1, Welton Gardens
1, Welton Gardens
Description & Estimates
1, Welton Gardens, Lincoln is recorded publicly as an early-century freehold house across 699 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Welton Gardens, Lincoln is £147,158 and its rental estimate is £819 per month, given the available information and assuming reasonable condition.
Welton Gardens, Lincoln, LN2 falls within the LN2 postal district, in the borough of Lincoln.
Our Data Sources
1, Welton Gardens, Lincoln has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Welton Gardens, Lincoln, we estimate a market value of £154,516 and a rental value of £860 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £136,857 and £762 per month respectively.
Recent Market Change
Over the last year, 1, Welton Gardens, Lincoln has seen its estimated sale value decline by £2,132 (1.4%) and its estimated rental value climb by £28 per month (3.4%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
1, Welton Gardens, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 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
The most recent sale of 1, Welton Gardens, Lincoln completed on 1st April 2021 at £136,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 61.7% over the period since April 2021.
- Sold Apr 2021£136,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Welton Gardens, Lincoln have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2023, was 5, Welton Gardens, Lincoln, LN2 2AY, a freehold house which sold for £140,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 93 addresses on Welton Gardens, Lincoln, LN2, 1, Welton Gardens, Lincoln comes out as the 53rd largest and the 23rd most expensive in our analysis of the public data.
It is also £98k less expensive than the average property across the LN2 district.
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Schools Nearby
- 500mErmine Primary Academy
- 800mOur Lady of Lincoln Catholic Primary School A Voluntary Academy
- 1.5kmSt Giles Academy
- 900mLincoln Castle Academy
- 1.7kmLincoln Christ's Hospital School
- 2.4kmLincoln UTC
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Public Transport Nearby
From 1, Welton Gardens, Lincoln, the nearest station is Lincoln, 3.1 kilometres away.
- 3.1kmLincoln
- 7.8kmHykeham
- 8.9kmSaxilby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
