According to the public record, 48, Lime Walk, Market Rasen is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,066 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lime Walk, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
48, Lime Walk, Market Rasen has a single entry in the Land Registry database from March 2016 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 48 Lime Walk Market Rasen as £206,625 and the rental value as £903 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 48 Lime Walk Market Rasen has increased by £7,629 (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 48, Lime Walk, Market Rasen is in very good condition we estimate a sale value of £216,957 and rental value of £949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,162 and a rental value of £840 per month.
If you were able to purchase this property for the estimated value of £206,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,015 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, 48, Lime Walk, Market Rasen was last sold on 18 Mar 2016 for £133,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Lime Walk, Market Rasen within a radius of 150m 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.
Lime Walk, Market Rasen, LN8 has a total of 46 addresses. According to our analysis of all the public data, 48, Lime Walk, Market Rasen is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in LN8.
The closest station to 48, Lime Walk, Market Rasen is Market Rasen station which is 500 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 48, Lime Walk, Market Rasen, 37.2% of property is privately owned outright and 36.7% is privately owned with a mortgage.
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 48, Lime Walk, Market Rasen, 16.0% of residents are recorded as possessing school level qualifications and 26.9% 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 48, Lime Walk, 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 48, Lime Walk, Market Rasen, 1.0% 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 48, Lime Walk, Market Rasen, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.