According to the public record, 1 Hillside Cottage, Market Rasen is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Thoresway, Market Rasen, LN8.
Thoresway, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
1 Hillside Cottage, Market Rasen has 161 entries in the Land Registry database, most recently in September 2024 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Hillside Cottage Market Rasen as £43,556 and the rental value as £213 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Hillside Cottage Market Rasen has increased by £884 (2.0%) and its rental value has increased by £10 per month (4.8%).
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 Hillside Cottage, Market Rasen is in very good condition we estimate a sale value of £45,733 and rental value of £223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £40,507 and a rental value of £198 per month.
If you were able to purchase this property for the estimated value of £43,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £214 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 HM Land Registry, 1 Hillside Cottage, Market Rasen was last sold on 27 Mar 2018 for £125,000 and was recorded as a leasehold flat.
The property has had 16 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1 Hillside Cottage, Market Rasen within a radius of 2.7km over the last 2 years.
The most recent example is 2 Manor Farm Cottages, Market Rasen, LN8 6HP, a Leasehold flat which sold for £245,000 in Jan 2022.
Read more about house prices in LN8.
Thoresway, Market Rasen, LN8 has a total of 36 addresses. According to our analysis of all the public data, 1 Hillside Cottage, Market Rasen is the 23rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in LN8.
The closest station to 1 Hillside Cottage, Market Rasen is Market Rasen station which is 9.9 km away.