6, Gospelgate
6, Gospelgate
Description & Estimates
6, Gospelgate, Louth is recorded publicly as a period freehold house across 775 ft2 of internal area, sitting on a 53.1 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Gospelgate, Louth is £241,837 and its rental estimate is £937 per month, given the available information and assuming reasonable condition.
Gospelgate, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
6, Gospelgate, Louth has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated April 2016.
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.
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 6, Gospelgate, Louth, we estimate a market value of £253,929 and a rental value of £984 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,908 and £871 per month respectively.
Recent Market Change
Over the last year, 6, Gospelgate, Louth has seen its estimated sale value decrease by £8,218 (3.4%) and its estimated rental value grow by £28 per month (3.0%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 6, Gospelgate, Louth as measuring 53 m2.
That makes it the 12th largest plot in the postcode, where 10 of the 16 other houses have recorded plot data.
Energy Efficiency
6, Gospelgate, Louth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Apr 2016.
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 6, Gospelgate, Louth completed on 30th April 2007 at £65,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 36.4% over the period since April 2007.
- Sold Apr 2007£65,000
- Sold Nov 1999£25,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Gospelgate, Louth have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2024, was 2 Gospelgate Mews, Gospelgate, Louth, LN11 9JX, a freehold house which sold for £336,500.
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 54 addresses on Gospelgate, Louth, LN11, 6, Gospelgate, Louth comes out as the 32nd largest and the 18th most expensive in our analysis of the public data.
It is also £14k more expensive than the average property across the LN11 district.
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Schools Nearby
- 300mKidgate Academy
- 700mSt Michael's Church of England School, Louth
- 1.1kmEastfield Infants and Nursery Academy
- 200mKing Edward VI Grammar School
- 800mLouth Academy
- 13.1kmSomercotes Academy
More reading links
Public Transport Nearby
From 6, Gospelgate, Louth, the nearest station is Cleethorpes, 21.9 kilometres away.
- 21.9kmCleethorpes
- 22.0kmMarket Rasen
- 22.7kmGrimsby Town
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
