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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 10, Michaelgate, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,306 ft2 of internal area and sits on a 172 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Michaelgate, Lincoln is £618,911 and the estimated rental value is £1,900 per month.
Michaelgate, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
10, Michaelgate, Lincoln has 41 entries in the Land Registry , most recently in April 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Michaelgate, Lincoln is in very good condition we estimate a sale value of £649,856 and a rental value of £1,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £575,587 and a rental value of £1,767 per month.
Over the last 12 months the sale value of 10 Michaelgate Lincoln has decreased by an estimated £16,017 (2.6%) and its rental value has increased by an estimated £53 per month (2.8%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 10, Michaelgate, Lincoln sits on a plot of 172m2.
We have plot size data on 8 out of 11 other houses in the postcode and 10, Michaelgate, Lincoln sits on the 3rd largest plot.
According to HM Land Registry, 10, Michaelgate, Lincoln was last sold on 12th April 2019 for £390,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since April 2019, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Michaelgate, Lincoln within a radius of 490 metres over the last 2 years.
The most recent example is St. Michaels Lodge, Christs Hospital Terrace, Lincoln, LN2 1LY, a freehold house which sold for £400,000 on the 9th August 2022.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Michaelgate, Lincoln, LN1 has a total of 11 addresses. According to our analysis of all the public data, 10, Michaelgate, Lincoln is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £377k more expensive than the average property in LN1.
The closest station to 10, Michaelgate, Lincoln is Lincoln station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 10, Michaelgate, 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 10, Michaelgate, 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 10, Michaelgate, 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 10, Michaelgate, 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.
