1, Cornhill Lane
1, Cornhill Lane
Description & Estimates
1, Cornhill Lane, Boston is described in the public record as a period apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Cornhill Lane, Boston is £37,370 and its rental estimate is £233 per month, given the available information and assuming reasonable condition.
1, Cornhill Lane is a residential building on Cornhill Lane, Boston, PE21 and falls within the PE21 postal district and the borough of Boston.
Our Data Sources
1, Cornhill Lane, Boston has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Cornhill Lane, Boston, we estimate a market value of £39,239 and a rental value of £245 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £34,754 and £217 per month respectively.
Recent Market Change
Over the last year, 1, Cornhill Lane, Boston has seen its estimated sale value move down by £549 (1.5%) and its estimated rental value increase by £13 per month (5.6%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
1, Cornhill Lane, Boston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 520 metres of 1, Cornhill Lane, Boston, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2024, was 3, Cornhill Lane, Boston, PE21 6EZ, a freehold house which sold for £100,000.
Read more about house prices in PE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Cornhill Lane, Boston, PE21, 1, Cornhill Lane, Boston comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the PE21 district.
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Schools Nearby
- 400mBoston Pioneers Free School Academy
- 800mCarlton Road Academy
- 900mTower Road Academy
- 400mThe Boston Grammar School
- 1.1kmHaven High Academy
- 1.5kmBoston High School
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Public Transport Nearby
From 1, Cornhill Lane, Boston, the nearest station is Boston, 600 metres away.
- 600mBoston
- 5.9kmHubberts Bridge
- 11.0kmSwineshead
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
