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Property in Bourne

Bourne Housing Stock

Housing in Bourne

Bourne has a very good housing stock and property generally sells quite well in the town, with Estate Agents reporting a rise in sales and house prices over recent years, although there are signs that prices are now beginning to stagnate. There are desirable and not-so-desirable areas like any town, but generally speaking there are no areas that are considered rough or no-go areas. The best areas tend to be the more established areas with the larger period properties that are often situated on large plots with plenty of character and charm on the outskirts of the town. North Road and Mill Drove (just off North Road) are thought to be considered the most prestigious roads in Bourne, being lined with mature trees and some imposing, grand old properties. Properties in or close to the town centre are also popular as they offer great access to the numerous amenities of Bourne town centre, while many are tucked away in quiet pockets so not plagued by the noise and pollution that often comes with living in a busy town centre. Most of the new developments in Bourne are located on the southern outskirts of the town, with the popular Elsea Park making up the majority of the new build quota. Property in this area of the town is particular sought after due to the good transport links to Peterborough, Stamford, Grantham and the A1. In terms of villages, Baston is highly desirable due to its great facilities (there are two pubs, a primary and private school, village shop, post office, hairdressers, children's playground and a garden center/shopping outlet), community feel (there are always lots of events going on in the village) and good transport links to Bourne, Market Deeping and Stamford. The small picturesque villages to the west of the town located in the popular Kesteven Uplands are also very sought after, with many properties constructed in local limestone, as is the very pretty village of Manthorpe and the hamlet of Cawthorpe. The small villages of Northorpe and Thurlby (just a few miles south of Bourne) also have some very nice housing stock, consisting of mostly detached properties with large plots, built in the 1970's.

Bourne Property Prices

Housing in Bourne

Property prices, compared to some parts of the UK, are relatively on the low side (especially when comparing prices to those in London and the home counties), however, when compared to the rest of Lincolnshire, they are amongst the highest in the county - with only Stamford and Market Deeping being more expensive (and some of the surrounding villages). In fact, property prices in Bourne are considerably less than those found in the popular Georgian town of Stamford, just 10 miles south of Bourne, making the town a popular alternative to Stamford. Property tends to be most expensive that is in close proximity to the local Grammar School as spaces at this well sought-after school are limited and those living close by tend to get preference. Property backing onto the Bourne Woods and near this ancient woodland also tends to be on the more expensive side. Property prices tend to remain quite high due to the high demand for property in the town, particularly detached family homes, as people tend to favour Bourne due to its excellent schools, low crime levels, green spaces and excellent transport links. It is possible to pick-up property slightly cheaper in the near-by villages of Morton (3 miles from Bourne) and Folkingham to the north of the town (9 miles from Bourne), where property can be up to 10,000 cheaper than a comparable property in Bourne. Most affordable housing tends to found on areas of Elsea Park, the town's largest new housing development, as most of the old council housing stock has been brought privately. As with many other areas in the UK, affordable housing is in limited supply in Bourne and so the demand for such properties tends to be very high.

P A Locksmith & Key Cutting, Bourne

Property Demand in Bourne

Of all property types available in town, one-bedroom apartments tend to be in least demand and this is reflected in the prices for these properties which can be picked up for less than 80,000 (valid 2017) - these are, however, popular with investors. Detached family homes in the more established areas of town tend to be in most demand, and as a result these sell quickly. The traditional terrace housing also tends to sell quite quickly as Bourne has a limited supply of this property type - if presented in good order, these properties can sell within weeks as they are popular with first-time buyers and investors. Property on the new Elsea Park development also tends to be quite popular due to its position on the southern outskirts of the town meaning it has good transport links to Peterborough, Stamford, Grantham and the A1. Living here does tend to come at a premium though, as all residents who own their property must pay a contribution towards the Community Trust who manage the estate (currently just under 300 per annum) - the Trust do, however, do a great job of looking after the estate, which always looks well maintained.

