Flat 2, The Corn Mill
Flat 2, The Corn Mill
Description & Estimates
According to the public record, Flat 2, The Corn Mill, Bourne is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Corn Mill, Bourne is £125,714 and the estimated rental value is £589 per month.
The apartment is within The Corn Mill, South Street, Bourne, PE10.
South Street, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
Our Data Sources
Flat 2, The Corn Mill, Bourne has 4 entries in the Land Registry , most recently in May 2025 and a single entry in the EPC database dated January 2015.
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.
Price Range & Condition
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 Flat 2, The Corn Mill, Bourne is in very good condition we estimate a sale value of £131,999 and a rental value of £619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,914 and a rental value of £548 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, The Corn Mill, Bourne has dropped by £15,937 (12.7%), while its estimated rental value has risen by £20 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
Flat 2, The Corn Mill, Bourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jan 2015.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 2, The Corn Mill, Bourne was last sold on 23rd May 2025 for £127,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2025, the market for similar properties has dropped by 12.7%.
- Sold May 2025£127,500
- Sold Dec 2022£120,000
- Sold Jun 2015£110,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Corn Mill, Bourne within a radius of 610 metres over the last 2 years.
The most recent example is Flat 5, The Corn Mill, South Street, Bourne, PE10 9GN, a leasehold flat which sold for £115,000 on the 16th December 2019.
Read more about house prices in PE10.
- Sold Dec 2019£115,000 | 2 Bed FlatThe Corn Mill, South StreetFlat 5, The Corn Mill, South Street, Bourne, PE10 9GN
- Sold Apr 2019£127,000 | 2 Bed FlatThe Corn Mill, South StreetFlat 4, The Corn Mill, South Street, Bourne, PE10 9GN
- Sold Sep 2017£250,000 | 2 Bed FlatAbbey Road18A, Abbey Road, Bourne, PE10 9LX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
South Street, Bourne, PE10 has a total of 64 addresses. According to our analysis of all the public data, Flat 2, The Corn Mill, Bourne is the 50th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in PE10.
More reading links
Schools Nearby
- 400mBourne Abbey Church of England Primary Academy
- 800mBourne Elsea Park Church of England Primary Academy
- 900mBourne Westfield Primary Academy
- 500mBourne Grammar School
- 900mBourne Academy
- 10.5kmCharles Read Academy
More reading links
Public Transport Nearby
The closest station to Flat 2, The Corn Mill, Bourne is Spalding station, which is 15.0 kilometres away.
- 15.0kmSpalding
- 15.0kmStamford (Lincs)
- 23.0kmPeterborough
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
