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According to the public record, Flat 2, Globe House, Lincoln is a period apartment with 731 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 Flat 2, Globe House, Lincoln is £101,727 and the estimated rental value is £672 per month.
The apartment is within Globe House, Ripon Street, Lincoln, LN5.
Ripon Street, Lincoln, LN5 is located in the borough of Lincoln within the LN5 postal district.
Flat 2, Globe House, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 2, Globe House, Lincoln is in very good condition we estimate a sale value of £106,813 and a rental value of £705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,606 and a rental value of £625 per month.
Over the last 12 months the sale value of Flat 2 Globe House Lincoln has decreased by an estimated £1,616 (1.6%) and its rental value has increased by an estimated £24 per month (3.5%), giving an expected gross yield of 7.9%.
Flat 2, Globe House, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Globe House, Lincoln within a radius of 490 metres over the last 2 years.
The most recent example is 129, Canwick Road, Lincoln, LN5 8EY, a leasehold flat which sold for £39,000 on the 8th September 2023.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ripon Street, Lincoln, LN5 has a total of 152 addresses. According to our analysis of all the public data, Flat 2, Globe House, Lincoln is the 117th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in LN5.
The closest station to Flat 2, Globe House, Lincoln is Lincoln station which is 600 metres 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 Flat 2, Globe House, Lincoln, 69.4% of property is privately rented and 13.6% 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 Flat 2, Globe House, Lincoln, 32.0% of residents are recorded as possessing school level qualifications and 18.1% 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 Flat 2, Globe House, Lincoln, the average age was 33.7 and the most common age was 22.
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 Flat 2, Globe House, Lincoln, 0.6% 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 Flat 2, Globe House, Lincoln, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
