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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
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According to the public record, Flat 3, Llanfoist 31, Lincoln is a period Leasehold apartment with 688 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 3, Llanfoist 31, Lincoln is £248,446 and the estimated rental value is £893 per month.
The apartment is within Llanfoist, Spring Hill, Lincoln, LN1.
Spring Hill, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
Flat 3, Llanfoist 31, Lincoln has a single entry in the Land Registry from April 2009 and a single entry in the EPC database dated June 2020.
We combine this information with that 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 3, Llanfoist 31, Lincoln is in very good condition we estimate a sale value of £260,869 and a rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,055 and a rental value of £830 per month.
Over the last 12 months the sale value of Flat 3 Llanfoist 31 Lincoln has decreased by an estimated £1,669 (0.7%) and its rental value has increased by an estimated £40 per month (4.5%), giving an expected gross yield of 4.3%.
Flat 3, Llanfoist 31, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2020.
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, Flat 3, Llanfoist 31, Lincoln was last sold on 3rd April 2009 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2009, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Llanfoist 31, Lincoln within a radius of 440 metres over the last 2 years.
The most recent example is Flat D, 31, Newland, Lincoln, LN1 1XP, a leasehold flat which sold for £150,000 on the 4th November 2022.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Hill, Lincoln, LN1 has a total of 37 addresses. According to our analysis of all the public data, Flat 3, Llanfoist 31, Lincoln is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in LN1.
The closest station to Flat 3, Llanfoist 31, Lincoln is Lincoln station which is 800 metres away.
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 3, Llanfoist 31, Lincoln, 66.9% of property is privately rented and 13.7% 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 3, Llanfoist 31, Lincoln, 67.8% of residents are recorded as possessing school level qualifications and 29.3% 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 3, Llanfoist 31, Lincoln, the average age was 28.8 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 3, Llanfoist 31, Lincoln, 0.3% 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 3, Llanfoist 31, Lincoln, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
