According to the public record, 7, Manor Cliff, Market Rasen is a modern freehold house with 2,055 ft2 of internal area and sits on a 514 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Manor Cliff, Normanby-By-Spital, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
7, Manor Cliff, Market Rasen has 31 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated January 2015.
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 7 Manor Cliff Market Rasen as £355,308 and the rental value as £1,421 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Manor Cliff Market Rasen has increased by £263 (0.1%) and its rental value has increased by £14 per month (1.0%).
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 7, Manor Cliff, Market Rasen is in very good condition we estimate a sale value of £373,073 and rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,436 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £355,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,746 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, 7, Manor Cliff, Market Rasen sits on a plot of 514m2.
We have plot size data on 7 out of 11 other houses in the postcode and 7, Manor Cliff, Market Rasen sits on the 4th largest plot.
According to HM Land Registry, 7, Manor Cliff, Market Rasen was last sold on 01 Mar 2016 for £294,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has risen 39.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Manor Cliff, Market Rasen within a radius of 6.9 kilometres over the last 2 years.
The most recent example is Meadow View, Private Lane, Market Rasen, LN8 2HF, a Freehold house which sold for £375,000 in Aug 2022.
Read more about house prices in LN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Cliff, Normanby-By-Spital, Market Rasen, LN8 has a total of 11 addresses. According to our analysis of all the public data, 7, Manor Cliff, Market Rasen is the largest and the most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in LN8.
7, Manor Cliff, Market Rasen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 7, Manor Cliff, Market Rasen is Market Rasen station which is 10.6 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 7, Manor Cliff, Market Rasen, 45.1% of property is privately owned outright and 30.5% 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 7, Manor Cliff, Market Rasen, 14.4% of residents are recorded as possessing school level qualifications and 37.4% 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 7, Manor Cliff, Market Rasen, the average age was 46.3 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 7, Manor Cliff, Market Rasen, 0.5% 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 7, Manor Cliff, Market Rasen, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.