Spital Hill, Newmarket , Louth
CR

Spital Hill, Newmarket , Louth

By Crofts Estate Agents

£ 550,000

Reviews

3 out of 5 stars

Crofts Estate Agents says ..

Located in this fantastic private and elevated position overlooking the centre of Louth and beyond is this substantial FIVE bedroom detached property which includes within its accommodation a TWO STOREY ANNEXE. Standing in beautifully mature and landscaped gardens, the present owners have upgrade...

Property Oracle says ..

This five-bedroom detached property in Spital Hill, Newmarket, Louth, Lincolnshire presents a compelling opportunity for prospective buyers seeking a spacious family home in a desirable location. The property benefits from a substantial plot size, offering mature and well-landscaped gardens including a patio, a pond and several seating areas, providing ample outdoor space and privacy. The interior of the property appears well-maintained, showcasing modern renovations in key areas such as the kitchen and bathrooms, while the living areas are presented in an attractive and comfortable style. The inclusion of a two-story annexe adds additional potential for versatility or rental income. Although transport data is missing, the proximity to well-regarded schools, such as Louth Kidgate Primary Academy (which received an outstanding Ofsted rating), and King Edward VI Grammar School, enhances the property’s appeal. The absence of detailed price-per-square-foot data on comparable properties in the immediate vicinity makes a precise valuation challenging. However, several nearby streets show a wide range of average property prices which provides some context for the listing price of the property. The overall assessment suggests the property presents good value for money, considering its features, location, and desirable attributes.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
8
Bedrooms
5
Bathrooms
5
Sqft (est)
2,963.30

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
524,714.00 £
Increased by 15.54 %
from 454,148.00 £
Est sale value
1,828,356.10 £
Increased by 48.67 %
from 1,229,769.50 £
Average area rental value
1,989.00 £/mo
Increased by 4.74 %
from 1,899.00 £/mo
Est letting value
5,926.60 £/mo
Increased by 100.00 %
from 2,963.30 £/mo
Est rental Yield
4.55 %
Decreased by 9.36 %
from 5.02 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Crofts Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
King Edward Vi Grammar SchoolAcademy Converter0.39 KM
Louth Kidgate Primary AcademyAcademy ConverterOutstanding0.47 KM
Greenwich House SchoolOther Independent SchoolGood1.04 KM
St Michael'S Church Of England School, LouthVoluntary Controlled SchoolGood1.07 KM
Louth AcademyAcademy Sponsor Led1.20 KM

Images

Upstairs bedroom/ games room Annexe showe room Annexe bedroom Front Rear elevation Rear view Rear garden Inner hall Landscaped gardens Driveway Side garden Views Kitchen Utility room Dining kitchen Ground floor bathroom Front view Side view Decorative pond Sheds Patio area family room Lounge view Lounge Reception hall/ family room Ground floor shower room Ground floor bedroom 1 Ground floor bedroom 2 Annexe bedroom (can be used from main... Garden Pond Pergola Raised beds Garden alternative Spital Lodge Annex kitchen Annex bathroom Annex lounge

Nearby Streets

NameAverage PriceAverage SqftDistance
Pawnshop Passage £ 105,00000.00 KM
Butcher Lane £ 000.00 KM
Westgate £ 000.00 KM
Roman Way £ 745,00000.00 KM
Westgate Place £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spital Hill, Newmarket , Louth £ 550,000BUY7 / 100.00 KM
Upgate, Louth, LN11 £ 159,590BUY6 / 100.06 KM
98 Upgate Louth LN11 9JN £ 200,000BUY6 / 100.07 KM
Upgate, Louth LN11 9JN £ 240,000BUY7 / 100.08 KM
South Street, Louth £ 845,000BUY8 / 100.08 KM

Nearby Properties

AddressPriceDistance
6 South Street £ 225,0000.04 KM
4 South Street £ 195,0000.04 KM
11 South Street £ 70,0000.04 KM
15 South Street £ 29,5000.04 KM
3 South Street £ 115,0000.04 KM