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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
According to the public record, The Rectory, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,763 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Rectory, Lincoln is £328,153 and the estimated rental value is £1,691 per month.
Snelland, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
The Rectory, Lincoln has a single entry in the Land Registry from June 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 The Rectory, Lincoln is in very good condition we estimate a sale value of £344,560 and a rental value of £1,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,182 and a rental value of £1,573 per month.
Over the last 12 months the sale value of The Rectory Lincoln has decreased by an estimated £10,700 (3.3%) and its rental value has increased by an estimated £37 per month (2.2%), giving an expected gross yield of 6.2%.
According to HM Land Registry, The Rectory, Lincoln was last sold on 30th June 2020 for £654,100 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2020, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Rectory, Lincoln within a radius of 5.6 kilometres over the last 2 years.
The most recent example is Springfield, Lincoln, LN3 5BL, a freehold house which sold for £328,000 on the 25th February 2021.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Snelland, Lincoln, LN3 has a total of 26 addresses. According to our analysis of all the public data, The Rectory, Lincoln is the 5th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in LN3.
The closest station to The Rectory, Lincoln is Market Rasen station which is 8.9 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around The Rectory, Lincoln, 51.4% of property is privately owned outright and 27.8% 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 The Rectory, Lincoln, 24.4% of residents are recorded as possessing school level qualifications and 23.4% 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 The Rectory, Lincoln, the average age was 43.8 and the most common age was 52.
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 The Rectory, Lincoln, 2.3% 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 The Rectory, Lincoln, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
