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According to the public record, 142A, Eastgate, Louth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 142A, Eastgate, Louth is £168,311 and the estimated rental value is £620 per month.
The apartment is within 142, Eastgate, Louth, LN11.
Eastgate, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
142A, Eastgate, Louth has a single entry in the Land Registry from December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 142A, Eastgate, Louth is in very good condition we estimate a sale value of £176,727 and a rental value of £651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,530 and a rental value of £577 per month.
Over the last 12 months the sale value of 142A Eastgate Louth has decreased by an estimated £3,093 (1.8%) and its rental value has increased by an estimated £28 per month (4.5%), giving an expected gross yield of 4.4%.
According to HM Land Registry, 142A, Eastgate, Louth was last sold on 13th December 2021 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 142A, Eastgate, Louth within a radius of 480 metres over the last 2 years.
The most recent example is 142B, Eastgate, Louth, LN11 9AA, a leasehold flat which sold for £105,000 on the 13th December 2021.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastgate, Louth, LN11 has a total of 237 addresses. According to our analysis of all the public data, 142A, Eastgate, Louth is the 163rd largest and the 109th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in LN11.
The closest station to 142A, Eastgate, Louth is Cleethorpes station which is 21.7 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 142A, Eastgate, Louth, 75.8% of property is privately rented and 14.3% is privately owned outright.
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 142A, Eastgate, Louth, 8.2% of residents are recorded as possessing school level qualifications and 24.1% 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 142A, Eastgate, Louth, the average age was 46.3 and the most common age was 52.
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 142A, Eastgate, Louth, 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 142A, Eastgate, Louth, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.