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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
Public records show 7, Wells Drive, Market Rasen to be a modern freehold house with 914 ft2 of internal area, sitting on a 581 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Wells Drive, Market Rasen has an estimated sale value of £232,536 and an estimated rental value of £1,018 per month, assuming reasonable condition and based on the information available.
Wells Drive, Market Rasen, LN8 lies in the borough of West Lindsey, within the LN8 postal district.
7, Wells Drive, Market Rasen has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated July 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.
In very good condition, we estimate 7, Wells Drive, Market Rasen would be worth £244,162, with a potential rental value of £1,069 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £216,258, with a rental value of £947 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Wells Drive, Market Rasen has fallen by £3,981 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £44 (4.4%). The property's estimated gross yield is currently 5.3%.
7, Wells Drive, Market Rasen occupies a 581 m2 plot as recorded by HM Land Registry.
All 21 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
7, Wells Drive, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
7, Wells Drive, Market Rasen last changed hands on 3rd October 2018, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 11.3% since October 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 7, Wells Drive, Market Rasen across the last 2 years.
Most recently, 6, Wells Drive, Market Rasen, LN8 3EF, a freehold house, sold at £215,000 on the 3rd October 2024.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Wells Drive, Market Rasen as the 8th largest and the 8th most expensive of the 21 addresses on Wells Drive, Market Rasen, LN8.
Against the LN8 postcode district average, it is £27k less expensive than the typical property.
Market Rasen station is the nearest stop to 7, Wells Drive, Market Rasen at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Wells Drive, Market Rasen, % of property is and % is .
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, Wells Drive, Market Rasen, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Wells Drive, 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, Wells Drive, Market Rasen, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
