16, Teal Close
16, Teal Close
Description & Estimates
According to the public record, 16, Teal Close, Market Rasen is a modern freehold house with 516 ft2 of internal area and sits on a 144 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Teal Close, Market Rasen is £127,765 and the estimated rental value is £696 per month.
Teal Close, Caistor, Market Rasen, LN7 is located in the borough of West Lindsey within the LN7 postal district.
Our Data Sources
16, Teal Close, Market Rasen has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated September 2018.
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 16, Teal Close, Market Rasen is in very good condition we estimate a sale value of £134,153 and a rental value of £731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,821 and a rental value of £648 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Teal Close, Market Rasen has declined by £1,486 (1.2%), while its estimated rental value has climbed by £34 per month (4.9%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Plot Size
According to data from HM Land Registry, 16, Teal Close, Market Rasen sits on a plot of 144 m2.
We have plot size data on 13 out of 16 other houses in the postcode and 16, Teal Close, Market Rasen sits on the 11th largest plot.
Energy Efficiency
16, Teal Close, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 16, Teal Close, Market Rasen was last sold on 23rd November 2018 for £105,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has risen by 55.5%.
- Sold Nov 2018£105,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Teal Close, Market Rasen within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 12, Mallard Drive, Market Rasen, LN7 6SA, a freehold house which sold for £110,000 on the 16th August 2024.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Teal Close, Caistor, Market Rasen, LN7 has a total of 16 addresses. According to our analysis of all the public data, 16, Teal Close, Market Rasen is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in LN7.
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
The closest station to 16, Teal Close, Market Rasen is Barnetby station, which is 10.1 kilometres away.
- 10.1kmBarnetby
- 11.9kmBrigg
- 12.6kmMarket Rasen
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.
