11A, Broadbank
11A, Broadbank
Description & Estimates
11A, Broadbank, Louth is recorded publicly as a period freehold house across 3,928 ft2 of internal area, sitting on a 203 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 11A, Broadbank, Louth is £340,451 and its rental estimate is £1,773 per month, given the available information and assuming reasonable condition.
Broadbank, Louth, LN11 falls within the LN11 postal district, in the borough of East Lindsey.
Our Data Sources
11A, Broadbank, Louth has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 11A, Broadbank, Louth, we estimate a market value of £357,474 and a rental value of £1,861 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,620 and £1,648 per month respectively.
Recent Market Change
Over the last year, 11A, Broadbank, Louth has seen its estimated sale value fall by £13,998 (4.1%) and its estimated rental value move up by £34 per month (1.9%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 11A, Broadbank, Louth as measuring 203 m2.
That makes it the 5th largest plot in the postcode, where 10 of the 16 other houses have recorded plot data.
Energy Efficiency
11A, Broadbank, Louth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11A, Broadbank, Louth completed on 15th November 2019 at £285,000 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 dropped by 7.8% over the period since November 2019.
- Sold Nov 2019£285,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 520 metres of 11A, Broadbank, Louth, per the Land Registry and our network of Estate Agents.
The latest, on the 7th March 2019, was 8, Spout Yard, Louth, LN11 0LW, a freehold house which sold for £160,000.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 55 addresses on Broadbank, Louth, LN11, 11A, Broadbank, Louth comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £113k more expensive than the average property across the LN11 district.
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Schools Nearby
- 500mKidgate Academy
- 700mSt Michael's Church of England School, Louth
- 1.0kmEastfield Infants and Nursery Academy
- 600mKing Edward VI Grammar School
- 700mLouth Academy
- 12.8kmSomercotes Academy
More reading links
Public Transport Nearby
From 11A, Broadbank, Louth, the nearest station is Cleethorpes, 21.6 kilometres away.
- 21.6kmCleethorpes
- 22.0kmMarket Rasen
- 22.4kmGrimsby Town
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 high, based on Environment Agency data.
