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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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2, Baker Street, Lincoln is recorded publicly as a modern freehold house across 871 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Baker Street, Lincoln is £198,826 and its rental estimate is £929 per month, given the available information and assuming reasonable condition.
Baker Street, Billinghay, Lincoln, LN4 falls within the LN4 postal district, in the borough of North Kesteven.
2, Baker Street, Lincoln has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated October 2023.
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 2, Baker Street, Lincoln, we estimate a market value of £208,767 and a rental value of £975 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,908 and £864 per month respectively.
Over the last year, 2, Baker Street, Lincoln has seen its estimated sale value decline by £4,652 (2.3%) and its estimated rental value climb by £31 per month (3.4%). This results in an estimated gross rental yield of 5.6%.
2, Baker Street, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
The most recent sale of 2, Baker Street, Lincoln completed on 5th January 2024 at £185,500 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 11.5% over the period since January 2024.
Over the past 2 years 3 properties similar to 2, Baker Street, Lincoln have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2024, was 4, Baker Street, Lincoln, LN4 4FL, a freehold house which sold for £175,000.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 29 addresses on Baker Street, Billinghay, Lincoln, LN4, 2, Baker Street, Lincoln comes out as the 15th largest and the 20th most expensive in our analysis of the public data.
It is also £53k less expensive than the average property across the LN4 district.
From 2, Baker Street, Lincoln, the nearest station is Ruskington, 7.2 kilometres away.
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 2, Baker Street, Lincoln, 77.1% of property is socially rented and 8.0% is privately owned with a mortgage.
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 2, Baker Street, Lincoln, 13.2% of residents are recorded as possessing school level qualifications and 9.7% 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 2, Baker Street, Lincoln, the average age was 45 and the most common age was 57.
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 2, Baker Street, 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 2, Baker Street, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
