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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Banks Close, Boston is a modern freehold house with 1,044 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Banks Close, Boston is £237,851 and the estimated rental value is £1,002 per month.
Banks Close, Mareham-Le-Fen, Boston, PE22 is located in the borough of East Lindsey within the PE22 postal district.
2, Banks Close, Boston has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Banks Close, Boston is in very good condition we estimate a sale value of £249,744 and a rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,202 and a rental value of £932 per month.
Over the last 12 months the sale value of 2 Banks Close Boston has decreased by an estimated £7,477 (3.1%) and its rental value has increased by an estimated £32 per month (3.2%), giving an expected gross yield of 5.1%.
2, Banks Close, Boston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 2, Banks Close, Boston was last sold on 20th June 2024 for £242,245 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has dropped 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Banks Close, Boston within a radius of 5.7 kilometres over the last 2 years.
The most recent example is 29, Ross Ancell Way, Boston, PE22 7AU, a freehold house which sold for £89,458 on the 22nd May 2025.
Read more about house prices in PE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banks Close, Mareham-Le-Fen, Boston, PE22 has a total of 7 addresses. According to our analysis of all the public data, 2, Banks Close, Boston is the largest and the most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in PE22.
The closest station to 2, Banks Close, Boston is Hubberts Bridge station which is 17.3 kilometres away.
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 2, Banks Close, Boston, 54.9% of property is privately owned outright and 31.4% is privately owned with a mortgage.
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 2, Banks Close, Boston, 16.0% of residents are recorded as possessing school level qualifications and 24.3% 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 2, Banks Close, Boston, the average age was 48.6 and the most common age was 57.
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 2, Banks Close, Boston, 0.6% 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 2, Banks Close, Boston, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
