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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 39, Hammond Road, Lincoln is £225,081 and the estimated rental value is £1,000 per month.
Hammond Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
39, Hammond Road, Lincoln has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated May 2023.
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 39, Hammond Road, Lincoln is in very good condition we estimate a sale value of £236,335 and a rental value of £1,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,325 and a rental value of £930 per month.
Over the last 12 months the sale value of 39 Hammond Road Lincoln has decreased by an estimated £3,262 (1.4%) and its rental value has increased by an estimated £34 per month (3.4%), giving an expected gross yield of 5.3%.
39, Hammond Road, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 39, Hammond Road, Lincoln was last sold on 28th July 2023 for £167,960 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Hammond Road, Lincoln within a radius of 720 metres over the last 2 years.
The most recent example is 45, Hammond Road, Lincoln, LN2 4GZ, a freehold house which sold for £167,960 on the 18th August 2023.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hammond Road, Lincoln, LN2 has a total of 47 addresses. According to our analysis of all the public data, 39, Hammond Road, Lincoln is the 45th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in LN2.
The closest station to 39, Hammond Road, Lincoln is Lincoln station which is 3.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 39, Hammond Road, Lincoln, 42.6% of property is privately owned outright and 35.5% 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 39, Hammond Road, Lincoln, 9.3% of residents are recorded as possessing school level qualifications and 33.2% 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 39, Hammond Road, Lincoln, the average age was 40.7 and the most common age was 32.
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 39, Hammond Road, Lincoln, 1.1% 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 39, Hammond Road, Lincoln, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.