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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, 20, Cedar Close, Market Rasen is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 730 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 20, Cedar Close, Market Rasen is £57,011 and the estimated rental value is £288 per month.
Cedar Close, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
20, Cedar Close, Market Rasen has 21 entries in the Land Registry , most recently in May 2011 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.
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 20, Cedar Close, Market Rasen is in very good condition we estimate a sale value of £59,861 and a rental value of £302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,020 and a rental value of £268 per month.
Over the last 12 months the sale value of 20 Cedar Close Market Rasen has decreased by an estimated £850 (1.5%) and its rental value has increased by an estimated £11 per month (3.7%), giving an expected gross yield of 6.1%.
According to HM Land Registry, 20, Cedar Close, Market Rasen was last sold on 3rd May 2011 for £92,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen 116.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 20, Cedar Close, Market Rasen within a radius of 950 metres over the last 2 years.
The most recent example is 5D, Gallamore Lane Industrial Estate, Market Rasen, LN8 3HA, a leasehold flat which sold for £200,000 on the 31st March 2023.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Market Rasen, LN8 has a total of 12 addresses. According to our analysis of all the public data, 20, Cedar Close, Market Rasen is the largest and the 12th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in LN8.
The closest station to 20, Cedar Close, Market Rasen is Market Rasen station which is 200 metres 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 20, Cedar Close, Market Rasen, 42.1% of property is socially rented and 25.7% is privately owned outright.
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 20, Cedar Close, Market Rasen, 9.7% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 20, Cedar Close, Market Rasen, the average age was 47 and the most common age was 57.
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 20, Cedar Close, Market Rasen, 0.9% 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 20, Cedar Close, Market Rasen, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
