According to the public record, 3, Broadway, Lincoln is a mid-century freehold house and with 1,582 ft2 of internal area and sits on a 475 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Broadway, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
3, Broadway, Lincoln has 21 entries in the Land Registry database, most recently in December 2013 and a single entry in the EPC database dated January 2012.
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 3 Broadway Lincoln as £388,860 and the rental value as £1,211 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 3 Broadway Lincoln has increased by £5,701 (1.5%) and its rental value has increased by £27 per month (2.3%).
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 3, Broadway, Lincoln is in very good condition we estimate a sale value of £408,303 and rental value of £1,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,640 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £388,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,911 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, 3, Broadway, Lincoln sits on a plot of 475m2.
We have plot size data on 6 out of 17 other houses in the postcode and 3, Broadway, Lincoln sits on the 6th largest plot.
According to HM Land Registry, 3, Broadway, Lincoln was last sold on 16 Dec 2013 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2013, the market for similar properties has risen 51.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Broadway, Lincoln within a radius of 89m over the last 2 years.
The most recent example is 17, Broadway, Lincoln, LN2 1SQ, a Freehold house which sold for £350,000 in Jul 2020.
Read more about house prices in LN2.
Broadway, Lincoln, LN2 has a total of 91 addresses. According to our analysis of all the public data, 3, Broadway, Lincoln is the 6th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in LN2.
3, Broadway, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Broadway, Lincoln is Lincoln station which is 1.9 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 3, Broadway, Lincoln, 57.1% of property is privately owned outright and 35.3% 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 3, Broadway, Lincoln, 13.6% of residents are recorded as possessing school level qualifications and 57.0% 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 3, Broadway, 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 3, Broadway, Lincoln, 2.9% 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 3, Broadway, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.