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According to the public record, 3, Cromwell Street, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 430 ft2 of internal area and sits on a 98.1 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Cromwell Street, Lincoln is £91,899 and the estimated rental value is £507 per month.
Cromwell Street, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
3, Cromwell Street, Lincoln has 21 entries in the Land Registry , most recently in August 2013 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 5 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 3, Cromwell Street, Lincoln is in very good condition we estimate a sale value of £96,494 and a rental value of £532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,466 and a rental value of £471 per month.
Over the last 12 months the sale value of 3 Cromwell Street Lincoln has decreased by an estimated £540 (0.6%) and its rental value has increased by an estimated £20 per month (4.0%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 3, Cromwell Street, Lincoln sits on a plot of 98m2.
We have plot size data on 45 out of 61 other houses in the postcode and 3, Cromwell Street, Lincoln sits on the 7th largest plot.
According to HM Land Registry, 3, Cromwell Street, Lincoln was last sold on 29th August 2013 for £50,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2013, the market for similar properties has risen 139.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cromwell Street, Lincoln within a radius of 420 metres over the last 2 years.
The most recent example is 22, Oakfield Street, Lincoln, LN2 5LU, a freehold house which sold for £115,000 on the 26th February 2020.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromwell Street, Lincoln, LN2 has a total of 65 addresses. According to our analysis of all the public data, 3, Cromwell Street, Lincoln is the 65th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in LN2.
The closest station to 3, Cromwell Street, Lincoln is Lincoln station which is 1.1 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 3, Cromwell Street, Lincoln, 63.2% of property is privately rented and 17.3% 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 3, Cromwell Street, Lincoln, 24.3% of residents are recorded as possessing school level qualifications and 29.8% 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 3, Cromwell Street, 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 3, Cromwell Street, 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 3, Cromwell Street, 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.