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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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According to the public record, Flat 2, The Parade, Lincoln is a mid-century apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Parade, Lincoln is £130,647 and the estimated rental value is £652 per month.
The Parade, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
Flat 2, The Parade, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
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 Flat 2, The Parade, Lincoln is in very good condition we estimate a sale value of £137,179 and a rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,502 and a rental value of £607 per month.
Over the past 12 months, the estimated sale value of Flat 2, The Parade, Lincoln has decreased by £841 (0.6%), while its estimated rental value has grown by £33 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Flat 2, The Parade, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Parade, Lincoln within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 3 Greenaway House, Greenaway Court, Lincoln, LN3 4JA, a leasehold flat which sold for £125,000 on the 31st January 2022.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, Cherry Willingham, Lincoln, LN3 has a total of 7 addresses. According to our analysis of all the public data, Flat 2, The Parade, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in LN3.
The closest station to Flat 2, The Parade, Lincoln is Lincoln station, which is 5.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Flat 2, The Parade, Lincoln, 37.3% of property is privately owned outright and 34.8% 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 Flat 2, The Parade, Lincoln, 20.7% of residents are recorded as possessing school level qualifications and 26.5% 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 Flat 2, The Parade, Lincoln, the average age was 45.5 and the most common age was 72.
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 Flat 2, The Parade, Lincoln, 0.4% 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 Flat 2, The Parade, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
