1, Teal Close
1, Teal Close
Description & Estimates
1, Teal Close, Market Rasen is recorded publicly as a modern freehold house across 785 ft2 of internal area, sitting on a 150 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Teal Close, Market Rasen is £161,129 and its rental estimate is £872 per month, given the available information and assuming reasonable condition.
Teal Close, Caistor, Market Rasen, LN7 falls within the LN7 postal district, in the borough of West Lindsey.
Our Data Sources
1, Teal Close, Market Rasen has 51 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated June 2024.
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
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 1, Teal Close, Market Rasen, we estimate a market value of £169,186 and a rental value of £915 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,850 and £811 per month respectively.
Recent Market Change
Over the last year, 1, Teal Close, Market Rasen has seen its estimated sale value fall by £2,758 (1.7%) and its estimated rental value move up by £38 per month (4.4%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 1, Teal Close, Market Rasen as measuring 150 m2.
That makes it the 9th largest plot in the postcode, where 13 of the 16 other houses have recorded plot data.
Energy Efficiency
1, Teal Close, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Teal Close, Market Rasen completed on 29th April 2010 at £111,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 71.3% over the period since April 2010.
- Sold Apr 2010£111,500
- Sold May 2006£104,950
- Sold Dec 2001£47,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Teal Close, Market Rasen have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 3, Mallard Drive, Market Rasen, LN7 6SA, a freehold house which sold for £156,000.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Teal Close, Caistor, Market Rasen, LN7, 1, Teal Close, Market Rasen comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £98k less expensive than the average property across the LN7 district.
More reading links
Schools Nearby
- 900mCaistor CofE and Methodist Primary School
- 1.3kmNettleton Community Primary School
- 4.2kmGrasby All Saints Church of England Primary School
- 500mCaistor Grammar School
- 1.2kmCaistor Yarborough Academy
- 12.4kmSir John Nelthorpe School
More reading links
Public Transport Nearby
From 1, Teal Close, Market Rasen, the nearest station is Barnetby, 10.1 kilometres away.
- 10.1kmBarnetby
- 11.9kmBrigg
- 12.6kmMarket Rasen
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 very low, based on Environment Agency data.
