Masons Sales says ..
A delightful Period cottage positioned in a popular residential area of Louth market town. The property is close to the town centre with all its shops and amenities and is situated in an elevated spot overlooking the rooftops of Louth. The property briefly comprises lounge, kitchen diner, with ...
Property Oracle says ..
The property is a 2 bedroom terraced house located in Newmarket, Louth, Lincolnshire. It is listed at £125,000 and has a floor area of 538.20 sqft. The property benefits from being close to several primary and secondary schools, with Louth Kidgate Primary Academy, rated \‘Outstanding\’ by Ofsted, being only 0.22km away.
The property appears to be in good condition, with a modern kitchen and bathroom. The images show a clean and well-maintained interior. While there is a small rear yard, the plot size is minimal.
Compared to other properties in the area, the list price of £125,000 seems reasonable. The average price for properties in the area is £210,676, and the average price per sqft is £214. However, nearby properties on Newmarket have sold for significantly less, ranging from £30,000 to £95,000. This suggests that the list price may be at the higher end of the market for this street, but still within a reasonable range given the apparent condition of the property. The lack of plot size is a factor that would likely influence a lower price.
The property includes a small yard and a shed.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 538.20
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
- 197,200.00 £Decreased by 6.39 %
- Est sale value
- 120,018.60 £Decreased by 6.69 %
- Average area rental value
- 547.00 £/moDecreased by 9.88 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.33 %Decreased by 3.76 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Masons Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Louth Kidgate Primary Academy | Academy Converter | Outstanding | 0.22 KM |
| King Edward Vi Grammar School | Academy Converter | 0.63 KM | |
| St Michael'S Church Of England School, Louth | Voluntary Controlled School | Good | 0.81 KM |
| Greenwich House School | Other Independent School | Good | 0.90 KM |
| Louth Academy | Academy Sponsor Led | 0.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pawnshop Passage | £ 105,000 | 0 | 0.00 KM |
| Butcher Lane | £ 0 | 0 | 0.00 KM |
| Westgate | £ 0 | 0 | 0.00 KM |
| Tennyson Road | £ 172,000 | 0 | 0.00 KM |
| Orme Lane | £ 256,424 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Newmarket, Louth LN11 9HH | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| Newmarket, Louth, LN11 | £ 120,000 | BUY | 5 / 10 | 0.02 KM |
| Lee Street, Louth, LN11 | £ 145,000 | BUY | 6 / 10 | 0.05 KM |
| LEE STREET, LOUTH | £ 180,000 | BUY | 7 / 10 | 0.06 KM |
| 30 Lee Street Louth LN11 9HJ | £ 200,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Newmarket | £ 95,000 | 0.01 KM |
| 13 Newmarket | £ 66,000 | 0.01 KM |
| 9 Newmarket | £ 81,000 | 0.01 KM |
| 7 Newmarket | £ 30,000 | 0.01 KM |
| 5 Newmarket | £ 89,000 | 0.01 KM |