10 Hanover House, Lincoln has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated November 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 10 Hanover House, Lincoln is in very good condition we estimate a sale value of £95,495 and rental value of £547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,582 and a rental value of £485 per month.
If you were able to purchase this property for the estimated value of £90,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £447 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10 Hanover House, Lincoln was last sold on 22 Mar 2016 for £74,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 30.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10 Hanover House, Lincoln within a radius of 33m over the last 2 years.
The most recent example is 4 Somerset House, Laughton Way North, Lincoln, LN2 2AU, a Leasehold flat which sold for £75,000 in Jul 2021.
Read more about house prices in LN2.
Laughton Way North, Lincoln, LN2 has a total of 132 addresses. According to our analysis of all the public data, 10 Hanover House, Lincoln is the 19th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in LN2.
10 Hanover House, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 10 Hanover House, Lincoln is a mid-century leasehold apartment and with 812 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hanover House, Laughton Way North, Lincoln, LN2.
Laughton Way North, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Hanover House Lincoln as £90,948 and the rental value as £521 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 10 Hanover House Lincoln has increased by £4,359 (4.8%) and its rental value has increased by £29 per month (5.6%).
The closest station to 10 Hanover House, Lincoln is Lincoln station which is 3.1 km 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 10 Hanover House, Lincoln, 71.3% of property is socially rented and 8.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 10 Hanover House, Lincoln, 28.9% of residents are recorded as possessing school level qualifications and 13.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10 Hanover House, Lincoln, the average age was 36.8 and the most common age was 32.
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 10 Hanover House, Lincoln, 0.0% 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 10 Hanover House, Lincoln, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.