According to the public record, 1 Orchard Court, Market Rasen is a modern freehold house and with 1,039 ft2 of internal area and sits on a 367 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Jameson Bridge Street, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
1 Orchard Court, Market Rasen has 41 entries in the Land Registry database, most recently in April 2018 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Orchard Court Market Rasen as £207,283 and the rental value as £914 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 1 Orchard Court Market Rasen has increased by £7,653 (3.7%) and its rental value has increased by £37 per month (4.1%).
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 1 Orchard Court, Market Rasen is in very good condition we estimate a sale value of £217,647 and rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,773 and a rental value of £850 per month.
If you were able to purchase this property for the estimated value of £207,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,019 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Orchard Court, Market Rasen sits on a plot of 367m2.
According to HM Land Registry, 1 Orchard Court, Market Rasen was last sold on 25 Apr 2018 for £197,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2018, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Orchard Court, Market Rasen within a radius of 296m over the last 2 years.
The most recent example is 4, Elizabeth Gardens, Market Rasen, LN8 3DQ, a Freehold house which sold for £200,000 in Jun 2022.
Read more about house prices in LN8.
Jameson Bridge Street, Market Rasen, LN8 has a total of 32 addresses. According to our analysis of all the public data, 1 Orchard Court, Market Rasen is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in LN8.
1 Orchard Court, Market Rasen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 Orchard Court, Market Rasen is Market Rasen station which is 400 m 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 1 Orchard Court, Market Rasen, 41.8% of property is privately rented and 32.0% is privately owned outright.
The graph below shows how this compares to Greater London 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 1 Orchard Court, Market Rasen, 11.2% of residents are recorded as possessing school level qualifications and 23.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Orchard Court, Market Rasen, the average age was 47 and the most common age was 57.
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 1 Orchard Court, Market Rasen, 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 1 Orchard Court, Market Rasen, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.