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According to the public record, 2, Oval Approach, Lincoln is a mid-century house with 505 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oval Approach, Lincoln is £115,506 and the estimated rental value is £701 per month.
Oval Approach, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
2, Oval Approach, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated July 2020.
We combine this information with public data 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, Oval Approach, Lincoln is in very good condition we estimate a sale value of £121,281 and a rental value of £736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,421 and a rental value of £652 per month.
Over the last 12 months the sale value of 2 Oval Approach Lincoln has decreased by an estimated £2,097 (1.8%) and its rental value has increased by an estimated £24 per month (3.5%), giving an expected gross yield of 7.3%.
2, Oval Approach, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2020.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Oval Approach, Lincoln within a radius of 520 metres over the last 2 years.
The most recent example is 98, Addison Drive, Lincoln, LN2 4LY, a freehold house which sold for £104,950 on the 8th April 2008.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oval Approach, Lincoln, LN2 has a total of 18 addresses. According to our analysis of all the public data, 2, Oval Approach, Lincoln is the 5th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in LN2.
The closest station to 2, Oval Approach, Lincoln is Lincoln station which is 2.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Oval Approach, Lincoln, 68.0% of property is socially rented and 14.3% 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, Oval Approach, Lincoln, 26.7% of residents are recorded as possessing school level qualifications and 15.4% 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, Oval Approach, Lincoln, the average age was 34.1 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, Oval Approach, 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, Oval Approach, 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.