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Cornhill Lane is a residential street with 16 addresses.
It ranks as the 214th largest and 49th most expensive of the 605 streets in the PE21 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 16 properties: 2 houses and 14 flats.
Cornhill Lane is a residential street with 16 addresses.
It ranks as the 214th largest and 49th most expensive of the 605 streets in the PE21 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 16 properties: 2 houses and 14 flats.
Sale prices range from £32,817 for 1 bedroom leasehold flats (376 ft2) to £106,929 for 3 bedroom freehold houses with a garden (818 ft2) .
Monthly rental prices range from £195 pcm for 1 bed flats to £592 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 8.2%.
The average value per square foot is £140.
The last sale on Cornhill Lane sold for £100,000 on 6th March 2024. Since then prices are down an average of 1.9%.
The current average value in the street is £68,966.
The Cornhill Lane Sales Market has increased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £68,966 |
| May 2025 | 0.3% | £70,073 |
| May 2024 | -3.4% | £69,887 |
| May 2023 | 0.9% | £72,345 |
| May 2022 | 13.4% | £71,668 |
| May 2021 | 4.4% | £63,223 |
| May 2020 | 0.5% | £60,578 |
| May 2019 | 0.3% | £60,277 |
| May 2018 | 2.7% | £60,104 |
| May 2017 | 0.4% | £58,536 |
| May 2016 | 2.5% | £58,306 |
| May 2015 | 5% | £56,895 |
| May 2014 | 4.6% | £54,191 |
| May 2013 | -0.6% | £51,826 |
| May 2012 | -0.7% | £52,161 |
| May 2011 | -1% | £52,513 |
| May 2010 | 1.8% | £53,025 |
| May 2009 | -14.5% | £52,098 |
| May 2008 | 0% | £60,938 |
| May 2007 | 0% | £60,912 |
The current average rental value in the street is £373.
The Cornhill Lane Rental Market has increased by 29.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.5% | £373pcm |
| May 2025 | 3% | £354pcm |
| May 2024 | 4% | £343pcm |
| May 2023 | 5.3% | £330pcm |
| May 2022 | 7.4% | £314pcm |
| May 2021 | 0.7% | £292pcm |
| May 2020 | 0.8% | £290pcm |
| May 2019 | -1.3% | £288pcm |
| May 2018 | -0.4% | £291pcm |
| May 2017 | 1.4% | £293pcm |
| May 2016 | 2.2% | £288pcm |
| May 2015 | 2.6% | £282pcm |
| May 2014 | 1.9% | £275pcm |
| May 2013 | 0.5% | £270pcm |
| May 2012 | 0.3% | £269pcm |
| May 2011 | 3.5% | £268pcm |
| May 2010 | 1.2% | £259pcm |
| May 2009 | -5% | £256pcm |
| May 2008 | 4% | £269pcm |
| May 2007 | 0% | £259pcm |
The last sale was on 6th March 2024 for £100,000 and since then the market in the area has decreased by 1.9%. The street has had a total of 4 sales since 1995.
Cornhill Lane, Boston, PE21 has seen 1 sale in the last three years and no sales in the last twelve months.
Cornhill Lane, Boston, PE21 is the 214th largest and the 49th most expensive street in the PE21 area.
There is 1 postcode on Cornhill Lane, Boston, PE21.
The closest station to Cornhill Lane, Boston, PE21 is Boston station which is 600 metres away.
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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 Cornhill Lane, Boston, PE21, 81.7% of property is privately rented and 10.2% is privately owned outright.
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 Cornhill Lane, Boston, PE21, 14.9% of residents are recorded as possessing school level qualifications and 19.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Cornhill Lane, Boston, PE21, the average age was 37.4 and the most common age was 32.
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 Cornhill Lane, Boston, PE21, 0.3% 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 Cornhill Lane, Boston, PE21, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.