9, Palmer Road
9, Palmer Road
Description & Estimates
Public records show 9, Palmer Road, Lincoln to be a modern freehold house with 1,732 ft2 of internal area, sitting on a 341 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
9, Palmer Road, Lincoln has an estimated sale value of £471,147 and an estimated rental value of £1,502 per month, assuming reasonable condition and based on the information available.
Palmer Road, Lincoln, LN2 lies in the borough of Lincoln, within the LN2 postal district.
Our Data Sources
9, Palmer Road, Lincoln has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 9, Palmer Road, Lincoln would be worth £494,704, with a potential rental value of £1,577 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £438,166, with a rental value of £1,397 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 9, Palmer Road, Lincoln has decreased by £10,684 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £36 (2.4%). The property's estimated gross yield is currently 3.8%.
Plot Size
9, Palmer Road, Lincoln occupies a 341 m2 plot as recorded by HM Land Registry.
All 11 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
9, Palmer Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
9, Palmer Road, Lincoln last changed hands on 4th November 2022, selling for £446,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 17.0% since November 2022.
- Sold Nov 2022£446,000
- Sold Jun 2009£336,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 9, Palmer Road, Lincoln across the last 2 years.
Most recently, 17, Marriner Crescent, Lincoln, LN2 1BB, a freehold house, sold at £450,000 on the 30th June 2021.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 9, Palmer Road, Lincoln as the 6th largest and the 6th most expensive of the 11 addresses on Palmer Road, Lincoln, LN2.
Against the LN2 postcode district average, it is £226k more expensive than the typical property.
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
Lincoln station is the nearest stop to 9, Palmer Road, Lincoln at 2.2 kilometres away.
- 2.2kmLincoln
- 7.2kmHykeham
- 9.4kmSaxilby
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
