Flat 1, 7
Flat 1, 7
Description & Estimates
According to the public record, Flat 1, 7, Mercer Row, Louth is an early-century apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 7, Mercer Row, Louth is £132,330 and the estimated rental value is £491 per month.
The apartment is within 7, Mercer Row, Louth, LN11.
Mercer Row, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
Our Data Sources
Flat 1, 7, Mercer Row, Louth has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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
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 Flat 1, 7, Mercer Row, Louth is in very good condition we estimate a sale value of £138,947 and a rental value of £516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,067 and a rental value of £457 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 7, Mercer Row, Louth has moved down by £2,596 (2.0%), while its estimated rental value has increased by £22 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Energy Efficiency
Flat 1, 7, Mercer Row, Louth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Aug 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to Flat 1, 7, Mercer Row, Louth within a radius of 550 metres over the last 2 years.
The most recent example is Flat 1, 136, Eastgate, Louth, LN11 9AA, a leasehold flat which sold for £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
Mercer Row, Louth, LN11 has a total of 32 addresses. According to our analysis of all the public data, Flat 1, 7, Mercer Row, Louth is the 29th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in LN11.
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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
The closest station to Flat 1, 7, Mercer Row, Louth is Cleethorpes station, which is 21.8 kilometres away.
- 21.8kmCleethorpes
- 22.1kmMarket Rasen
- 22.7kmGrimsby Town
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
