According to the public record, 11, Welbourn Gardens, Lincoln is a mid-century freehold house and with 861 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Welbourn Gardens, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
11, Welbourn Gardens, Lincoln has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Welbourn Gardens Lincoln as £166,963 and the rental value as £847 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 11 Welbourn Gardens Lincoln has increased by £8,936 (5.4%) and its rental value has increased by £52 per month (6.2%).
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 11, Welbourn Gardens, Lincoln is in very good condition we estimate a sale value of £175,311 and rental value of £889 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,276 and a rental value of £788 per month.
If you were able to purchase this property for the estimated value of £166,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £821 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 data from HM Land Registry, 11, Welbourn Gardens, Lincoln sits on a plot of 209m2.
We have plot size data on 8 out of 16 other houses in the postcode and 11, Welbourn Gardens, Lincoln sits on the 3rd largest plot.
According to HM Land Registry, 11, Welbourn Gardens, Lincoln was last sold on 10 Oct 2022 for £152,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Welbourn Gardens, Lincoln within a radius of 165m over the last 2 years.
The most recent example is 25, Thoresway Drive, Lincoln, LN2 2DA, a Freehold house which sold for £164,500 in Jul 2023.
Read more about house prices in LN2.
Welbourn Gardens, Lincoln, LN2 has a total of 16 addresses. According to our analysis of all the public data, 11, Welbourn Gardens, Lincoln is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in LN2.
11, Welbourn Gardens, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Welbourn Gardens, Lincoln is Lincoln station which is 2.8 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 11, Welbourn Gardens, Lincoln, 49.2% of property is socially rented and 20.5% is privately owned outright.
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 11, Welbourn Gardens, Lincoln, 27.9% of residents are recorded as possessing school level qualifications and 13.7% 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 11, Welbourn Gardens, 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 11, Welbourn Gardens, 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 11, Welbourn Gardens, 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.