24 High Street, Bassingham is a 4 bedroom detached house spread over 1,991 square feet, making it one of the largest properties here - it is ranked as the 8th most expensive property* in LN5 9EY, with a valuation of £453,000.
Since it last sold in February 2001 for £125,000, its value has increased by £328,000.
We expect this property to need a little bit of work (or is slightly less desirable for some other reason) based on its price per square foot.
Get an updated valuation by simply telling us about any renovations made.
This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.
However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.
At a valuation of £453k this property has a cost per square foot of £227 - this is slightly less than the average for the area (which is currently £248).
If we valued this property using the average cost per square foot (CPSF):
The most paid for a property in High Street, LN5 9EY was £560,000 in 2021.
| Date | Price | Change |
|---|---|---|
| Today's value* | £453,000 | 262.4% |
| 09 Feb 2001 | £125,000 | - |
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £433k and £473k.
This property only has one recorded sale so it doesn't have a historic investment return or rating yet.
Most likely sale price: £453k
The most likely sale price is £453,000 but at the lower end we think it should fetch a minimum of £433,000.
This property has increased in price by £328,000 since it last sold in 2001 - this equates to a 5.7% rise each year.
On a cost per square foot basis, this property is valued at 8% less than the other houses in this postcode.
This property is currently valued at £227 per square foot - the average cost per square foot for this postcode is £248.
A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £521,000.
| Property | Valuation | ||
|---|---|---|---|
|
52 High Street, Bassingham
614 sq.ft. |
£178,000 | ||
|
49 High Street, Bassingham
840 sq.ft. |
£261,000 | ||
 |
66 High Street, Bassingham
3 bed | 1195 sq. ft. |
£268,000 | |
|
35 High Street, Bassingham
1076 sq.ft. |
£349,000 | ||
|
The Grange, 30 - 32, High Street
|
£589,000 |
Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.
The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.
In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.
If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.
A number of things can make a property more desirable and sell for more money per square foot than others in the area.
Some of the things that can cause a property to be worth more per square foot include:
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
* Excluding properties that we've been unable to calculate a valuation for.
** Excludes property transactions that occurred before 1995.
Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.
Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.
The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.
