According to the public record, 3 Old Vicarage, Gibraltar Hill, Lincoln is a period leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Gibraltar Hill, Lincoln, LN1.
Gibraltar Hill, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
3 Old Vicarage, Gibraltar Hill, Lincoln has 61 entries in the Land Registry database, most recently in October 1999 and a single entry in the EPC database dated April 2016.
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 Old Vicarage Gibraltar Hill Lincoln as £163,525 and the rental value as £853 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Old Vicarage Gibraltar Hill Lincoln has increased by £7,622 (4.7%) and its rental value has increased by £46 per month (5.4%).
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 Old Vicarage, Gibraltar Hill, Lincoln is in very good condition we estimate a sale value of £171,701 and rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,078 and a rental value of £793 per month.
If you were able to purchase this property for the estimated value of £163,525, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £804 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, 3 Old Vicarage, Gibraltar Hill, Lincoln was last sold on 12 Dec 2019 for £405,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Old Vicarage, Gibraltar Hill, Lincoln within a radius of 470 metres over the last 2 years.
The most recent example is 8 Beaumont Court, Spring Hill, Lincoln, LN1 1HE, a Leasehold flat which sold for £130,000 in Aug 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibraltar Hill, Lincoln, LN1 has a total of 10 addresses. According to our analysis of all the public data, 3 Old Vicarage, Gibraltar Hill, Lincoln is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in LN1.
3 Old Vicarage, Gibraltar Hill, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Apr 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Old Vicarage, Gibraltar Hill, Lincoln is Lincoln station which is 800 metres away.