Braybrook, Market Rasen
Braybrook, Market Rasen
Description & Estimates
Braybrook, Market Rasen is recorded publicly as a modern freehold house across 1,528 ft2 of internal area, sitting on a 770 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Braybrook, Market Rasen is £237,452 and its rental estimate is £1,131 per month, given the available information and assuming reasonable condition.
Spring Bank, Binbrook, Market Rasen, LN8 falls within the LN8 postal district, in the borough of East Lindsey.
Our Data Sources
Braybrook, Market Rasen has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated June 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 Braybrook, Market Rasen, we estimate a market value of £249,325 and a rental value of £1,188 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £220,831 and £1,052 per month respectively.
Recent Market Change
Over the last year, Braybrook, Market Rasen has seen its estimated sale value fall by £7,191 (3.0%) and its estimated rental value move up by £30 per month (2.7%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for Braybrook, Market Rasen as measuring 770 m2.
That makes it the largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Energy Efficiency
Braybrook, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Braybrook, Market Rasen completed on 30th June 2022 at £240,000 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 7.5% over the period since June 2022.
- Sold Jun 2022£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Braybrook, 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 15th December 2021, was 36, St. Marys Lane, Market Rasen, LN8 6DL, a freehold house which sold for £340,000.
Read more about house prices in LN8.
- Sold Dec 2021£340,000 | 4 Bed House36, St. Marys Lane, Market Rasen, LN8 6DL36, St. Marys Lane, Market Rasen, LN8 6DL
- Sold Jun 2019£140,000 | 4 Bed HouseWesley Mount, High Street, Market Rasen, LN8 6BHWesley Mount, High Street, Market Rasen, LN8 6BH
- Sold Jun 2017£209,500 | 4 Bed House14, Manor Drive, Market Rasen, LN8 6BX14, Manor Drive, Market Rasen, LN8 6BX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on Spring Bank, Binbrook, Market Rasen, LN8, Braybrook, Market Rasen comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the LN8 district.
More reading links
Schools Nearby
- 500mBinbrook CofE Primary School
- 6.2kmTealby School
- 6.5kmEast Ravendale CofE Primary School Academy
- 10.9kmDe Aston School
- 11.8kmCaistor Yarborough Academy
- 12.2kmCaistor Grammar School
More reading links
Public Transport Nearby
From Braybrook, Market Rasen, the nearest station is Market Rasen, 11.5 kilometres away.
- 11.5kmMarket Rasen
- 16.4kmGrimsby Town
- 16.9kmGreat 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.
