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According to the public record, Marshacres, Alford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,399 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Marshacres, Alford is £328,600 and the estimated rental value is £1,140 per month.
Sloothby, Alford, LN13 is located in the borough of East Lindsey within the LN13 postal district.
Marshacres, Alford has 31 entries in the Land Registry , most recently in October 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 Marshacres, Alford is in very good condition we estimate a sale value of £345,030 and a rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,598 and a rental value of £1,060 per month.
Over the last 12 months the sale value of Marshacres Alford has decreased by an estimated £13,116 (4.0%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 4.2%.
According to HM Land Registry, Marshacres, Alford was last sold on 10th October 2013 for £215,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2013, the market for similar properties has risen 50.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Marshacres, Alford within a radius of 5.7 kilometres over the last 2 years.
The most recent example is The Laurels, Hasthorpe Road, Alford, LN13 9FF, a freehold house which sold for £249,995 on the 21st October 2024.
Read more about house prices in LN13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sloothby, Alford, LN13 has a total of 60 addresses. According to our analysis of all the public data, Marshacres, Alford is the 21st largest and the 18th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in LN13.
The closest station to Marshacres, Alford is Skegness station which is 10.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Marshacres, Alford, 64.0% of property is privately owned outright and 19.8% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Marshacres, Alford, 10.9% of residents are recorded as possessing school level qualifications and 19.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Marshacres, Alford, the average age was 48.9 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Marshacres, Alford, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Marshacres, Alford, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.