According to the public record, 12, Marne Gardens, Lincoln is a mid-century freehold house with 893 ft2 of internal area and sits on a 189 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marne Gardens, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
12, Marne Gardens, Lincoln has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated April 2015.
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 12 Marne Gardens Lincoln as £161,641 and the rental value as £815 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12 Marne Gardens Lincoln has increased by £5,558 (3.4%) and its rental value has increased by £35 per month (4.2%).
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 12, Marne Gardens, Lincoln is in very good condition we estimate a sale value of £169,723 and rental value of £856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,326 and a rental value of £758 per month.
If you were able to purchase this property for the estimated value of £161,641, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £794 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, 12, Marne Gardens, Lincoln sits on a plot of 189m2.
We have plot size data on 6 out of 18 other houses in the postcode and 12, Marne Gardens, Lincoln sits on the largest plot.
According to HM Land Registry, 12, Marne Gardens, Lincoln was last sold on 25 Jun 2015 for £93,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 43.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Marne Gardens, Lincoln within a radius of 580 metres over the last 2 years.
The most recent example is 30, Anzio Crescent, Lincoln, LN1 3PX, a Freehold house which sold for £176,000 in Nov 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marne Gardens, Lincoln, LN1 has a total of 18 addresses. According to our analysis of all the public data, 12, Marne Gardens, Lincoln is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in LN1.
12, Marne Gardens, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 12, Marne Gardens, Lincoln is Lincoln station which is 2.1 kilometres 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 12, Marne Gardens, Lincoln, 32.5% of property is privately owned with a mortgage and 31.8% 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 12, Marne Gardens, Lincoln, 23.5% of residents are recorded as possessing school level qualifications and 30.0% 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 12, Marne Gardens, Lincoln, the average age was 39.2 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 12, Marne 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 12, Marne Gardens, Lincoln, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.