16, Spain Place
16, Spain Place
Description & Estimates
16, Spain Place, Boston is recorded publicly as a period freehold house across 667 ft2 of internal area, sitting on a 124 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16, Spain Place, Boston is £82,198 and its rental estimate is £459 per month, given the available information and assuming reasonable condition.
Spain Place, Boston, PE21 falls within the PE21 postal district, in the borough of Boston.
Our Data Sources
16, Spain Place, Boston has 31 entries in the Land Registry , most recently in October 2011 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 16, Spain Place, Boston, we estimate a market value of £86,308 and a rental value of £482 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,444 and £427 per month respectively.
Recent Market Change
Over the last year, 16, Spain Place, Boston has seen its estimated sale value drop by £743 (0.9%) and its estimated rental value rise by £28 per month (6.2%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 16, Spain Place, Boston as measuring 124 m2.
That makes it the largest plot in the postcode, where 8 of the 9 other houses have recorded plot data.
Energy Efficiency
16, Spain Place, Boston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Spain Place, Boston completed on 7th October 2011 at £62,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 65.0% over the period since October 2011.
- Sold Oct 2011£62,500
- Sold Mar 2009£70,000
- Sold Apr 2003£23,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Spain Place, Boston have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 54, Pen Street, Boston, PE21 6TF, a freehold house which sold for £94,950.
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 9 addresses on Spain Place, Boston, PE21, 16, Spain Place, Boston comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £83k less expensive than the average property across the PE21 district.
More reading links
Schools Nearby
- 400mBoston Pioneers Free School Academy
- 900mTower Road Academy
- 900mCarlton Road Academy
- 200mThe Boston Grammar School
- 1.2kmHaven High Academy
- 1.5kmBoston High School
More reading links
Public Transport Nearby
From 16, Spain Place, Boston, the nearest station is Boston, 700 metres away.
- 700mBoston
- 6.0kmHubberts Bridge
- 11.2kmSwineshead
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
