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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, 3, Ely Street, Lincoln is a period freehold house with 1,345 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Ely Street, Lincoln is £214,487 and the estimated rental value is £1,062 per month.
Ely Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
3, Ely Street, Lincoln has 21 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated November 2019.
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 3, Ely Street, Lincoln is in very good condition we estimate a sale value of £225,211 and a rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,473 and a rental value of £988 per month.
Over the last 12 months the sale value of 3 Ely Street Lincoln has decreased by an estimated £5,551 (2.6%) and its rental value has increased by an estimated £30 per month (2.8%), giving an expected gross yield of 5.9%.
3, Ely Street, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2019.
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, 3, Ely Street, Lincoln was last sold on 1st July 2014 for £205,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2014, the market for similar properties has risen 69.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ely Street, Lincoln within a radius of 500 metres over the last 2 years.
The most recent example is 12, Ely Street, Lincoln, LN1 1LT, a freehold house which sold for £150,000 on the 8th June 2023.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ely Street, Lincoln, LN1 has a total of 17 addresses. According to our analysis of all the public data, 3, Ely Street, Lincoln is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in LN1.
The closest station to 3, Ely Street, Lincoln is Lincoln station which is 1.4 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 3, Ely Street, Lincoln, 39.5% of property is privately rented and 31.1% 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 3, Ely Street, Lincoln, 40.1% of residents are recorded as possessing school level qualifications and 49.1% 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, Ely Street, 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 3, Ely Street, Lincoln, 0.9% 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, Ely Street, 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.
