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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, 5, East Bight, Lincoln is a period freehold house with 1,776 ft2 of internal area and sits on a 671 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 5, East Bight, Lincoln is £688,592 and the estimated rental value is £2,195 per month.
East Bight, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
5, East Bight, Lincoln has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated February 2019.
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 5, East Bight, Lincoln is in very good condition we estimate a sale value of £723,021 and a rental value of £2,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £640,390 and a rental value of £2,041 per month.
Over the last 12 months the sale value of 5 East Bight Lincoln has decreased by an estimated £15,616 (2.3%) and its rental value has increased by an estimated £52 per month (2.4%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 5, East Bight, Lincoln sits on a plot of 671m2.
We have plot size data on 10 out of 11 other houses in the postcode and 5, East Bight, Lincoln sits on the 5th largest plot.
5, East Bight, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Feb 2019.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, East Bight, Lincoln was last sold on 5th November 2020 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, East Bight, Lincoln within a radius of 510 metres over the last 2 years.
The most recent example is 14, Drury Lane, Lincoln, LN1 3BN, a freehold house which sold for £750,000 on the 8th December 2022.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Bight, Lincoln, LN2 has a total of 11 addresses. According to our analysis of all the public data, 5, East Bight, Lincoln is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £444k more expensive than the average property in LN2.
The closest station to 5, East Bight, Lincoln is Lincoln station which is 1.2 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 5, East Bight, Lincoln, 44.1% of property is privately owned outright and 32.2% 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 5, East Bight, Lincoln, 8.8% of residents are recorded as possessing school level qualifications and 56.3% 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 5, East Bight, 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 5, East Bight, Lincoln, 6.4% 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 5, East Bight, Lincoln, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