If you're looking to retire in Bourne, you'll be in good company as the town has a large retirement population and several developments that cater specifically for this group of people. The Croft (off North Road) is a well-designed new retirement village close to the town centre with a varied selection of properties arranged around attractively landscaped courtyards and gardens, with a large manor house as its focal point which serves as the community centre. A similar retirement village, appropriately named The Croft at Baston, is located in the desirable village of Baston, just a few miles south of Bourne. If you would prefer a fully managed apartment, then Browning Court (off Manning Road) is the perfect development. Located just outside the town centre, Browning Court has a 24/7 on site duty manager, communal lift service to all floors, a restaurant facility offering a 3-course lunch every day, a handy man and a laundry service.

Bourne Rental Market

The rental market in Bourne is also buoyant with properties to let that are in good order being snapped up very quickly. As a result of the high demand for rental properties in the area, prices being charged for rent are rising steadily. As a general rule, the price of renting a decent two bed house in Bourne will set you back around 550 to 650 a month (flats being slightly cheaper at around 500 to 600 a month), with a three bed property costing around 700 to 800 a month. As with property to buy, rental properties tend to be slightly cheaper in the villages to the north of Bourne.

Browns Removals & Storage, Bourne

Property Values in Bourne

Home values in Bourne
Eckfords - Estate Agents in Bourne

Local Estate Agents

  2. Eckfords Estate Agents
  3. Eckfords (Sales and Lettings)
  4. 01778 426215
  5. sales@eckfords.co.uk
  6. www.eckfords.co.uk
  2. Hill & Clark Estate Agents
  3. Hill & Clark (Sales and Lettings)
  4. 01778 776019
  5. bournesales@hillclark.co.uk
  6. www.hillandclark.co.uk
  2. Newton Fallowell Estate Agents
  3. Newton Fallowell (Sales and Lettings)
  4. 01778 422567
  5. bourne@newtonfallowell.co.uk
  6. www.newtonfallowell.co.uk
  2. Quentin Marks Estate Agents
  3. Quentin Marks (Sales only)
  4. 01778 391600
  5. quentin.marks@quentinmarks.co.uk
  6. www.quentinmarks.co.uk
  2. Rosedale Estate Agents
  3. Rosedale Property Agents (Sales and Lettings)
  4. 01778 420011
  5. info@rosedaleproperties.co.uk
  6. www.rosedaleproperties.co.uk
  2. Winkworth Estate Agents
  3. Winkworth (Sales and Lettings)
  4. 01778 392807
  5. bourne@winkworth.co.uk
  6. www.winkworth.co.uk
  2. R Longstaff & Co (Sales and Lettings)
  3. 01778 420 406
  4. bourne@longstaff.com
  5. www.longstaff.com
  2. Stephen Knipe & Co (Sales and Lettings)
  3. 01778 421900
  4. enquiries@stephenknipe.co.uk
  5. www.stephenknipe.co.uk

Related Websites

  1. Property for Sale in Bourne
  2. www.rightmove.co.uk/property-for-sale/Bourne.html
  1. Property to Let in Bourne
  2. www.rightmove.co.uk/property-to-rent/Bourne.html
  1. Shared Ownership Property in Bourne
  2. www.rightmove.co.uk/property-for-sale/Bourne/shared-ownership.html
  1. New homes in Bourne
  2. www.primelocation.com/new-homes/property/lincolnshire/bourne/
  1. Rooms to Rent in Bourne
  2. www.gumtree.com/bourne/
  1. Commerical Property in Bourne
  2. www.rightmove.co.uk/commercial-property-to-let/Bourne.html
  1. Zoopla (Sales and Lettings)
  2. www.zoopla.co.uk

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Did you know?

The average property transaction takes around three months to complete and around one in four transactions fall through. Moving home is also considered one of the most stressful life events that we endure.

Property prices are often determined by supply and demand - the more people wishing to move to an area, the higher the prices will be. Prices are also determined by the earning potential of an area and the number of job opportunities available - areas with access to higher paid jobs will often demand higher property prices.

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