4, Alexander Drive
4, Alexander Drive
Description & Estimates
4, Alexander Drive, Louth is recorded publicly as a modern freehold house across 452 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Alexander Drive, Louth is £128,393 and its rental estimate is £663 per month, given the available information and assuming reasonable condition.
Alexander Drive, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
4, Alexander Drive, Louth has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 4, Alexander Drive, Louth, we estimate a market value of £134,812 and a rental value of £696 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £119,405 and £617 per month respectively.
Recent Market Change
Over the last year, 4, Alexander Drive, Louth has seen its estimated sale value decrease by £3,181 (2.5%) and its estimated rental value grow by £25 per month (3.7%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
4, Alexander Drive, Louth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Alexander Drive, Louth completed on 12th November 2021 at £113,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 11.4% over the period since November 2021.
- Sold Nov 2021£113,500
- Sold Feb 2017£71,995
- Sold Aug 2002£39,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Alexander Drive, Louth have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th April 2024, was 29, Alexander Drive, Louth, LN11 8QG, a freehold house which sold for £130,000.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Alexander Drive, Louth, LN11, 4, Alexander Drive, Louth comes out as the 50th largest and the 49th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the LN11 district.
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Schools Nearby
- 400mSt Michael's Church of England School, Louth
- 600mEastfield Infants and Nursery Academy
- 700mKidgate Academy
- 500mLouth Academy
- 1.1kmKing Edward VI Grammar School
- 12.7kmSomercotes Academy
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Public Transport Nearby
From 4, Alexander Drive, Louth, the nearest station is Cleethorpes, 22.4 kilometres away.
- 22.4kmCleethorpes
- 22.9kmMarket Rasen
- 23.3kmGrimsby Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
