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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
According to the public record, 48, Albion Close, Lincoln is a modern freehold house with 1,819 ft2 of internal area and sits on a 903 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Albion Close, Lincoln is £638,273 and the estimated rental value is £1,742 per month.
Albion Close, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
48, Albion Close, Lincoln has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated August 2014.
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 48, Albion Close, Lincoln is in very good condition we estimate a sale value of £670,187 and a rental value of £1,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £593,594 and a rental value of £1,620 per month.
Over the last 12 months the sale value of 48 Albion Close Lincoln has decreased by an estimated £16,518 (2.6%) and its rental value has increased by an estimated £49 per month (2.8%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 48, Albion Close, Lincoln sits on a plot of 903m2.
We have plot size data on 37 out of 38 other houses in the postcode and 48, Albion Close, Lincoln sits on the largest plot.
48, Albion Close, Lincoln has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 27 Aug 2014.
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, 48, Albion Close, Lincoln was last sold on 5th September 2014 for £443,625 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 36.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Albion Close, Lincoln within a radius of 700 metres over the last 2 years.
The most recent example is 70, Yarborough Crescent, Lincoln, LN1 3LU, a freehold house which sold for £480,000 on the 13th September 2021.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Close, Lincoln, LN1 has a total of 38 addresses. According to our analysis of all the public data, 48, Albion Close, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £397k more expensive than the average property in LN1.
The closest station to 48, Albion Close, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Albion Close, Lincoln, 45.1% of property is privately owned outright and 36.0% 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 48, Albion Close, Lincoln, 16.9% of residents are recorded as possessing school level qualifications and 42.3% 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 48, Albion Close, 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 48, Albion 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 48, Albion 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.
