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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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6, Grays Road, Louth is recorded publicly as a period freehold house across 473 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 6, Grays Road, Louth is £118,528 and its rental estimate is £643 per month, given the available information and assuming reasonable condition.
Grays Road, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
6, Grays Road, Louth has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated May 2018.
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.
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, Grays Road, Louth, we estimate a market value of £124,454 and a rental value of £675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,231 and £598 per month respectively.
Over the last year, 6, Grays Road, Louth has seen its estimated sale value fall by £2,937 (2.5%) and its estimated rental value move up by £24 per month (3.7%). This results in an estimated gross rental yield of 6.5%.
6, Grays Road, Louth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Grays Road, Louth completed on 17th October 2022 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 3.9% over the period since October 2022.
Over the past 2 years 3 properties similar to 6, Grays Road, Louth have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2024, was 9, Grays Road, Louth, LN11 0EL, a freehold house which sold for £132,000.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on Grays Road, Louth, LN11, 6, Grays Road, Louth comes out as the 10th largest and the 7th most expensive in our analysis of the public data.
It is also £109k less expensive than the average property across the LN11 district.
From 6, Grays Road, Louth, the nearest station is Cleethorpes, 21.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Grays Road, Louth, 39.5% of property is privately owned outright and 24.7% is privately rented.
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 6, Grays Road, Louth, 14.1% of residents are recorded as possessing school level qualifications and 28.2% 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 6, Grays Road, Louth, the average age was 46.3 and the most common age was 52.
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 6, Grays Road, 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 6, Grays Road, Louth, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
