Beechcroft, Market Rasen
Beechcroft, Market Rasen
Description & Estimates
Beechcroft, Market Rasen is recorded publicly as a mid-century freehold house across 753 ft2 of internal area, sitting on a 609 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Beechcroft, Market Rasen is £220,256 and its rental estimate is £943 per month, given the available information and assuming reasonable condition.
Grimsby Road, Binbrook, Market Rasen, LN8 falls within the LN8 postal district, in the borough of East Lindsey.
Our Data Sources
Beechcroft, Market Rasen has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Beechcroft, Market Rasen, we estimate a market value of £231,268 and a rental value of £990 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,838 and £877 per month respectively.
Recent Market Change
Over the last year, Beechcroft, Market Rasen has seen its estimated sale value move down by £3,771 (1.7%) and its estimated rental value increase by £41 per month (4.4%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for Beechcroft, Market Rasen as measuring 609 m2.
That makes it the 16th largest plot in the postcode, where 23 of the 28 other houses have recorded plot data.
Energy Efficiency
Beechcroft, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2014.
The property is not 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 Beechcroft, Market Rasen completed on 26th March 2021 at £165,000 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 risen by 17.6% over the period since March 2021.
- Sold Mar 2021£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Beechcroft, Market Rasen have sold within a radius of 7.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 3, Chestnut Way, Market Rasen, LN8 6DD, a freehold house which sold for £230,000.
Read more about house prices in LN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Grimsby Road, Binbrook, Market Rasen, LN8, Beechcroft, Market Rasen comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £39k less expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- 400mBinbrook CofE Primary School
- 6.1kmEast Ravendale CofE Primary School Academy
- 6.4kmTealby School
- 11.1kmDe Aston School
- 11.5kmCaistor Yarborough Academy
- 12.0kmWaltham Toll Bar Academy
More reading links
Public Transport Nearby
From Beechcroft, Market Rasen, the nearest station is Market Rasen, 11.7 kilometres away.
- 11.7kmMarket Rasen
- 16.0kmGrimsby Town
- 16.5kmGreat 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.
