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8, Union Street, Boston is described in the public record as a modern apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 8, Union Street, Boston is £62,910 and its rental estimate is £302 per month, given the available information and assuming reasonable condition.
8, Union Street is a residential building on Union Street, Boston, PE21 and falls within the PE21 postal district and the borough of Boston.
8, Union Street, Boston has no records in the the Land Registry and a single entry in the EPC database dated December 2013.
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.
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 8, Union Street, Boston, we estimate a market value of £66,055 and a rental value of £318 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £58,506 and £281 per month respectively.
Over the last year, 8, Union Street, Boston has seen its estimated sale value drop by £1,145 (1.8%) and its estimated rental value rise by £16 per month (5.2%). This results in an estimated gross rental yield of 5.8%.
8, Union Street, Boston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 8, Union Street, Boston have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2023, was Flat 7, Woolsey House, Pump Square, Boston, PE21 6RA, a leasehold flat which sold for £63,000.
Read more about house prices in PE21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Union Street, Boston, PE21, 8, Union Street, Boston comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the PE21 district.
From 8, Union Street, Boston, the nearest station is Boston, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Union Street, Boston, 46.8% of property is privately rented and 24.7% is socially rented.
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 8, Union Street, Boston, 16.4% of residents are recorded as possessing school level qualifications and 17.7% 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 8, Union Street, Boston, the average age was 37.3 and the most common age was 37.
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 8, Union Street, Boston, 0.3% 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 8, Union Street, Boston, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.