According to the public record, 12, Wake Street, Lincoln is a period freehold house with 893 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wake Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
12, Wake Street, Lincoln has a single entry in the Land Registry database from March 2017 and a single entry in the EPC database dated December 2014.
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 Wake Street Lincoln as £207,576 and the rental value as £896 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 12 Wake Street Lincoln has increased by £7,269 (3.5%) and its rental value has increased by £38 per month (4.3%).
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, Wake Street, Lincoln is in very good condition we estimate a sale value of £217,955 and rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,046 and a rental value of £833 per month.
If you were able to purchase this property for the estimated value of £207,576, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,020 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, Wake Street, Lincoln sits on a plot of 130m2.
We have plot size data on 19 out of 32 other houses in the postcode and 12, Wake Street, Lincoln sits on the 7th largest plot.
According to HM Land Registry, 12, Wake Street, Lincoln was last sold on 31 Mar 2017 for £142,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Wake Street, Lincoln within a radius of 400 metres over the last 2 years.
The most recent example is 3, Wake Street, Lincoln, LN1 3HS, a Freehold house which sold for £225,125 in Jul 2024.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wake Street, Lincoln, LN1 has a total of 32 addresses. According to our analysis of all the public data, 12, Wake Street, Lincoln is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in LN1.
12, Wake Street, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 12, Wake Street, Lincoln is Lincoln station which is 1.6 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, Wake Street, Lincoln, 43.3% of property is privately rented and 26.7% 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, Wake Street, Lincoln, 18.7% of residents are recorded as possessing school level qualifications and 44.5% 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, Wake Street, 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, Wake Street, Lincoln, 0.9% 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, Wake Street, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.