2, Grimsby Road
2, Grimsby Road
Description & Estimates
Public records show 2, Grimsby Road, Market Rasen to be a period freehold house with 1,593 ft2 of internal area, sitting on a 998 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Grimsby Road, Market Rasen has an estimated sale value of £365,309 and an estimated rental value of £1,253 per month, assuming reasonable condition and based on the information available.
Grimsby Road, Swallow, Market Rasen, LN7 lies in the borough of West Lindsey, within the LN7 postal district.
Our Data Sources
2, Grimsby Road, Market Rasen has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Grimsby Road, Market Rasen would be worth £383,574, with a potential rental value of £1,316 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £339,737, with a rental value of £1,165 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Grimsby Road, Market Rasen has fallen by £11,063 (3.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £34 (2.7%). The property's estimated gross yield is currently 4.1%.
Plot Size
2, Grimsby Road, Market Rasen occupies a 998 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
2, Grimsby Road, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Grimsby Road, Market Rasen last changed hands on 19th August 2021, selling for £310,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 8.0% since August 2021.
- Sold Aug 2021£310,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.3 kilometres of 2, Grimsby Road, Market Rasen across the last 2 years.
Most recently, Bramleigh, Chapel Lane, Market Rasen, LN7 6DE, a freehold house, sold at £420,000 on the 10th January 2022.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Grimsby Road, Market Rasen as the 4th largest and the 3rd most expensive of the 11 addresses on Grimsby Road, Swallow, Market Rasen, LN7.
Against the LN7 postcode district average, it is £106k more expensive than the typical property.
More reading links
Schools Nearby
- 4.7kmLaceby Stanford Primary Academy
- 6.5kmCaistor CofE and Methodist Primary School
- 6.9kmEast Ravendale CofE Primary School Academy
- 6.1kmCaistor Yarborough Academy
- 6.7kmCaistor Grammar School
- 7.9kmHealing Academy
More reading links
Public Transport Nearby
Stallingborough station is the nearest stop to 2, Grimsby Road, Market Rasen at 8.6 kilometres away.
- 8.6kmStallingborough
- 8.7kmHealing
- 9.3kmGreat Coates
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
