According to the public record, 180, West Parade, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,500 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
West Parade, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
180, West Parade, Lincoln has 31 entries in the Land Registry database, most recently in March 2021 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 180 West Parade Lincoln as £294,888 and the rental value as £1,091 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 180 West Parade Lincoln has increased by £6,289 (2.1%) and its rental value has increased by £31 per month (2.9%).
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 180, West Parade, Lincoln is in very good condition we estimate a sale value of £309,632 and rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,246 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £294,888, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,449 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, 180, West Parade, Lincoln was last sold on 25 Mar 2021 for £303,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 180, West Parade, Lincoln within a radius of 360 metres over the last 2 years.
The most recent example is 156, West Parade, Lincoln, LN1 1LF, a Freehold house which sold for £242,500 in Mar 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Parade, Lincoln, LN1 has a total of 252 addresses. According to our analysis of all the public data, 180, West Parade, Lincoln is the 78th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in LN1.
The closest station to 180, West Parade, Lincoln is Lincoln station which is 1.1 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 180, West Parade, Lincoln, 56.9% of property is privately rented and 18.1% 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 180, West Parade, Lincoln, 61.4% of residents are recorded as possessing school level qualifications and 26.8% 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 180, West Parade, Lincoln, the average age was 28.8 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 180, West Parade, Lincoln, 0.2% 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 180, West Parade, Lincoln, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.