4, Forest Way
4, Forest Way
Description & Estimates
Public records show 4, Forest Way, Market Rasen to be a modern freehold house with 1,227 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Forest Way, Market Rasen has an estimated sale value of £336,347 and an estimated rental value of £1,202 per month, assuming reasonable condition and based on the information available.
Forest Way, Market Rasen, LN8 lies in the borough of West Lindsey, within the LN8 postal district.
Our Data Sources
4, Forest Way, Market Rasen has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated November 2023.
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
In very good condition, we estimate 4, Forest Way, Market Rasen would be worth £353,164, with a potential rental value of £1,262 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £312,803, with a rental value of £1,117 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Forest Way, Market Rasen has decreased by £5,758 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £52 (4.4%). The property's estimated gross yield is currently 4.3%.
Energy Efficiency
4, Forest Way, Market Rasen has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 02 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
4, Forest Way, Market Rasen last changed hands on 17th November 2023, selling for £300,000. 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 13.1% since November 2023.
- Sold Nov 2023£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of 4, Forest Way, Market Rasen across the last 2 years.
Most recently, 6, Forest Way, Market Rasen, LN8 3ZH, a freehold house, sold at £290,000 on the 8th September 2023.
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
Our analysis of the public data ranks 4, Forest Way, Market Rasen as the 12th largest and the 15th most expensive of the 21 addresses on Forest Way, Market Rasen, LN8.
Against the LN8 postcode district average, it is £77k more expensive than the typical property.
More reading links
Schools Nearby
- 1.6kmThe Market Rasen Church of England Primary School
- 3.4kmThe Middle Rasen Primary School
- 3.7kmLegsby Primary School
- 700mDe Aston School
- 12.4kmCaistor Grammar School
- 12.5kmCaistor Yarborough Academy
More reading links
Public Transport Nearby
Market Rasen station is the nearest stop to 4, Forest Way, Market Rasen at 1.5 kilometres away.
- 1.5kmMarket Rasen
- 21.5kmBrigg
- 21.6kmKirton Lindsey
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
