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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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7, Elder Close, Lincoln is recorded publicly as a modern freehold house across 871 ft2 of internal area, sitting on a 278 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Elder Close, Lincoln is £215,210 and its rental estimate is £1,014 per month, given the available information and assuming reasonable condition.
Elder Close, Witham St. Hughs, Lincoln, LN6 falls within the LN6 postal district, in the borough of North Kesteven.
7, Elder Close, Lincoln has 21 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated February 2013.
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.
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 7, Elder Close, Lincoln, we estimate a market value of £225,970 and a rental value of £1,065 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £200,145 and £943 per month respectively.
Over the last year, 7, Elder Close, Lincoln has seen its estimated sale value move down by £2,774 (1.3%) and its estimated rental value increase by £30 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 7, Elder Close, Lincoln as measuring 278 m2.
That makes it the 29th largest plot in the postcode, where all 67 other houses have recorded plot data.
7, Elder Close, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, Elder Close, Lincoln completed on 29th July 2022 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.3% over the period since July 2022.
Over the past 2 years 3 properties similar to 7, Elder Close, Lincoln have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2024, was 12, Partridge Green, Lincoln, LN6 9UZ, a freehold house which sold for £215,000.
Read more about house prices in LN6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 68 addresses on Elder Close, Witham St. Hughs, Lincoln, LN6, 7, Elder Close, Lincoln comes out as the 43rd largest and the 42nd most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the LN6 district.
From 7, Elder Close, Lincoln, the nearest station is Swinderby, 3.5 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 7, Elder Close, Lincoln, 56.8% of property is privately owned with a mortgage and 31.2% 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 7, Elder Close, Lincoln, 29.9% of residents are recorded as possessing school level qualifications and 44.4% 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 7, Elder Close, Lincoln, the average age was 42.1 and the most common age was 52.
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 7, Elder 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 7, Elder Close, Lincoln, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
