5A, Mercer Row
5A, Mercer Row
Description & Estimates
Public records show 5A, Mercer Row, Louth to be an early-century Leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
5A, Mercer Row, Louth has an estimated sale value of £157,510 and an estimated rental value of £593 per month, assuming reasonable condition and based on the information available.
Mercer Row, Louth, LN11 lies in the borough of East Lindsey, within the LN11 postal district.
Our Data Sources
5A, Mercer Row, Louth has 21 entries in the Land Registry , most recently in January 2011 and a single entry in the EPC database dated October 2020.
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
In very good condition, we estimate 5A, Mercer Row, Louth would be worth £165,386, with a potential rental value of £623 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £146,485, with a rental value of £552 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5A, Mercer Row, Louth has dropped by £2,116 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (5.3%). The property's estimated gross yield is currently 4.5%.
Energy Efficiency
5A, Mercer Row, Louth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Oct 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
5A, Mercer Row, Louth last changed hands on 31st January 2011, selling for £87,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.7% since January 2011.
- Sold Jan 2011£87,000
- Sold Jan 2003£45,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 550 metres of 5A, Mercer Row, Louth across the last 2 years.
Most recently, Flat 1, 136, Eastgate, Louth, LN11 9AA, a leasehold flat, sold at £175,000 on the 15th July 2024.
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
Our analysis of the public data ranks 5A, Mercer Row, Louth as the 14th largest and the 7th most expensive of the 32 addresses on Mercer Row, Louth, LN11.
Against the LN11 postcode district average, it is £70k less expensive than the typical property.
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Schools Nearby
- 300mKidgate Academy
- 600mSt Michael's Church of England School, Louth
- 1.0kmEastfield Infants and Nursery Academy
- 300mKing Edward VI Grammar School
- 700mLouth Academy
- 13.0kmSomercotes Academy
More reading links
Public Transport Nearby
Cleethorpes station is the nearest stop to 5A, Mercer Row, Louth at 21.8 kilometres away.
- 21.8kmCleethorpes
- 22.1kmMarket Rasen
- 22.7kmGrimsby Town
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
