42, Hammond Road
42, Hammond Road
Description & Estimates
42, Hammond Road, Lincoln is recorded publicly as a modern freehold house across 710 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Hammond Road, Lincoln is £225,081 and its rental estimate is £1,000 per month, given the available information and assuming reasonable condition.
Hammond Road, Lincoln, LN2 falls within the LN2 postal district, in the borough of Lincoln.
Our Data Sources
42, Hammond Road, Lincoln has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated February 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 42, Hammond Road, Lincoln, we estimate a market value of £236,335 and a rental value of £1,050 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,325 and £930 per month respectively.
Recent Market Change
Over the last year, 42, Hammond Road, Lincoln has seen its estimated sale value fall by £3,262 (1.4%) and its estimated rental value move up by £34 per month (3.4%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
42, Hammond Road, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, Hammond Road, Lincoln completed on 12th May 2023 at £209,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.4% over the period since May 2023.
- Sold May 2023£209,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Hammond Road, Lincoln have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 106, Flavian Road, Lincoln, LN2 4JD, a freehold house which sold for £210,450.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Hammond Road, Lincoln, LN2, 42, Hammond Road, Lincoln comes out as the 43rd largest and the 36th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the LN2 district.
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Schools Nearby
- 600mErmine Primary Academy
- 700mOur Lady of Lincoln Catholic Primary School A Voluntary Academy
- 1.1kmSt Giles Academy
- 1.5kmLincoln Castle Academy
- 1.5kmLincoln Christ's Hospital School
- 2.5kmLincoln UTC
More reading links
Public Transport Nearby
From 42, Hammond Road, Lincoln, the nearest station is Lincoln, 3.3 kilometres away.
- 3.3kmLincoln
- 8.3kmHykeham
- 9.8kmSaxilby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
