Our Data Sources
2, Lancaster Approach, Market Rasen has a single entry in the Land Registry from April 2023 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Lancaster Approach, Market Rasen would be worth £557,574, with a potential rental value of £1,989 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £493,852, with a rental value of £1,761 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Sold Prices
2, Lancaster Approach, Market Rasen last changed hands on 6th April 2023, selling for £495,000. 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 dropped by 3.2% since April 2023.
- Sold Apr 2023£495,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 9 sales of comparable properties within 2.5 kilometres of 2, Lancaster Approach, Market Rasen across the last 2 years.
Most recently, Mulberry House, Old Gallamore Lane, Market Rasen, LN8 3US, a freehold house, sold at £575,000 on the 2nd November 2022.
Read more about house prices in LN8.
- Sold Nov 2022£575,000 | 5 Bed HouseMulberry House, Old Gallamore Lane, Market Rasen, LN8 3USMulberry House, Old Gallamore Lane, Market Rasen, LN8 3US
- Sold Mar 2020£449,000 | 5 Bed HouseLemon Tree House, Old Gallamore Lane, Market Rasen, LN8 3USLemon Tree House, Old Gallamore Lane, Market Rasen, LN8 3US
- Sold Mar 2018£480,000 | 5 Bed HouseMaple House, Gainsborough Road, Market Rasen, LN8 3JUMaple House, Gainsborough Road, Market Rasen, LN8 3JU
•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, Lancaster Approach, Market Rasen as the 2nd largest and the most expensive of the 3 addresses on Lancaster Approach, Middle Rasen, Market Rasen, LN8.
Against the LN8 postcode district average, it is £270k more expensive than the typical property.
More reading links
Schools Nearby
- The Middle Rasen Primary School800 m away
- The Market Rasen Church of England Primary School2.1 km away
- Osgodby Primary School3.9 km away
- De Aston School3.0 km away
- William Farr CofE Comprehensive School11.8 km away
- Caistor Grammar School12.8 km away
More reading links
Public Transport Nearby
- Market Rasen|2.3 km away
- Kirton Lindsey|18.4 km away
- Brigg|19.8 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
