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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, 47, Laurel Close, Lincoln is a mid-century leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Laurel Close, Lincoln is £92,212 and the estimated rental value is £587 per month.
Laurel Close, Lincoln, LN5 is located in the borough of Lincoln within the LN5 postal district.
47, Laurel Close, Lincoln has a single entry in the Land Registry from August 2014 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 47, Laurel Close, Lincoln is in very good condition we estimate a sale value of £96,823 and a rental value of £617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,757 and a rental value of £546 per month.
Over the last 12 months the sale value of 47 Laurel Close Lincoln has decreased by an estimated £2,449 (2.7%) and its rental value has increased by an estimated £15 per month (2.5%), giving an expected gross yield of 7.6%.
47, Laurel Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 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, 47, Laurel Close, Lincoln was last sold on 8th August 2014 for £67,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 39.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 740 metres radius of 47, Laurel Close, Lincoln over the last 2 years.
The most recent example is 89, Holly Street, Lincoln, LN5 8RR, a freehold house which sold for £220,000 on the 20th January 2023.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Close, Lincoln, LN5 has a total of 60 addresses. According to our analysis of all the public data, 47, Laurel Close, Lincoln is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in LN5.
The closest station to 47, Laurel Close, Lincoln is Lincoln station which is 2.8 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 47, Laurel Close, Lincoln, 38.6% of property is socially rented and 31.6% is privately rented.
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 47, Laurel Close, Lincoln, 14.2% of residents are recorded as possessing school level qualifications and 20.1% 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 47, Laurel Close, Lincoln, the average age was 36.9 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 47, Laurel Close, Lincoln, 0.0% 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 47, Laurel Close, Lincoln, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
