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According to the public record, 42, Albion Crescent, Lincoln is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 324 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 42, Albion Crescent, Lincoln is £253,311 and the estimated rental value is £1,062 per month.
Albion Crescent, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
42, Albion Crescent, Lincoln has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated February 2024.
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 42, Albion Crescent, Lincoln is in very good condition we estimate a sale value of £265,977 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 £235,580 and a rental value of £988 per month.
Over the last 12 months the sale value of 42 Albion Crescent Lincoln has decreased by an estimated £4,701 (1.9%) and its rental value has increased by an estimated £35 per month (3.3%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 42, Albion Crescent, Lincoln sits on a plot of 324m2.
We have plot size data on 56 out of 57 other houses in the postcode and 42, Albion Crescent, Lincoln sits on the 56th largest plot.
42, Albion Crescent, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2024.
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, 42, Albion Crescent, Lincoln was last sold on 18th July 2024 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Albion Crescent, Lincoln within a radius of 730 metres over the last 2 years.
The most recent example is 37, Albion Crescent, Lincoln, LN1 1EB, a freehold house which sold for £245,000 on the 21st April 2023.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Crescent, Lincoln, LN1 has a total of 57 addresses. According to our analysis of all the public data, 42, Albion Crescent, Lincoln is the 46th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in LN1.
The closest station to 42, Albion Crescent, Lincoln is Lincoln 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 42, Albion Crescent, Lincoln, 46.2% of property is privately owned outright and 38.9% 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 42, Albion Crescent, Lincoln, 20.5% of residents are recorded as possessing school level qualifications and 50.7% 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 42, Albion Crescent, 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 42, Albion Crescent, Lincoln, 0.5% 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 42, Albion Crescent, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.