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According to the public record, 23, Melbourne Road, Lincoln is a modern freehold house with 850 ft2 of internal area and sits on a 265 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 23, Melbourne Road, Lincoln is £232,205 and the estimated rental value is £1,051 per month.
Melbourne Road, Lincoln, LN6 is located in the borough of Lincoln within the LN6 postal district.
23, Melbourne Road, Lincoln has 31 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated June 2009.
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.
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 23, Melbourne Road, Lincoln is in very good condition we estimate a sale value of £243,816 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,951 and a rental value of £978 per month.
Over the last 12 months the sale value of 23 Melbourne Road Lincoln has decreased by an estimated £2,993 (1.3%) and its rental value has increased by an estimated £31 per month (3.0%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 23, Melbourne Road, Lincoln sits on a plot of 265m2.
We have plot size data on 39 out of 39 other houses in the postcode and 23, Melbourne Road, Lincoln sits on the 21st largest plot.
23, Melbourne Road, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2009.
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, 23, Melbourne Road, Lincoln was last sold on 17th April 2014 for £129,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2014, the market for similar properties has risen 81.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Melbourne Road, Lincoln within a radius of 550 metres over the last 2 years.
The most recent example is 30, Melbourne Road, Lincoln, LN6 3QF, a freehold house which sold for £248,000 on the 1st November 2024.
Read more about house prices in LN6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Lincoln, LN6 has a total of 39 addresses. According to our analysis of all the public data, 23, Melbourne Road, Lincoln is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £578 more expensive than the average property in LN6.
The closest station to 23, Melbourne Road, Lincoln is Hykeham station which is 2.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 23, Melbourne Road, Lincoln, 42.4% of property is privately owned outright and 27.1% 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 23, Melbourne Road, Lincoln, 12.4% of residents are recorded as possessing school level qualifications and 24.0% 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 23, Melbourne Road, Lincoln, the average age was 44.7 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 23, Melbourne Road, 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 23, Melbourne Road, 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.