According to the public record, 2, Cross Street, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,321 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cross Street, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
2, Cross Street, Lincoln has a single entry in the Land Registry database from August 2007 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 2 Cross Street Lincoln as £495,137 and the rental value as £1,523 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Cross Street Lincoln has increased by £7,841 (1.6%) and its rental value has increased by £34 per month (2.2%).
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 2, Cross Street, Lincoln is in very good condition we estimate a sale value of £519,894 and rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,478 and a rental value of £1,416 per month.
If you were able to purchase this property for the estimated value of £495,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,433 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, 2, Cross Street, Lincoln was last sold on 01 Aug 2007 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 60.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cross Street, Lincoln within a radius of 636m over the last 2 years.
The most recent example is 5, The Green, Lincoln, LN2 2NR, a Freehold house which sold for £450,000 in Feb 2024.
Read more about house prices in LN2.
Cross Street, Nettleham, Lincoln, LN2 has a total of 3 addresses. According to our analysis of all the public data, 2, Cross Street, Lincoln is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £250k more expensive than the average property in LN2.
The closest station to 2, Cross Street, Lincoln is Lincoln station which is 5.6 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 2, Cross Street, Lincoln, 37.7% of property is privately owned outright and 37.7% is socially rented.
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 2, Cross Street, Lincoln, 8.1% of residents are recorded as possessing school level qualifications and 30.8% 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 2, Cross Street, Lincoln, the average age was 46.5 and the most common age was 72.
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 2, Cross Street, 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 2, Cross Street, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.