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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
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127, West Parade, Lincoln is recorded publicly as a period leasehold house across 1,711 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 127, West Parade, Lincoln is £214,487 and its rental estimate is £897 per month, given the available information and assuming reasonable condition.
West Parade, Lincoln, LN1 falls within the LN1 postal district, in the borough of Lincoln.
127, West Parade, Lincoln has a single entry in the Land Registry from April 2012 and a single entry in the EPC database dated June 2012.
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.
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 127, West Parade, Lincoln, we estimate a market value of £225,211 and a rental value of £942 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,472 and £834 per month respectively.
Over the last year, 127, West Parade, Lincoln has seen its estimated sale value fall by £7,164 (3.3%) and its estimated rental value move up by £20 per month (2.2%). This results in an estimated gross rental yield of 5.0%.
127, West Parade, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 127, West Parade, Lincoln completed on 20th April 2012 at £120,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 89.6% over the period since April 2012.
Over the past 2 years 3 properties similar to 127, West Parade, Lincoln have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2024, was 28, Moor Street, Lincoln, LN1 1PR, a freehold house which sold for £205,000.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 249 addresses on West Parade, Lincoln, LN1, 127, West Parade, Lincoln comes out as the 50th largest and the 164th most expensive in our analysis of the public data.
It is also £27k less expensive than the average property across the LN1 district.
From 127, West Parade, Lincoln, the nearest station is Lincoln, 1.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 127, West Parade, Lincoln, 66.4% of property is privately rented and 15.7% is privately owned outright.
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 127, West Parade, Lincoln, 69.4% of residents are recorded as possessing school level qualifications and 23.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 127, West Parade, Lincoln, the average age was 28.8 and the most common age was 22.
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 127, West Parade, Lincoln, 0.7% 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 127, West Parade, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
