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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Buzzard Close, Market Rasen is a modern freehold house with 1,227 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 2, Buzzard Close, Market Rasen is £339,361 and the estimated rental value is £1,196 per month.
Buzzard Close, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
2, Buzzard Close, Market Rasen has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 2, Buzzard Close, Market Rasen is in very good condition we estimate a sale value of £356,329 and a rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,606 and a rental value of £1,112 per month.
Over the last 12 months the sale value of 2 Buzzard Close Market Rasen has decreased by an estimated £5,853 (1.7%) and its rental value has increased by an estimated £43 per month (3.6%), giving an expected gross yield of 4.2%.
2, Buzzard Close, Market Rasen has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 09 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Buzzard Close, Market Rasen was last sold on 27th October 2023 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Buzzard Close, Market Rasen within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 3, Buzzard Close, Market Rasen, LN8 3ZP, a freehold house which sold for £305,000 on the 17th November 2023.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buzzard Close, Market Rasen, LN8 has a total of 4 addresses. According to our analysis of all the public data, 2, Buzzard Close, Market Rasen is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in LN8.
The closest station to 2, Buzzard Close, Market Rasen is Market Rasen station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Buzzard Close, Market Rasen, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Buzzard Close, Market Rasen, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Buzzard Close, Market Rasen, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Buzzard Close, Market Rasen, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
