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Property details for 5 Welland Mews, Stamford PE9 2LW

Historic details available for this property Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £167,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £167,000
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  • Value change
    5,600 (3.5%) 8,450 (5.4%) 11,150 (7.2%) 21,600 (14.9%) 33,100 (24.8%) 39,000 (30.6%) 41,850 (33.5%)  
    from 
  • Rental value
    £550 pcm
  • Confidence level
    96
  • Value range
    £160,000 - £173,000
  • Rental range
    £500 - £600 pcm

Monthly running costs Beta

£586 Monthly total
Remortgage
Property value
Loan amount (60%) 100,200
Repayment term 25
Interest rate 0.5
Your payment £355 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £149,000 Contents value up to £30,000 Average insurance cost £19/mo (£225/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £31 Electricity £30 Estimated energy cost £61/mo (£731/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7700 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

South Kesteven

Estimated tax band B Council tax cost £113 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £22 Estimated water cost £38 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £125,000 | Sale date: 2nd Oct 2012 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £122,500 | Sale date: 8th Aug 2003
Property type: Flat | Tenure: Leasehold | Previous sale: £65,000 | Sale date: 27th Apr 1999

This 2 bed leasehold flat is located at 5 Welland Mews, Stamford PE9 2LW and has an estimated current value of £167,000. Welland Mews has 60 houses and flats on it with a average current value of £172,169, compared to an average property value of £331,039 for PE9. There have been 24 property sales on Welland Mews, PE9 over the last 5 years with an average house price paid of £164,928 and this flat was last sold on 2nd Oct 2012 for £125,000. There are currently 148 properties for sale in PE9 with an average asking price of £340,716 and 50 properties to rent in PE9 with an average asking rent of £252 pw.

Property history

Property history Newtown Court, Stamford, Lincs PE9

Previously listed for sale on 1st Feb 2013 for POA

Studio

Property history of 5 Welland Mews, Stamford PE9 2LW

Newly constructed Apartments in two blocks, 11 Apartments in total, one and two bedrooms and all with a balcony and outdoor space. Within walking distance of the town centre, high specification, allocated parking, close to Burghley Park and Railway ...

See details for 5 Welland Mews, Stamford PE9 2LW when it was last marketed:

Owner info

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Market activity
Average price paid £299,275 Sales 462 Current average value £331,039 (Zoopla Zed-Index) Value change £25,523 ▲ 8.35%

What is the current average value of properties in PE9?

The current average value in PE9 in December 2016 is £331,039. This has increased 3.51% from September 2016. Terraced properties sold for a current average value of £259,605 and semi-detached properties valued £246,482. In the past year property prices in PE9 have increased 8.35%. This is according to the current Zoopla estimates.

Property value data/graphs for PE9

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £458,369 £287 3.9 £415,915
Semi-detached £246,482 £256 3.0 £246,685
Terraced £259,605 £286 2.8 £263,091
Flats £175,866 £312 1.8 £175,457

Current asking prices in PE9

Average: £341,109
Avg. current asking prices in PE9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £103,750
(4)
£123,711
(28)
£272,121
(48)
£490,748
(32)
£656,806
(16)
Flats £125,350
(7)
£188,742
(8)
£225,000
(1)
- -
All £117,495
(11)
£138,162
(36)
£271,159
(49)
£490,748
(32)
£656,806
(16)

Current asking rents in PE9

Average: £824 pcm
Avg. current asking prices in PE9
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £553 pcm
(2)
£745 pcm
(11)
£854 pcm
(6)
£1,412 pcm
(4)
£1,426 pcm
(2)
Flats £607 pcm
(4)
£715 pcm
(3)
- - -
All £589 pcm
(6)
£738 pcm
(14)
£854 pcm
(6)
£1,412 pcm
(4)
£1,426 pcm
(2)

Fun facts for PE9

Highest value in PE9
Highest value streets Zed-Index
First Drift £865,475
Belmesthorpe, Stamford PE9 £857,280
Barn Hill £845,897
St. Marys Street £845,794
First Drift £767,954
Highest turnover in PE9
Highest turnover streets Turnover
Searson Close 66.7%
Burns Road 66.7%
Winterton Close 53.3%
Masterton Close 53.3%
St. Georges Avenue 51.5%

What Zoopla users think of Stamford

Overall rating:

  • currently 4 stars
Very good - 82% (45 ratings)

Ratings breakdown:

  • currently stars
Community & safety
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Entertainment & nightlife
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Parks & recreation
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  • 1
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  • 4
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  • 3
  • 4
  • 5
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Transport & travel
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Local info for South Kesteven

About the neighbours in PE9

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