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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
According to the public record, 7, Rectory Close, Market Rasen is a modern freehold house with 1,162 ft2 of internal area and sits on a 547 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, Rectory Close, Market Rasen is £265,805 and the estimated rental value is £1,083 per month.
Rectory Close, Binbrook, Market Rasen, LN8 is located in the borough of East Lindsey within the LN8 postal district.
7, Rectory Close, Market Rasen has 21 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated May 2023.
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.
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, Rectory Close, Market Rasen is in very good condition we estimate a sale value of £279,096 and a rental value of £1,137 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,199 and a rental value of £1,007 per month.
Over the last 12 months the sale value of 7 Rectory Close Market Rasen has decreased by an estimated £4,585 (1.7%) and its rental value has increased by an estimated £39 per month (3.6%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 7, Rectory Close, Market Rasen sits on a plot of 547m2.
We have plot size data on 10 out of 11 other houses in the postcode and 7, Rectory Close, Market Rasen sits on the 4th largest plot.
7, Rectory Close, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 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, 7, Rectory Close, Market Rasen was last sold on 4th October 2023 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2023, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Rectory Close, Market Rasen within a radius of 8.0 kilometres over the last 2 years.
The most recent example is 4, Beck Close, Market Rasen, LN8 6EB, a freehold house which sold for £272,500 on the 16th June 2023.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Close, Binbrook, Market Rasen, LN8 has a total of 11 addresses. According to our analysis of all the public data, 7, Rectory Close, Market Rasen is the largest and the most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in LN8.
The closest station to 7, Rectory Close, Market Rasen is Market Rasen station which is 11.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Rectory Close, Market Rasen, 52.5% of property is privately owned outright and 23.7% 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, Rectory Close, Market Rasen, 6.5% of residents are recorded as possessing school level qualifications and 27.0% 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, Rectory Close, Market Rasen, the average age was 48.1 and the most common age was 72.
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, Rectory Close, Market Rasen, 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, Rectory Close, Market Rasen, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
