18, Meadow Drive
18, Meadow Drive
Description & Estimates
According to the public record, 18, Meadow Drive, Market Rasen is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,351 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Meadow Drive, Market Rasen is £290,167 and the estimated rental value is £1,181 per month.
Meadow Drive, Binbrook, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
Our Data Sources
18, Meadow Drive, Market Rasen has a single entry in the Land Registry from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 18, Meadow Drive, Market Rasen is in very good condition we estimate a sale value of £304,676 and a rental value of £1,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,856 and a rental value of £1,099 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Meadow Drive, Market Rasen has fallen by £8,787 (3.0%), while its estimated rental value has moved up by £32 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Sold Prices
According to HM Land Registry, 18, Meadow Drive, Market Rasen was last sold on 16th July 2007 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen by 52.5%.
- Sold Jul 2007£190,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Meadow Drive, Market Rasen within a radius of 7.9 kilometres over the last 2 years.
The most recent example is 4, Sorrel Close, Market Rasen, LN8 6DB, a freehold house which sold for £277,000 on the 27th February 2023.
Read more about house prices in LN8.
- Sold Feb 2023£277,000 | 4 Bed House4, Sorrel Close, Market Rasen, LN8 6DB4, Sorrel Close, Market Rasen, LN8 6DB
- Sold Aug 2022£386,950 | 4 Bed HouseScallywags, Grimsby Road, Market Rasen, LN8 6DHScallywags, Grimsby Road, Market Rasen, LN8 6DH
- Sold Aug 2015£180,000 | 4 Bed HouseReesemere, Grimsby Road, Market Rasen, LN8 6DHReesemere, Grimsby Road, Market Rasen, LN8 6DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Meadow Drive, Binbrook, Market Rasen, LN8 has a total of 23 addresses. According to our analysis of all the public data, 18, Meadow Drive, Market Rasen is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in LN8.
More reading links
Schools Nearby
- 500mBinbrook CofE Primary School
- 6.1kmEast Ravendale CofE Primary School Academy
- 6.5kmTealby School
- 11.2kmDe Aston School
- 11.7kmCaistor Yarborough Academy
- 12.0kmWaltham Toll Bar Academy
More reading links
Public Transport Nearby
The closest station to 18, Meadow Drive, Market Rasen is Market Rasen station, which is 11.8 kilometres away.
- 11.8kmMarket Rasen
- 16.1kmGrimsby Town
- 16.5kmGreat 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.
