2, Riby Road
2, Riby Road
Description & Estimates
2, Riby Road, Market Rasen appears in the public record as a freehold house sitting on a 713 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,454 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Riby Road, Market Rasen is £168,415 and its rental estimate is £867 per month, given the available information and assuming reasonable condition.
Riby Road, Caistor, Market Rasen, LN7 falls within the LN7 postal district, in the borough of West Lindsey.
Our Data Sources
2, Riby Road, Market Rasen has a single entry in the Land Registry from May 2010 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
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, Riby Road, Market Rasen, we estimate a market value of £176,836 and a rental value of £910 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,626 and £806 per month respectively.
Recent Market Change
Over the last year, 2, Riby Road, Market Rasen has seen its estimated sale value move down by £5,100 (3.0%) and its estimated rental value increase by £23 per month (2.7%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 2, Riby Road, Market Rasen as measuring 713 m2.
That makes it the 2nd largest plot in the postcode, where 8 of the 9 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Riby Road, Market Rasen completed on 14th May 2010 at £135,000 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 risen by 45.9% over the period since May 2010.
- Sold May 2010£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Riby Road, Market Rasen have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 20, South Street, Market Rasen, LN7 6UB, a freehold house which sold for £170,000.
Read more about house prices in LN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Riby Road, Caistor, Market Rasen, LN7, 2, Riby Road, Market Rasen comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the LN7 district.
More reading links
Schools Nearby
- 900mCaistor CofE and Methodist Primary School
- 2.3kmNettleton Community Primary School
- 5.0kmGrasby All Saints Church of England Primary School
- 400mCaistor Yarborough Academy
- 1.0kmCaistor Grammar School
- 12.6kmHealing Academy
More reading links
Public Transport Nearby
From 2, Riby Road, Market Rasen, the nearest station is Barnetby, 10.8 kilometres away.
- 10.8kmBarnetby
- 12.1kmHabrough
- 12.7kmStallingborough
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
