According to the public record, School House, Market Rasen is a period house with 688 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Stainton Le Vale, Market Rasen, LN8 is located in the borough of West Lindsey within the LN8 postal district.
School House, Market Rasen has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 School House Market Rasen as £219,825 and the rental value as £838 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of School House Market Rasen has increased by £7,165 (3.3%) and its rental value has increased by £51 per month (6.1%).
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 School House, Market Rasen is in very good condition we estimate a sale value of £230,816 and rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,437 and a rental value of £779 per month.
If you were able to purchase this property for the estimated value of £219,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,080 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to School House, Market Rasen within a radius of 4.0km over the last 2 years.
The most recent example is 2, Meadow Drive, Market Rasen, LN8 6DA, a Freehold house which sold for £168,600 in Jul 2021.
Read more about house prices in LN8.
Stainton Le Vale, Market Rasen, LN8 has a total of 23 addresses. According to our analysis of all the public data, School House, Market Rasen is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in LN8.
School House, Market Rasen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Oct 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to School House, Market Rasen is Market Rasen station which is 8.5 km 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 School House, Market Rasen, 44.2% of property is privately rented and 32.6% 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 School House, Market Rasen, 15.5% of residents are recorded as possessing school level qualifications and 36.8% 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 School House, 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 School House, 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 School House, 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.