10, Spring Bank
10, Spring Bank
Description & Estimates
According to the public record, 10, Spring Bank, Market Rasen is a mid-century house with 742 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Spring Bank, Market Rasen is £121,268 and the estimated rental value is £698 per month.
Spring Bank, Binbrook, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
Our Data Sources
10, Spring Bank, Market Rasen has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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 10, Spring Bank, Market Rasen is in very good condition we estimate a sale value of £127,331 and a rental value of £733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,779 and a rental value of £649 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 10, Spring Bank, Market Rasen has decreased by £2,076 (1.7%), while its estimated rental value has grown by £30 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
10, Spring Bank, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Spring Bank, Market Rasen within a radius of 8.0 kilometres over the last 2 years.
The most recent example is 20, Mount Pleasant, Market Rasen, LN8 6BQ, a freehold house which sold for £125,000 on the 14th July 2023.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spring Bank, Binbrook, Market Rasen, LN8 has a total of 15 addresses. According to our analysis of all the public data, 10, Spring Bank, Market Rasen is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in LN8.
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Schools Nearby
- 500mBinbrook CofE Primary School
- 6.2kmTealby School
- 6.5kmEast Ravendale CofE Primary School Academy
- 10.9kmDe Aston School
- 11.8kmCaistor Yarborough Academy
- 12.2kmCaistor Grammar School
More reading links
Public Transport Nearby
The closest station to 10, Spring Bank, Market Rasen is Market Rasen station, which is 11.5 kilometres away.
- 11.5kmMarket Rasen
- 16.4kmGrimsby Town
- 16.9kmGreat Coates
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
