Area Guide For Louth

Louth is a market town and civil parish within the East Lindsey district of Lincolnshire, England. Known as the "capital of the Lincolnshire Wolds", it is situated where the ancient trackway Barton Street crosses the River Lud, and has a total resident population of 15,930. The Greenwich Meridian crosses Eastgate and this point is marked with a plaque on the north side of the street, just east of the junction with Northgate. The three-mile (5 km) £6.6m A16 Louth Bypass opened in August 1991. The former route is the B1520. Historically, the town is most noted as the origin of the Lincolnshire Rising, the forerunner of Pilgrimage of Grace, on 1 October 1536, starting in St. James Church, Louth. A flood occurred in the town on 29 May 1920, causing 23 deaths. Several stone plaques in the town show the high water level reached. Other, less devastating floods occurred on 25 June and 20 July in 2007. Margaret Wintringham succeeded her dead husband at the Louth by-election in September 1921, to become the Liberals' first female MP, and Britain's third female MP. Much of the town centre is lined with brick buildings from the 17th and 18th centuries and the town's skyline is


Louth Map

Estimated Price: £187,805
Average Asking Price: £239,685
Price change in last one year: £9,217
Average Price Paid: £153,692
Average Rent Rates: £593


Property Prices Breakdown in Louth

Average Price for property in Louth is around £187,805 which varies based on type of property you are interested in and ranges from £244,146 for detached house to around £147,506 for semi-detached. Similarly terraced house is around £130,204 and a flat is worth £94,467. Values have been changing and have risen £1,114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £841 in last 6 months, £9,217 in last 1 year, £27,672 in last 2 years, £18,490 in last 3 years, £22,015 in last 4 years and £19,762 in last 5 years.

Currently average asking price of a property in Louth is around £239,685 based on approximately 408 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £593 per month.

Estimated property value in Louth is £187,805. Average asking price is £239,685 while average price paid is £161,508 which is up by £9,217 and Avg. asking rent £593.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Louth area. In last 1 year alone average price buyer paid is around £161,508 based on approximately 408 sales in Louth area alone. If you compare it to last 3 years sales of 1,126 properties where buyers paid around £155,493. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £153,692 for 1,766 and average amount paid for purchase of approx. 2,393 properties sold in last 7 years comes to about £154,372 per sale.


Properties For Sale in Louth


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £128,076, £219,283 for a 3 bedroom house, £292,794 for a 4 bedroom house and £357,927 for a 5 bedroom house. For a flat similarly the prices varies from £61,633 for a single bedroom to £82,148 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £64,950. To sum up the asking prices for properties in Louth it comes to around average £61,633 for 1 bedroom property, £125,374 for 2 bedroom, £217,279 for 3 bedroom, £292,794 for 4 bedroom and £357,927 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £494 for 2 bedroom to £845 for 3 bedroom and £776 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £345. You should be generally be expecting around average £345 rent per month for single bedroom property, £494 for 2 bedroom, £845 for 3 bedroom and approximately £776 for 4 bedroom property in Louth area.

Popular Houses in Louth

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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