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5, The Colosseum, Lincoln is recorded publicly as a modern freehold house across 1,248 ft2 of internal area, sitting on a 179 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, The Colosseum, Lincoln is £406,564 and its rental estimate is £1,151 per month, given the available information and assuming reasonable condition.
The Colosseum, Lincoln, LN1 falls within the LN1 postal district, in the borough of Lincoln.
5, The Colosseum, Lincoln has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 5, The Colosseum, Lincoln, we estimate a market value of £426,892 and a rental value of £1,209 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,104 and £1,071 per month respectively.
Over the last year, 5, The Colosseum, Lincoln has seen its estimated sale value fall by £13,580 (3.3%) and its estimated rental value move up by £26 per month (2.2%). This results in an estimated gross rental yield of 3.4%.
HM Land Registry records the plot of land for 5, The Colosseum, Lincoln as measuring 179 m2.
That makes it the 7th largest plot in the postcode, where 12 of the 18 other houses have recorded plot data.
5, The Colosseum, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Feb 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, The Colosseum, Lincoln completed on 1st March 2016 at £299,000 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 34.9% over the period since March 2016.
Over the past 2 years 3 properties similar to 5, The Colosseum, Lincoln have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th August 2023, was 3, The Colosseum, Lincoln, LN1 3EX, a freehold house which sold for £390,000.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on The Colosseum, Lincoln, LN1, 5, The Colosseum, Lincoln comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £165k more expensive than the average property across the LN1 district.
From 5, The Colosseum, Lincoln, the nearest station is Lincoln, 2.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, The Colosseum, Lincoln, 50.7% of property is privately owned outright and 20.5% 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, The Colosseum, Lincoln, 17.6% of residents are recorded as possessing school level qualifications and 27.8% 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, The Colosseum, 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, The Colosseum, Lincoln, 1.0% 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 5, The Colosseum, 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.