I recently picked up a lee enfield mk1/2 from a local here who has had it for 10 years as well as 100 rounds of british .303 . I am looking to get more information on it since I unfortunately wont be keeping this one in my collection as I need to move it for another k98. I am a Mauser guy so Lee Enfields are out of my scope of knowledge (for now!, I have my Sten mk3 to pair with it and plan on getting another lee enfield someday.). Based on research this is a war time issue No.4 Mk1 that was FTR in 1949 and then it had the green rust prevention spray on it. I am not too sure from there so I took pictures of every stamped marking and markings on the stock. I do know its non import marked. 

If anyone could break down and identify all the markings on it as well as what the value of the rifle is id appreciate it! It was a super fun rifle to shoot and really accurate! 

The rifle was then FTR’d (Factory Thorough Repair) in 1949 at ROF (F) Fazakerley which consisted of the upgrade to the Mk 2 hung trigger and usually a new stock set and new barrel. This changed the rifle designation to No. 4 Mk I/2.  These conversions usually resulted in a mix of parts (new and used) from different manufacturers to reassemble the rifle. New Faz made five groove barrels were typically installed. 

The markings on the barrel at the muzzle were required as part of the sold out of service scheme (1954 Proof Laws). The rifle was proofed at the Birmingham proof house to fire a standard load of 18.5 Tons per square inch breech pressure.  2.222” is the max cartridge case length and the bore is .303 inch. 

Is there a stamped serial number on the bottom of the forend between the front band and sling swivel band?  Does the serial number on the back of the bolt handle match that of the rifle?

As to value, perhaps $700-$800, but you can search online to see what a No. 4 is selling for currently.  The No. 4 Mk I/2 and I/3 conversions are quite common in the US. 

I will take a look at the forend and see if their is a marking. 

They all fetch about the same.  Plenty of Mk I/2 and I/3 here in the US. The ones that fetch a premium are the Mk 2 rifles still in the wrap. And Mk I(T)s of course. 

As a shooter, I prefer the Mk I/2 or Mk I/3 over an original Mk I or Mk I* because the conversions generally have a better barrel and not a lot of use. 

Thanks!

Here in Canada, a complete matching No4 will fetch over a $1000. Pre covid/firearms ban(04/2020), they were $500-$700.

Prices are creeping up quickly here.

Honkytonk wrote: I have noticed lately No.4's are staying pretty steady at the $1000'ish price Shiloh mentioned. No.1's are around $1500.

Ya its hard to stay in the collecting hobby at todays prices. I`ve been on the look out for a nice 1939/40 or 41 BSA No3, when I find one the prices are insane.

^^This^^  Something that greatly affects value of any milsurp rifle is condition.  I always look for the absolute best in condition of the rifles I buy and am willing to pay a premium for same.  Conversely, if a rifle has had hard service and shows it, I discount its value.  I bought a well used BSA No.4 MkI to carry in reenactments knowing it was going to get knocked around for $350.  At the same time (about 4 years ago) I bought a Long Branch in very good to excellent condition for $850.  The OP's rifle looks like it has seen some hard service so where I live Enfield Trader's valuation is spot on.

I’ve got three of them, one had pretty bad pull thru cord wear. 

You say you got a bunch of .303 British & fired some of them.

You should IMMEDIATELY clean for corrosive ammunition!

Basically pour a bunch of scalding hot water down the bore then clean thoroughly as you normally would. Include the bolt, bolt face & magazine. Oil thoroughly right after cleaning.

That erosive Cordite & corrosive primer combination can eat a barrel faster than you can imagine & that will drop the resale value a whole lot.