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1 Old Vicarage, Gibraltar Hill, Lincoln is recorded publicly as a period leasehold apartment across 1,108 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1 Old Vicarage, Gibraltar Hill, Lincoln is £241,511 and its rental estimate is £1,083 per month, given the available information and assuming reasonable condition.
Gibraltar Hill, Lincoln, LN1 falls within the LN1 postal district, in the borough of Lincoln.
1 Old Vicarage, Gibraltar Hill, Lincoln has 41 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated August 2020.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Old Vicarage, Gibraltar Hill, Lincoln, we estimate a market value of £253,586 and a rental value of £1,137 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,605 and £1,007 per month respectively.
Over the last year, 1 Old Vicarage, Gibraltar Hill, Lincoln has seen its estimated sale value decrease by £2,305 (1.0%) and its estimated rental value grow by £51 per month (4.7%). This results in an estimated gross rental yield of 5.4%.
1 Old Vicarage, Gibraltar Hill, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1 Old Vicarage, Gibraltar Hill, Lincoln completed on 24th October 2014 at £182,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 44.4% over the period since October 2014.
Over the past 2 years 3 properties similar to 1 Old Vicarage, Gibraltar Hill, Lincoln have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th October 2020, was Apartment 9, Bailgate Court, Wordsworth Street, Lincoln, LN1 3BS, a leasehold flat which sold for £485,000.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on Gibraltar Hill, Lincoln, LN1, 1 Old Vicarage, Gibraltar Hill, Lincoln comes out as the 4th largest and the 6th most expensive in our analysis of the public data.
It is also £368 less expensive than the average property across the LN1 district.
From 1 Old Vicarage, Gibraltar Hill, Lincoln, the nearest station is Lincoln, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Old Vicarage, Gibraltar Hill, Lincoln, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Old Vicarage, Gibraltar Hill, Lincoln, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Old Vicarage, Gibraltar Hill, Lincoln, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Old Vicarage, Gibraltar Hill, Lincoln, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.