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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Mill View, Lincoln is £507,903 and the estimated rental value is £1,856 per month.
Millgate, Wellingore, Lincoln, LN5 is located in the borough of North Kesteven within the LN5 postal district.
Mill View, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2018.
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 Mill View, Lincoln is in very good condition we estimate a sale value of £533,298 and a rental value of £1,949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,350 and a rental value of £1,726 per month.
Over the last 12 months the sale value of Mill View Lincoln has decreased by an estimated £16,963 (3.3%) and its rental value has increased by an estimated £34 per month (1.8%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, Mill View, Lincoln sits on a plot of 774m2.
We have plot size data on 6 out of 7 other houses in the postcode and Mill View, Lincoln sits on the largest plot.
Mill View, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2018.
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, Mill View, Lincoln was last sold on 15th October 2001 for £94,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mill View, Lincoln within a radius of 3.7 kilometres over the last 2 years.
The most recent example is Cedar Heights, Barnes Lane, Lincoln, LN5 0JB, a freehold house which sold for £494,000 on the 1st September 2023.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millgate, Wellingore, Lincoln, LN5 has a total of 7 addresses. According to our analysis of all the public data, Mill View, Lincoln is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £291k more expensive than the average property in LN5.
The closest station to Mill View, Lincoln is Metheringham station which is 10.4 kilometres away.
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 Mill View, Lincoln, 60.3% of property is privately owned outright and 27.3% is privately owned with a mortgage.
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 Mill View, Lincoln, 13.1% of residents are recorded as possessing school level qualifications and 47.4% 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 Mill View, Lincoln, the average age was 48.4 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 Mill View, Lincoln, 1.2% 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 Mill View, Lincoln, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.