2, Kestrel Close
2, Kestrel Close
Description & Estimates
2, Kestrel Close, Market Rasen is recorded publicly as a modern freehold house across 2,217 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Kestrel Close, Market Rasen is £580,999 and its rental estimate is £2,047 per month, given the available information and assuming reasonable condition.
Kestrel Close, Market Rasen, LN8 falls within the LN8 postal district, in the borough of West Lindsey.
Our Data Sources
2, Kestrel Close, Market Rasen has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated October 2024.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Kestrel Close, Market Rasen, we estimate a market value of £610,049 and a rental value of £2,149 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £540,329 and £1,904 per month respectively.
Recent Market Change
Over the last year, 2, Kestrel Close, Market Rasen has seen its estimated sale value drop by £20,497 (3.5%) and its estimated rental value rise by £46 per month (2.3%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
2, Kestrel Close, Market Rasen has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 10 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 2, Kestrel Close, Market Rasen completed on 18th October 2024 at £600,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.8% over the period since October 2024.
- Sold Oct 2024£600,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Kestrel Close, Market Rasen have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 4, Barn Owl Close, Market Rasen, LN8 3ZR, a freehold house which sold for £529,500.
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
Of the 2 addresses on Kestrel Close, Market Rasen, LN8, 2, Kestrel Close, Market Rasen comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £322k more expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- 1.7kmThe Market Rasen Church of England Primary School
- 3.5kmThe Middle Rasen Primary School
- 3.7kmLegsby Primary School
- 800mDe Aston School
- 12.4kmCaistor Grammar School
- 12.5kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
From 2, Kestrel Close, Market Rasen, the nearest station is Market Rasen, 1.6 kilometres away.
- 1.6kmMarket Rasen
- 21.5kmBrigg
- 21.6kmKirton Lindsey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
