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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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8, Ellesmere Avenue, Lincoln is recorded publicly as a period freehold house across 1,216 ft2 of internal area, sitting on a 139 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Ellesmere Avenue, Lincoln is £210,312 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Ellesmere Avenue, Lincoln, LN2 falls within the LN2 postal district, in the borough of Lincoln.
8, Ellesmere Avenue, Lincoln has 31 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 8, Ellesmere Avenue, Lincoln, we estimate a market value of £220,828 and a rental value of £1,144 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £195,590 and £1,013 per month respectively.
Over the last year, 8, Ellesmere Avenue, Lincoln has seen its estimated sale value move down by £4,769 (2.3%) and its estimated rental value increase by £26 per month (2.4%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 8, Ellesmere Avenue, Lincoln as measuring 139 m2.
That makes it the 10th largest plot in the postcode, where 11 of the 14 other houses have recorded plot data.
8, Ellesmere Avenue, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Ellesmere Avenue, Lincoln completed on 21st March 2017 at £120,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 45.9% over the period since March 2017.
Over the past 2 years 3 properties similar to 8, Ellesmere Avenue, Lincoln have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th November 2022, was 12, Ellesmere Avenue, Lincoln, LN2 5QB, a freehold house which sold for £217,500.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 14 addresses on Ellesmere Avenue, Lincoln, LN2, 8, Ellesmere Avenue, Lincoln comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the LN2 district.
From 8, Ellesmere Avenue, Lincoln, the nearest station is Lincoln, 2.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 8, Ellesmere Avenue, Lincoln, 36.6% of property is privately rented and 31.3% 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 8, Ellesmere Avenue, Lincoln, 21.2% of residents are recorded as possessing school level qualifications and 27.7% 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 8, Ellesmere Avenue, Lincoln, the average age was 34.1 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 8, Ellesmere Avenue, 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 8, Ellesmere Avenue, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
