55, Old Iron Way
55, Old Iron Way
Description & Estimates
Public records show 55, Old Iron Way, Boston to be a modern freehold house with 1,194 ft2 of internal area, sitting on a 15.3 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
55, Old Iron Way, Boston has an estimated sale value of £219,035 and an estimated rental value of £982 per month, assuming reasonable condition and based on the information available.
Old Iron Way, Boston, PE21 lies in the borough of Boston, within the PE21 postal district.
Our Data Sources
55, Old Iron Way, Boston has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 55, Old Iron Way, Boston would be worth £229,986, with a potential rental value of £1,031 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £203,702, with a rental value of £913 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 55, Old Iron Way, Boston has decreased by £7,871 (3.6%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (3.0%). The property's estimated gross yield is currently 5.4%.
Plot Size
55, Old Iron Way, Boston occupies a 15 m2 plot as recorded by HM Land Registry.
Of the 59 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the 33rd largest.
Energy Efficiency
55, Old Iron Way, Boston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
55, Old Iron Way, Boston last changed hands on 11th March 2022, selling for £239,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 20.8% since March 2022.
- Sold Mar 2022£239,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 55, Old Iron Way, Boston across the last 2 years.
Most recently, 69, Old Iron Way, Boston, PE21 9EQ, a freehold house, sold at £269,950 on the 29th July 2022.
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
Our analysis of the public data ranks 55, Old Iron Way, Boston as the 23rd largest and the 23rd most expensive of the 59 addresses on Old Iron Way, Boston, PE21.
Against the PE21 postcode district average, it is £54k more expensive than the typical property.
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Schools Nearby
- 700mSt Nicholas CE Primary Academy
- 800mTower Road Academy
- 800mSaint Mary's RC Primary Academy Boston
- 1.2kmBoston High School
- 1.4kmThe Boston Grammar School
- 1.8kmHaven High Academy
More reading links
Public Transport Nearby
Boston station is the nearest stop to 55, Old Iron Way, Boston at 1.9 kilometres away.
- 1.9kmBoston
- 7.2kmHubberts Bridge
- 12.4kmSwineshead
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
