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According to the public record, 87, Iris Crescent, Lincoln is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 87, Iris Crescent, Lincoln is £159,444 and the estimated rental value is £933 per month.
Iris Crescent, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
87, Iris Crescent, Lincoln has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 87, Iris Crescent, Lincoln is in very good condition we estimate a sale value of £167,416 and a rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,283 and a rental value of £868 per month.
Over the last 12 months the sale value of 87 Iris Crescent Lincoln has decreased by an estimated £3,514 (2.2%) and its rental value has increased by an estimated £31 per month (3.3%), giving an expected gross yield of 7%.
87, Iris Crescent, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 87, Iris Crescent, Lincoln was last sold on 28th May 2012 for £116,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Iris Crescent, Lincoln within a radius of 590 metres over the last 2 years.
The most recent example is 107, Angelica Road, Lincoln, LN1 1BE, a leasehold flat which sold for £160,000 on the 13th November 2024.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iris Crescent, Lincoln, LN1 has a total of 69 addresses. According to our analysis of all the public data, 87, Iris Crescent, Lincoln is the 54th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in LN1.
The closest station to 87, Iris Crescent, Lincoln is Lincoln station which is 1.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 87, Iris Crescent, Lincoln, % of property is and % is .
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 87, Iris Crescent, Lincoln, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 87, Iris Crescent, 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 87, Iris Crescent, Lincoln, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.