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According to the public record, 7, Albany Close, Louth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,359 ft2 of internal area and sits on a 1,218 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Albany Close, Louth is £253,424 and the estimated rental value is £1,143 per month.
Albany Close, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
7, Albany Close, Louth has 21 entries in the Land Registry , most recently in June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Albany Close, Louth is in very good condition we estimate a sale value of £266,096 and a rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,685 and a rental value of £1,063 per month.
Over the last 12 months the sale value of 7 Albany Close Louth has decreased by an estimated £10,116 (4.0%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 7, Albany Close, Louth sits on a plot of 1218m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Albany Close, Louth sits on the largest plot.
According to HM Land Registry, 7, Albany Close, Louth was last sold on 2nd June 2008 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2008, the market for similar properties has risen 35.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Albany Close, Louth within a radius of 860 metres over the last 2 years.
The most recent example is 40, Kenwick Road, Louth, LN11 8EG, a freehold house which sold for £242,500 on the 26th November 2024.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Close, Louth, LN11 has a total of 7 addresses. According to our analysis of all the public data, 7, Albany Close, Louth is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in LN11.
The closest station to 7, Albany Close, Louth is Market Rasen station which is 22.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 7, Albany Close, Louth, 74.1% of property is privately owned outright and 18.1% is privately owned with a mortgage.
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 7, Albany Close, Louth, 8.0% of residents are recorded as possessing school level qualifications and 30.5% 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 7, Albany Close, 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 7, Albany Close, 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 7, Albany Close, Louth, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.