7, Drury Close
7, Drury Close
Description & Estimates
According to the public record, 7, Drury Close, Market Rasen is a modern freehold house with 1,162 ft2 of internal area and sits on a 604 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Drury Close, Market Rasen is £298,793 and the estimated rental value is £1,090 per month.
Drury Close, Binbrook, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
Our Data Sources
7, Drury Close, Market Rasen has a single entry in the Land Registry from February 2017 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Drury Close, Market Rasen is in very good condition we estimate a sale value of £313,733 and a rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,878 and a rental value of £1,014 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Drury Close, Market Rasen has fallen by £5,115 (1.7%), while its estimated rental value has moved up by £48 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Plot Size
According to data from HM Land Registry, 7, Drury Close, Market Rasen sits on a plot of 604 m2.
We have plot size data on 4 out of 10 other houses in the postcode and 7, Drury Close, Market Rasen sits on the 3rd largest plot.
Energy Efficiency
7, Drury Close, Market Rasen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Drury Close, Market Rasen was last sold on 28th February 2017 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has risen by 37.7%.
- Sold Feb 2017£225,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Drury Close, Market Rasen within a radius of 8.0 kilometres over the last 2 years.
The most recent example is 8, Drury Close, Market Rasen, LN8 6DZ, a freehold house which sold for £219,950 on the 24th January 2017.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Drury Close, Binbrook, Market Rasen, LN8 has a total of 10 addresses. According to our analysis of all the public data, 7, Drury Close, Market Rasen is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in LN8.
More reading links
Schools Nearby
- 400mBinbrook CofE Primary School
- 6.0kmTealby School
- 6.5kmEast Ravendale CofE Primary School Academy
- 10.7kmDe Aston School
- 11.6kmCaistor Yarborough Academy
- 12.0kmCaistor Grammar School
More reading links
Public Transport Nearby
The closest station to 7, Drury Close, Market Rasen is Market Rasen station, which is 11.4 kilometres away.
- 11.4kmMarket Rasen
- 16.4kmGrimsby Town
- 16.8kmGreat Coates
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
