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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, Rivermead Close, Lincoln is a modern freehold house with 936 ft2 of internal area and sits on a 260 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Rivermead Close, Lincoln is £295,174 and the estimated rental value is £1,121 per month.
Rivermead Close, Lincoln, LN6 is located in the borough of Lincoln within the LN6 postal district.
8, Rivermead Close, Lincoln has 41 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated February 2015.
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, Rivermead Close, Lincoln is in very good condition we estimate a sale value of £309,933 and a rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,512 and a rental value of £1,042 per month.
Over the last 12 months the sale value of 8 Rivermead Close Lincoln has decreased by an estimated £6,768 (2.3%) and its rental value has increased by an estimated £30 per month (2.7%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 8, Rivermead Close, Lincoln sits on a plot of 260m2.
We have plot size data on 26 out of 26 other houses in the postcode and 8, Rivermead Close, Lincoln sits on the 25th largest plot.
8, Rivermead Close, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2015.
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, Rivermead Close, Lincoln was last sold on 11th December 2020 for £239,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2020, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rivermead Close, Lincoln within a radius of 710 metres over the last 2 years.
The most recent example is 12, Rivermead Close, Lincoln, LN6 8FD, a freehold house which sold for £312,500 on the 23rd June 2023.
Read more about house prices in LN6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rivermead Close, Lincoln, LN6 has a total of 26 addresses. According to our analysis of all the public data, 8, Rivermead Close, Lincoln is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in LN6.
The closest station to 8, Rivermead Close, Lincoln is Hykeham station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Rivermead Close, Lincoln, 52.6% of property is privately owned with a mortgage and 35.8% 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, Rivermead Close, Lincoln, 24.8% of residents are recorded as possessing school level qualifications and 32.5% 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, Rivermead Close, Lincoln, the average age was 42.8 and the most common age was 57.
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, Rivermead Close, Lincoln, 0.4% 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, Rivermead Close, Lincoln, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
