8, Palmer Road
8, Palmer Road
Description & Estimates
According to the public record, 8, Palmer Road, Lincoln is a freehold house that sits on a 459 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 1,561 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Palmer Road, Lincoln is £445,920 and the estimated rental value is £1,421 per month.
Palmer Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
Our Data Sources
8, Palmer Road, Lincoln has 2 entries in the Land Registry , most recently in November 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Palmer Road, Lincoln is in very good condition we estimate a sale value of £468,215 and a rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,705 and a rental value of £1,322 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Palmer Road, Lincoln has dropped by £10,112 (2.3%), while its estimated rental value has risen by £34 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 8, Palmer Road, Lincoln sits on a plot of 459 m2.
We have plot size data on 11 out of 11 other houses in the postcode and 8, Palmer Road, Lincoln sits on the 3rd largest plot.
Sold Prices
According to HM Land Registry, 8, Palmer Road, Lincoln was last sold on 10th November 2017 for £410,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2017, the market for similar properties has risen by 8.7%.
- Sold Nov 2017£410,000
- Sold Jul 2008£334,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Palmer Road, Lincoln within a radius of 620 metres over the last 2 years.
The most recent example is 5, Marriner Court, Lincoln, LN2 1AX, a freehold house which sold for £400,000 on the 22nd March 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Palmer Road, Lincoln, LN2 has a total of 11 addresses. According to our analysis of all the public data, 8, Palmer Road, Lincoln is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £201k more expensive than the average property in LN2.
More reading links
Schools Nearby
- 400mOur Lady of Lincoln Catholic Primary School A Voluntary Academy
- 600mErmine Primary Academy
- 700mSt Giles Academy
- 700mLincoln Christ's Hospital School
- 800mLincoln Castle Academy
- 1.4kmLincoln UTC
More reading links
Public Transport Nearby
The closest station to 8, Palmer Road, Lincoln is Lincoln station, which is 2.2 kilometres away.
- 2.2kmLincoln
- 7.2kmHykeham
- 9.4kmSaxilby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
