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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, 2, Eastern Terrace, Lincoln is a period freehold house with 818 ft2 of internal area and sits on a 73.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Eastern Terrace, Lincoln is £97,574 and the estimated rental value is £563 per month.
Eastern Terrace, Lincoln, LN5 is located in the borough of Lincoln within the LN5 postal district.
2, Eastern Terrace, Lincoln has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated January 2023.
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.
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 2, Eastern Terrace, Lincoln is in very good condition we estimate a sale value of £102,453 and a rental value of £591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,744 and a rental value of £524 per month.
Over the last 12 months the sale value of 2 Eastern Terrace Lincoln has decreased by an estimated £2,337 (2.4%) and its rental value has increased by an estimated £16 per month (2.8%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 2, Eastern Terrace, Lincoln sits on a plot of 74m2.
We have plot size data on 4 out of 5 other houses in the postcode and 2, Eastern Terrace, Lincoln sits on the 4th largest plot.
2, Eastern Terrace, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Eastern Terrace, Lincoln was last sold on 4th October 2022 for £97,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2022, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Eastern Terrace, Lincoln within a radius of 420 metres over the last 2 years.
The most recent example is 62, Dixon Street, Lincoln, LN5 8AG, a freehold house which sold for £96,000 on the 11th October 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Terrace, Lincoln, LN5 has a total of 5 addresses. According to our analysis of all the public data, 2, Eastern Terrace, Lincoln is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in LN5.
The closest station to 2, Eastern Terrace, Lincoln is Lincoln station which is 900 metres away.
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 2, Eastern Terrace, Lincoln, 62.6% of property is privately rented and 19.4% 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 2, Eastern Terrace, Lincoln, 44.3% of residents are recorded as possessing school level qualifications and 27.5% 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, Eastern Terrace, Lincoln, the average age was 35.3 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 2, Eastern Terrace, Lincoln, 0.5% 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, Eastern Terrace, 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.
