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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, 8, Millbeck Drive, Lincoln is a modern freehold house with 581 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Millbeck Drive, Lincoln is £207,935 and the estimated rental value is £859 per month.
Millbeck Drive, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
8, Millbeck Drive, Lincoln has 31 entries in the Land Registry , most recently in November 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 5 out of 5 and is considered of high 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 8, Millbeck Drive, Lincoln is in very good condition we estimate a sale value of £218,331 and a rental value of £902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,379 and a rental value of £799 per month.
Over the last 12 months the sale value of 8 Millbeck Drive Lincoln has decreased by an estimated £3,775 (1.8%) and its rental value has increased by an estimated £30 per month (3.5%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 8, Millbeck Drive, Lincoln sits on a plot of 327m2.
We have plot size data on 33 out of 33 other houses in the postcode and 8, Millbeck Drive, Lincoln sits on the 23rd largest plot.
8, Millbeck Drive, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Millbeck Drive, Lincoln was last sold on 1st November 2016 for £127,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2016, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Millbeck Drive, Lincoln within a radius of 750 metres over the last 2 years.
The most recent example is 16, Marigold Close, Lincoln, LN2 4SZ, a freehold house which sold for £210,000 on the 1st November 2023.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millbeck Drive, Lincoln, LN2 has a total of 33 addresses. According to our analysis of all the public data, 8, Millbeck Drive, Lincoln is the 33rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in LN2.
The closest station to 8, Millbeck Drive, Lincoln is Lincoln station which is 3.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Millbeck Drive, Lincoln, 38.9% of property is privately owned with a mortgage and 32.2% is privately owned outright.
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, Millbeck Drive, Lincoln, 14.4% of residents are recorded as possessing school level qualifications and 30.7% 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, Millbeck Drive, Lincoln, the average age was 46.5 and the most common age was 72.
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, Millbeck Drive, 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, Millbeck Drive, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
