Flat 5, The Corn Mill
Flat 5, The Corn Mill
Description & Estimates
Public records show Flat 5, The Corn Mill, Bourne to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, The Corn Mill, Bourne has an estimated sale value of £125,714 and an estimated rental value of £589 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Corn Mill, South Street, Bourne, PE10.
South Street, Bourne, PE10 lies in the borough of South Kesteven, within the PE10 postal district.
Our Data Sources
Flat 5, The Corn Mill, Bourne has 2 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated July 2019.
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
In very good condition, we estimate Flat 5, The Corn Mill, Bourne would be worth £131,999, with a potential rental value of £619 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £116,914, with a rental value of £548 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 Flat 5, The Corn Mill, Bourne has decreased by £4,910 (3.9%) over the last year. During the same period, its estimated monthly rental value has grown by £20 (3.4%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 5, The Corn Mill, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jul 2019.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
Sold Prices
Flat 5, The Corn Mill, Bourne last changed hands on 16th December 2019, selling for £115,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 8.3% since December 2019.
- Sold Dec 2019£115,000
- Sold Aug 2010£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of Flat 5, The Corn Mill, Bourne across the last 2 years.
Most recently, Flat 2, The Corn Mill, South Street, Bourne, PE10 9GN, a leasehold flat, sold at £127,500 on the 23rd May 2025.
Read more about house prices in PE10.
- Sold May 2025£127,500 | 2 Bed FlatFlat 2, The Corn Mill, South Street, Bourne, PE10 9GNFlat 2, The Corn Mill, South Street, Bourne, PE10 9GN
- Sold Apr 2019£127,000 | 2 Bed FlatFlat 4, The Corn Mill, South Street, Bourne, PE10 9GNFlat 4, The Corn Mill, South Street, Bourne, PE10 9GN
- Sold Sep 2017£250,000 | 2 Bed Flat18A, Abbey Road, Bourne, PE10 9LX18A, Abbey Road, Bourne, PE10 9LX
•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 Flat 5, The Corn Mill, Bourne as the 48th largest and the 36th most expensive of the 64 addresses on South Street, Bourne, PE10.
Against the PE10 postcode district average, it is £141k less expensive than the typical property.
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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
Spalding station is the nearest stop to Flat 5, The Corn Mill, Bourne at 15.0 kilometres away.
- 15.0kmSpalding
- 15.0kmStamford (Lincs)
- 23.0kmPeterborough
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
