1, East Mill Gate
1, East Mill Gate
Description & Estimates
Public records show 1, East Mill Gate, Lincoln to be a modern freehold house with 1,001 ft2 of internal area, sitting on a 661 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, East Mill Gate, Lincoln has an estimated sale value of £302,928 and an estimated rental value of £1,050 per month, assuming reasonable condition and based on the information available.
East Mill Gate, Cherry Willingham, Lincoln, LN3 lies in the borough of West Lindsey, within the LN3 postal district.
Our Data Sources
1, East Mill Gate, Lincoln has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, East Mill Gate, Lincoln would be worth £318,074, with a potential rental value of £1,103 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £281,723, with a rental value of £977 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, East Mill Gate, Lincoln has decreased by £5,751 (1.9%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (3.5%). The property's estimated gross yield is currently 4.2%.
Plot Size
1, East Mill Gate, Lincoln occupies a 661 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
1, East Mill Gate, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, East Mill Gate, Lincoln last changed hands on 21st January 2022, selling for £290,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.5% since January 2022.
- Sold Jan 2022£290,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.4 kilometres of 1, East Mill Gate, Lincoln across the last 2 years.
Most recently, 21, Lady Meers Road, Lincoln, LN3 4BW, a freehold house, sold at £290,000 on the 23rd August 2024.
Read more about house prices in LN3.
- Sold Aug 2024£290,000 | 3 Bed House21, Lady Meers Road, Lincoln, LN3 4BW21, Lady Meers Road, Lincoln, LN3 4BW
- Sold Dec 2023£379,950 | 3 Bed House23, Thornton Way, Lincoln, LN3 4BT23, Thornton Way, Lincoln, LN3 4BT
- Sold Dec 2022£295,000 | 3 Bed House19, Lady Meers Road, Lincoln, LN3 4BW19, Lady Meers Road, Lincoln, LN3 4BW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, East Mill Gate, Lincoln as the 3rd largest and the 2nd most expensive of the 4 addresses on East Mill Gate, Cherry Willingham, Lincoln, LN3.
Against the LN3 postcode district average, it is £51k more expensive than the typical property.
More reading links
Schools Nearby
- 700mCherry Willingham Primary Academy
- 1.2kmReepham Church of England Primary School
- 1.9kmFiskerton Church of England Primary School
- 700mThe Priory Pembroke Academy
- 4.5kmLincoln Christ's Hospital School
- 4.7kmBranston Community Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 1, East Mill Gate, Lincoln at 6.0 kilometres away.
- 6.0kmLincoln
- 10.9kmHykeham
- 12.1kmMetheringham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
