Flat 2, 58
Flat 2, 58
Description & Estimates
The public record describes Flat 2, 58, Newmarket, Louth as a mid-century apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 58, Newmarket, Louth has an estimated sale value of £68,694 and an estimated rental value of £364 per month, assuming reasonable condition and based on the information available.
The apartment sits within 58, Newmarket, Louth, LN11.
Newmarket, Louth, LN11 lies in the borough of East Lindsey, within the LN11 postal district.
Our Data Sources
Flat 2, 58, Newmarket, Louth has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
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
In very good condition, we estimate Flat 2, 58, Newmarket, Louth would be worth £72,129, with a potential rental value of £382 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £63,886, with a rental value of £338 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 Flat 2, 58, Newmarket, Louth has dropped by £1,262 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £16 (4.5%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 2, 58, Newmarket, Louth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of Flat 2, 58, Newmarket, Louth across the last 2 years.
Most recently, 31A, Aswell Street, Louth, LN11 9BA, a leasehold flat, sold at £79,000 on the 30th October 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 Flat 2, 58, Newmarket, Louth as the 142nd largest and the 165th most expensive of the 172 addresses on Newmarket, Louth, LN11.
Against the LN11 postcode district average, it is £159k less expensive than the typical property.
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Schools Nearby
- 300mKidgate Academy
- 400mSt Michael's Church of England School, Louth
- 800mEastfield Infants and Nursery Academy
- 500mLouth Academy
- 600mKing Edward VI Grammar School
- 13.0kmSomercotes Academy
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Public Transport Nearby
Cleethorpes station is the nearest stop to Flat 2, 58, Newmarket, Louth at 22.2 kilometres away.
- 22.2kmCleethorpes
- 22.5kmMarket Rasen
- 23.1kmGrimsby Town
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
