5, Cheales Close
5, Cheales Close
Description & Estimates
5, Cheales Close, Boston appears in the public record as a freehold house sitting on a 345 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 851 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 5, Cheales Close, Boston is £145,471 and its rental estimate is £789 per month, given the available information and assuming reasonable condition.
Cheales Close, Friskney, Boston, PE22 falls within the PE22 postal district, in the borough of East Lindsey.
Our Data Sources
5, Cheales Close, Boston has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, Cheales Close, Boston, we estimate a market value of £152,745 and a rental value of £829 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,288 and £734 per month respectively.
Recent Market Change
Over the last year, 5, Cheales Close, Boston has seen its estimated sale value decline by £4,573 (3.1%) and its estimated rental value climb by £25 per month (3.2%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 5, Cheales Close, Boston as measuring 345 m2.
That makes it the largest plot in the postcode, where 3 of the 16 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Cheales Close, Boston completed on 3rd August 2007 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 33.3% over the period since August 2007.
- Sold Aug 2007£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Cheales Close, Boston have sold within a radius of 5.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2023, was 1, Daisy Terrace, Boston, PE22 8NY, a freehold house which sold for £142,500.
Read more about house prices in PE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Cheales Close, Friskney, Boston, PE22, 5, Cheales Close, Boston comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the PE22 district.
More reading links
Schools Nearby
- 800mFriskney All Saints Church of England Primary School
- 4.7kmThe Wainfleet Magdalen Church of England/Methodist School
- 5.2kmWrangle Primary Academy
- 7.8kmThe Giles Academy
- 11.9kmWilliam Lovell Church of England Academy
- 12.2kmKing Edward VI Academy
More reading links
Public Transport Nearby
From 5, Cheales Close, Boston, the nearest station is Wainfleet, 4.6 kilometres away.
- 4.6kmWainfleet
- 4.9kmThorpe Culvert
- 7.3kmHavenhouse
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.
