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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, 5, Mount Olivet, Louth is a period freehold house with 656 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Mount Olivet, Louth is £159,858 and the estimated rental value is £795 per month.
Mount Olivet, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
5, Mount Olivet, Louth has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Mount Olivet, Louth is in very good condition we estimate a sale value of £167,851 and a rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,668 and a rental value of £740 per month.
Over the last 12 months the sale value of 5 Mount Olivet Louth has decreased by an estimated £3,961 (2.5%) and its rental value has increased by an estimated £30 per month (3.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 5, Mount Olivet, Louth sits on a plot of 145m2.
We have plot size data on 4 out of 4 other houses in the postcode and 5, Mount Olivet, Louth sits on the 3rd largest plot.
5, Mount Olivet, Louth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Mount Olivet, Louth was last sold on 28th February 2014 for £72,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2014, the market for similar properties has risen 73.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mount Olivet, Louth within a radius of 580 metres over the last 2 years.
The most recent example is 19, Grimsby Road, Louth, LN11 0ED, a freehold house which sold for £136,000 on the 28th March 2024.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mount Olivet, Louth, LN11 has a total of 4 addresses. According to our analysis of all the public data, 5, Mount Olivet, Louth is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in LN11.
The closest station to 5, Mount Olivet, Louth is Cleethorpes station which is 21.4 kilometres 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 5, Mount Olivet, Louth, 47.0% of property is socially rented and 24.0% 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 5, Mount Olivet, Louth, 6.9% of residents are recorded as possessing school level qualifications and 28.5% 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 5, Mount Olivet, Louth, the average age was 42.9 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 5, Mount Olivet, Louth, 0.0% 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 5, Mount Olivet, Louth, 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.
