condition we estimate a sale value of £147,950 and rental value of £729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,042 and a rental value of £646 per month.
If you were able to purchase this property for the estimated value of £140,905, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £693 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 4 Nene Court, Stamford was last sold on 17 Mar 2014 for £89,995 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2014, the market for similar properties has risen 49.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 4 Nene Court, Stamford within a radius of 425m over the last 2 years.
The most recent example is 27, West Street, Stamford, PE9 2PR, a Leasehold flat which sold for £105,000 in Mar 2020.
Read more about house prices in PE9.
Empingham Road, Stamford, PE9 has a total of 172 addresses. According to our analysis of all the public data, 4 Nene Court, Stamford is the 172nd largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in PE9.
4 Nene Court, Stamford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Mar 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 4 Nene Court, Stamford is Stamford (Lincs) station which is 900 m away.
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 4 Nene Court, Stamford, 30.2% of property is socially rented and 26.5% is privately owned outright.
The graph below shows how this compares to Greater London 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 4 Nene Court, Stamford, 15.7% of residents are recorded as possessing school level qualifications and 35.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4 Nene Court, Stamford, the average age was 44.1 and the most common age was 57.
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 4 Nene Court, Stamford, 2.3% 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 4 Nene Court, Stamford, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.