3 Prospect House Prospect Place

    3 PROSPECT HOUSE, PROSPECT PLACE, MARKET RASEN, MARKET RASEN, LN8 3AS

    This flat/maisonette leasehold property on Prospect Place last sold in May 2003 for £28,950. Based on price growth in the LN8 district since then, its estimated current value is £60,177 — placing it in the 0th percentile nationally and the 1st percentile within LN8. The property covers 59 m² (635 sq ft), giving an estimated value of £1,020 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £28,950

    May 2003

    Estimated Valuation

    £60,177

    Est. £/sq ft

    £95/sq ft

    £1,020/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateApr 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 May 2003

    £28,950

    Key Metrics

    Estimated valuation£60,177
    Value per sq ft / m²£95/sq ft (£1,020/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile1st percentile
    National percentile0th percentile

    District Context — LN8

    LN8 covers the coastal and rural areas around Alford and Spilsby in east Lincolnshire, situated inland from the North Sea coast. It is a predominantly rural postcode with a characterful, quieter appeal suited to those seeking a countryside setting away from urban centres.

    Average Property Price - LN8

    £264,976

    32

    National percentile

    Average Net Household Income - LN8

    £37,112

    45

    National percentile

    10-Year Annualised Price Growth - LN8

    4.0%

    68

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN8

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