According to the public record, 2, East Bight, Lincoln is a period freehold house and with 1,313 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
East Bight, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
2, East Bight, Lincoln has 21 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated March 2023.
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 2 East Bight Lincoln as £473,067 and the rental value as £1,457 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 East Bight Lincoln has increased by £8,330 (1.8%) and its rental value has increased by £37 per month (2.5%).
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, East Bight, Lincoln is in very good condition we estimate a sale value of £496,720 and rental value of £1,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,952 and a rental value of £1,355 per month.
If you were able to purchase this property for the estimated value of £473,067, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,325 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, 2, East Bight, Lincoln sits on a plot of 240m2.
We have plot size data on 8 out of 11 other houses in the postcode and 2, East Bight, Lincoln sits on the 4th largest plot.
According to HM Land Registry, 2, East Bight, Lincoln was last sold on 17 Mar 2016 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 36.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, East Bight, Lincoln within a radius of 214m over the last 2 years.
The most recent example is 26, Church Lane, Lincoln, LN2 1QR, a Freehold house which sold for £530,000 in Sep 2022.
Read more about house prices in LN2.
East Bight, Lincoln, LN2 has a total of 11 addresses. According to our analysis of all the public data, 2, East Bight, Lincoln is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £228k more expensive than the average property in LN2.
2, East Bight, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, East Bight, Lincoln is Lincoln station which is 1.2 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, East Bight, Lincoln, 44.1% of property is privately owned outright and 32.2% is privately 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, East Bight, Lincoln, 8.8% of residents are recorded as possessing school level qualifications and 56.3% 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, East Bight, 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 2, East Bight, Lincoln, 6.4% 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, East Bight, 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.