1, Prospect House Prospect Place, Market Rasen, LN8 3AS is a leasehold flat built between 1983-1990. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £64,812 , which equates to approximately £109 per square foot. It was last sold on 9 Mar 2007 for £55,000. Since then, the value has increased by £9,812, representing a 17.8% increase, or approximately 0.9% per year.

The current estimated value of £64,812 is:

  • 51.1% lower than the average property price on Prospect Place
  • 45.6% lower than the average in the LN8 3AS postcode area
  • and 71.7% lower than the average price for Market Rasen as a whole

View sold house prices in LN8 3AS

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£64,812
Price Per sq ft (estimate)
£109
Bedroom Count (estimate)
1 bedroom

EPC Summary

1, Prospect House Prospect Place, Market Rasen, West Lindsey, Lincolnshire, LN8 3AS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Apr 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to LN8 3AS

25 th / 29
Price Rank
46% lower than average
20 th / 24
Size Rank
21% smaller than average
21 st / 24
Price Per Sq FT Rank
31% lower than average

Compared to other properties in LN8 3AS , this flat's estimated value ranks 25th out of 29. Based on price per square foot, it ranks 21th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 20th out of 24 properties in its postcode area.

Sale History

Today
£64,812
streetscan.co.uk estimate
+18 %
9 Mar 2007
£55,000
Leasehold
+120.4 %
14 Sep 2001
£24,950
Leasehold
+38.6 %
27 Oct 1995
£18,000
Leasehold

Area Insights

Similar Properties Sold Nearby

5, Prospect House Prospect Place, Market Rasen, LN8 3AS
rooms: 3
size: 657 sq ft
sale price: £37,600
sale date: 11 Nov 2003
3, Prospect House Prospect Place, Market Rasen, LN8 3AS
rooms: 3
size: 635 sq ft
sale price: £28,950
sale date: 2 May 2003

Data Sources

The property at 1, Prospect House Prospect Place, Market Rasen, LN8 3AS appears three times in the Land Registry records, with the latest transaction recorded on 9 Mar 2007. It also has a single Energy Performance Certificate (EPC) from 23 Apr 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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