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Property details for The Old School, Kirmond-Le-Mire, Market Rasen LN8 6HZ

Historic details available for this property Detached bungalow, Freehold, 4 Beds, 1 Bath, 0 Recep
Recently sold: £280,000 - Sold on: 24th Aug 2016

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £295,000
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  • Value change
    9,600 (3.4%) 13,050 (4.6%) 17,100 (6.2%) 31,800 (12.1%) 43,900 (17.5%) 61,050 (26.1%) 57,450 (24.2%)  
    from 
  • Rental value
    £1,000 pcm
  • Confidence level
    99.5
  • Value range
    £289,000 - £300,000
  • Rental range
    £900 - £1,100 pcm

Monthly running costs Beta

£1,004 Monthly total
Remortgage
Property value
Loan amount (60%) 177,000
Repayment term 25
Interest rate 0.5
Your payment £627 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £90,000 Average insurance cost £18/mo (£221/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £68 Electricity £52 Estimated energy cost £120/mo (£1,449/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 19300 kWh/year
Electricity: 4200 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

West Lindsey

Estimated tax band E Council tax cost £187 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £23 Sewerage £29 Estimated water cost £52 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Detached bungalow | Tenure: Freehold | Last sale: £280,000 | Sale date: 24th Aug 2016 - Previous sales
Property type: Detached bungalow | Tenure: Freehold | Previous sale: £190,000 | Sale date: 25th Jun 2014
Property type: Detached bungalow | Tenure: Freehold | Previous sale: £146,500 | Sale date: 12th May 2003

This 4 bed freehold detached bungalow is located at The Old School, Kirmond-Le-Mire, Market Rasen LN8 6HZ and has an estimated current value of £295,000. Unnamed road has 16 properties on it with a average current value of £233,721, compared to an an average property value of £210,201 for LN8. There have been 3 property sales on Unnamed road, LN8 over the last 5 years with an average house price paid of £271,666 and this detached bungalow was last sold on 24th Aug 2016 for £280,000. There are currently 144 properties to buy in LN8 with an average asking price of £231,085 and 23 houses and flats to rent in LN8 with an average asking rent of £169 pw.

Property history

Property history Kirmond-Le-Mire, Market Rasen, Lincolnshire LN8

Previously listed for sale on 13th May 2016 for £285,000

3 bed bungalow

Property history of The Old School, Kirmond-Le-Mire, Market Rasen LN8 6HZ

*the old school - beautiful character property - idyllic setting* This impeccable property briefly comprises, entrance hall, lounge-diner, fitted kitchen, family bathroom & 3 double bedrooms. Dressing room / 4th bedroom to first floor. Generous plot, ...

See details for The Old School, Kirmond-Le-Mire, Market Rasen LN8 6HZ when it was last marketed:

Owner info

Claimed TemptMe™
  • Property type: Detached bungalow
  • Property style: Period
  • Tenure: Freehold
  • Listed status: None
  • Year built Over 50+ yrs ago
  • Bedrooms: 4
  • Bathrooms: 1
  • Receptions: 0
  • Decorative condition: Newly refurbished
  • Central heating: Throughout
  • Parking: Single garage
  • Outside space: Private garden
  • Outside area: 2000 sq m

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Market activity
Average price paid £172,643 Sales 264 Current average value £210,201 (Zoopla Zed-Index) Value change £12,697 ▲ 6.43%

What is the current average value of properties in LN8?

The current average value in LN8 in December 2016 is £210,201. This has increased 3.29% from September 2016. Terraced properties sold for a current average value of £119,843 and semi-detached properties valued £149,134. In the past year property prices in LN8 have increased 6.43%. This is according to the current Zoopla estimates.

Property value data/graphs for LN8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £269,265 £186 3.6 £225,587
Semi-detached £149,134 £152 2.9 £134,027
Terraced £119,843 £133 2.5 £104,120
Flats £108,097 - 2.0 £90,056

Current asking prices in LN8

Average: £232,589
Avg. current asking prices in LN8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £62,500
(1)
£126,876
(30)
£185,417
(54)
£327,556
(32)
£440,183
(15)
Flats £69,950
(1)
£79,974
(2)
- - -
All £66,225
(2)
£123,945
(32)
£185,417
(54)
£327,556
(32)
£440,183
(15)

Current asking rents in LN8

Average: £528 pcm
Avg. current asking prices in LN8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £483 pcm
(6)
£617 pcm
(7)
- -
Flats - £417 pcm
(3)
- - -
All - £461 pcm
(9)
£617 pcm
(7)
- -

Fun facts for LN8

Highest value in LN8
Highest value streets Zed-Index
Owmby Road £485,271
Beck Hill £435,656
Sandy Lane £413,209
Walesby, Market Rasen LN8 £408,371
Springfields £388,448
Highest turnover in LN8
Highest turnover streets Turnover
Acre Close 70.0%
Church Mill Close 54.5%
Tudor Close 50.0%
Tiggers Orchard 45.5%
Barff Meadow 44.4%

What Zoopla users think of Kirmond-Le-Mire

Overall rating:

  • currently 3.5 stars
Good - 70%

Ratings breakdown:

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Local info for West Lindsey

About the neighbours in LN8

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