Meadow Close, Grimoldby, Louth
CH

Meadow Close, Grimoldby, Louth

By Choice Properties

£ 245,000

Reviews

3 out of 5 stars

Choice Properties says ..

Choice Properties are delighted to bring to market this charming three bedroom (one ensuite) bungalow situated on Meadow Close in the sought after village of Grimoldby which is located just a short drive from the thriving market town of Louth. The property features generously sized rooms througho...

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom house with a total area of 1,073.26 sqft. It is situated in the village of Grimoldby, Lincolnshire, which is approximately 5 miles from the market town of Louth. The property benefits from a relatively small garden. The property’s condition appears to be good, based on the provided images. The interior shows a recently updated kitchen and generally well-maintained rooms. There is no immediately apparent evidence of significant repair or renovation needs. Grimoldby is a village, and as such, the location score is moderate. While it benefits from being close to a primary school (Grimoldby Primary School, rated ‘Good’ by Ofsted), access to other amenities and transport links may be limited compared to a larger town or city. Considering the list price of £245,000, the average price in the area (£304,324), and the average price per sqft (£282), the property seems reasonably priced. However, the lack of plot size information and the absence of detailed comparable sales data for similar properties in the immediate vicinity makes it difficult to definitively assess the value. The provided nearby listings have varying prices and lack sqft data, hindering a precise comparison. The average price per sqft in the area is £282.00 which is higher than the price per sqft of this property. This suggests that the property may be slightly underpriced, but more information is needed to confirm this.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
6
Land
4
Bedrooms
3
Bathrooms
2
Sqft (est)
1,073.26

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
282,222.00 £
Decreased by 4.78 %
from 296,398.00 £
Est sale value
294,073.24 £
Increased by 0.74 %
from 291,926.72 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
1,073.26 £/mo
Unchanged by 0.00 %
from 1,073.26 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Choice Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Grimoldby Primary SchoolFoundation SchoolGood0.36 KM
North Cockerington Church Of England Primary SchoolVoluntary Controlled SchoolGood4.62 KM
East Wold Church Of England Primary SchoolVoluntary Controlled SchoolGood5.04 KM
The St Margaret'S Church Of England School, WithernVoluntary Controlled SchoolGood8.38 KM
Grainthorpe Junior SchoolCommunity SchoolGood8.51 KM

Images

Kitchen Hallway Hallway Hallway Kitchen Kitchen Kitchen Kitchen Conservatory Living Room Living Room Living Room Bedroom 1 Bedroom 1 Ensuite Bedroom 2 Bedroom 2 Bedroom 3 Bedroom 3 Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Meadow Close £ 229,95000.00 KM
Spinney Close £ 000.00 KM
Valiant Road £ 000.00 KM
Carlton Road £ 450,00000.00 KM
Hungry Hill Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meadow Close, Grimoldby, Louth £ 245,000BUY6 / 100.00 KM
Meadow Close, Grimoldby, LN11 £ 229,950BUYUnknown0.06 KM
MEADOW CLOSE, GRIMOLDBY £ 265,000BUY6 / 100.07 KM
Priory Lane, Grimoldby £ 325,000BUYUnknown0.15 KM
Priory Lane, Grimoldby £ 295,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
3 Church Walk £ 245,0000.03 KM
10 Meadow Close £ 262,5000.05 KM
12 Meadow Close £ 245,0000.05 KM
2 Meadow Close £ 144,0000.05 KM
3 Meadow Close £ 137,0000.05 KM