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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, Greestone Terrace, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,281 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Greestone Terrace, Lincoln is £381,179 and the estimated rental value is £1,539 per month.
Greestone Terrace, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
2, Greestone Terrace, Lincoln has 31 entries in the Land Registry , most recently in November 2022 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 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, Greestone Terrace, Lincoln is in very good condition we estimate a sale value of £400,238 and a rental value of £1,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,496 and a rental value of £1,431 per month.
Over the last 12 months the sale value of 2 Greestone Terrace Lincoln has decreased by an estimated £11,260 (3.0%) and its rental value has increased by an estimated £34 per month (2.2%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 2, Greestone Terrace, Lincoln was last sold on 11th November 2022 for £625,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2022, the market for similar properties has dropped 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Greestone Terrace, Lincoln within a radius of 500 metres over the last 2 years.
The most recent example is 29, Langworthgate, Lincoln, LN2 4AD, a freehold house which sold for £395,000 on the 1st February 2021.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greestone Terrace, Lincoln, LN2 has a total of 3 addresses. According to our analysis of all the public data, 2, Greestone Terrace, Lincoln is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in LN2.
The closest station to 2, Greestone Terrace, Lincoln is Lincoln station which is 800 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, Greestone Terrace, Lincoln, 66.0% 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 2, Greestone Terrace, Lincoln, 40.0% of residents are recorded as possessing school level qualifications and 46.3% 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, Greestone Terrace, Lincoln, the average age was 39.2 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, Greestone Terrace, Lincoln, 1.2% 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, Greestone Terrace, Lincoln, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
