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According to the public record, 3, Frome Close, Lincoln is a modern freehold house with 3,767 ft2 of internal area and sits on a 505 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Frome Close, Lincoln is £682,730 and the estimated rental value is £2,518 per month.
Frome Close, Lincoln, LN6 is located in the borough of Lincoln within the LN6 postal district.
3, Frome Close, Lincoln has 61 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Frome Close, Lincoln is in very good condition we estimate a sale value of £716,867 and a rental value of £2,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £634,939 and a rental value of £2,341 per month.
Over the last 12 months the sale value of 3 Frome Close Lincoln has decreased by an estimated £19,767 (2.9%) and its rental value has increased by an estimated £37 per month (1.5%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 3, Frome Close, Lincoln sits on a plot of 505m2.
We have plot size data on 15 out of 15 other houses in the postcode and 3, Frome Close, Lincoln sits on the 8th largest plot.
3, Frome Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2023.
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, Frome Close, Lincoln was last sold on 5th July 2024 for £365,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since July 2024, the market for similar properties has dropped 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 990 metres radius of 3, Frome Close, Lincoln over the last 2 years.
The most recent example is 5, Frome Close, Lincoln, LN6 3DA, a freehold house which sold for £380,000 on the 8th November 2019.
Read more about house prices in LN6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frome Close, Lincoln, LN6 has a total of 15 addresses. According to our analysis of all the public data, 3, Frome Close, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £451k more expensive than the average property in LN6.
The closest station to 3, Frome Close, Lincoln is Hykeham station which is 1.0 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, Frome Close, Lincoln, 65.6% 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 3, Frome Close, Lincoln, 10.4% of residents are recorded as possessing school level qualifications and 31.6% 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, Frome Close, 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 3, Frome Close, 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 3, Frome Close, Lincoln, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.