5 Banks Street, Horncastle
By Robert Bell & Company
£ 125,000
Reviews
2 out of 5 stars
Robert Bell & Company says ..
5 Banks Street is a two-bedroom, mid-terraced property – located within the conservation area of the Georgian town of Horncastle. Providing south-facing Living Room; Dining Room and Kitchen to the ground floor, the property has bedrooms and the Bathroom to the first floor. The property is l...
Property Oracle says ..
The property is a two-bedroom terraced house located on Banks Street in Horncastle, Lincolnshire. The list price is £125,000. The property appears to be in need of significant renovation. The images show worn surfaces, outdated fixtures, and signs of damp or water damage in several rooms. The kitchen and bathroom are particularly dated and require complete modernisation. While the plot size is listed as 0.00 sqft, there is no garden visible in the provided images. The average house price in the area is considerably higher at £270,974, with an average price per sqft of £202. Considering the property’s condition and lack of land, the list price of £125,000 appears relatively reasonable, although it is significantly below the average for the area. However, the lower price is likely a reflection of the extensive renovation required. The location is in Horncastle, a town in Lincolnshire. Several schools are within a reasonable distance, including Horncastle Primary School, St Lawrence School, and The Banovallum School. The proximity to these schools is a positive aspect of the location.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 656.38
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
- 202,089.00 £Decreased by 20.35 %
- Est sale value
- 147,685.50 £Increased by 17.19 %
- Average area rental value
- 725.00 £/moDecreased by 2.03 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.31 %Increased by 23.14 %
- Crime Rate
- 70.00 %Unchanged by 0.00 %
Agent Activity
Robert Bell & Company created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Horncastle Primary School | Academy Converter | 0.55 KM | |
| St Lawrence School | Academy Special Converter | Good | 0.74 KM |
| The Banovallum School | Academy Converter | Good | 0.85 KM |
| Horncastle Children'S Centre | Children's Centre Linked Site | 0.85 KM | |
| Queen Elizabeth'S Grammar School, Horncastle | Academy Converter | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Linden Road | £ 325,000 | 0 | 0.00 KM |
| St. Lawrence Street | £ 160,000 | 0 | 0.00 KM |
| Water Mill Road | £ 0 | 0 | 0.00 KM |
| Banks Road | £ 0 | 0 | 0.00 KM |
| Southwell's Lane | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 5 Banks Street, Horncastle | £ 125,000 | BUY | 4 / 10 | 0.00 KM |
| 1 Banks Court, Horncastle | £ 169,950 | BUY | 7 / 10 | 0.05 KM |
| 16 Banks Street, Horncastle | £ 220,000 | BUY | 6 / 10 | 0.05 KM |
| 21 North Street, Horncastle | £ 70,000 | BUY | 5 / 10 | 0.09 KM |
| 3 South Street, Horncastle, Lincolnshire, LN9 6DR | £ 150,000 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 28 Banks Street | £ 85,000 | 0.07 KM |
| 12 Banks Street | £ 107,000 | 0.07 KM |
| 5 Banks Street | £ 66,500 | 0.07 KM |
| 24 Banks Street | £ 87,000 | 0.07 KM |
| 14 Banks Street | £ 86,000 | 0.07 KM |