8, Drury Close
8, Drury Close
Description & Estimates
8, Drury Close, Market Rasen is recorded publicly as a modern freehold house across 1,162 ft2 of internal area, sitting on a 497 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Drury Close, Market Rasen is £298,793 and its rental estimate is £1,090 per month, given the available information and assuming reasonable condition.
Drury Close, Binbrook, Market Rasen, LN8 falls within the LN8 postal district, in the borough of East Lindsey.
Our Data Sources
8, Drury Close, Market Rasen has a single entry in the Land Registry from January 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
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 8, Drury Close, Market Rasen, we estimate a market value of £313,733 and a rental value of £1,145 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,878 and £1,014 per month respectively.
Recent Market Change
Over the last year, 8, Drury Close, Market Rasen has seen its estimated sale value fall by £5,115 (1.7%) and its estimated rental value move up by £48 per month (4.4%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 8, Drury Close, Market Rasen as measuring 497 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 10 other houses have recorded plot data.
Energy Efficiency
8, 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
The most recent sale of 8, Drury Close, Market Rasen completed on 24th January 2017 at £219,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 38.2% over the period since January 2017.
- Sold Jan 2017£219,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Drury Close, Market Rasen have sold within a radius of 8.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2017, was 7, Drury Close, Market Rasen, LN8 6DZ, a freehold house which sold for £225,000.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Drury Close, Binbrook, Market Rasen, LN8, 8, Drury Close, Market Rasen comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the LN8 district.
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
From 8, Drury Close, Market Rasen, the nearest station is Market Rasen, 11.4 kilometres away.
- 11.4kmMarket Rasen
- 16.4kmGrimsby Town
- 16.8kmGreat Coates
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
