According to the public record, 302, Burton Road, Lincoln is a modern freehold house with 979 ft2 of internal area and sits on a 81.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burton Road, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
302, Burton Road, Lincoln has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated January 2022.
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 302 Burton Road Lincoln as £291,808 and the rental value as £941 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 302 Burton Road Lincoln has increased by £9,021 (3.1%) and its rental value has increased by £37 per month (3.9%).
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 302, Burton Road, Lincoln is in very good condition we estimate a sale value of £306,398 and rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,381 and a rental value of £876 per month.
If you were able to purchase this property for the estimated value of £291,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,434 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, 302, Burton Road, Lincoln sits on a plot of 81m2.
We have plot size data on 20 out of 36 other houses in the postcode and 302, Burton Road, Lincoln sits on the 18th largest plot.
According to HM Land Registry, 302, Burton Road, Lincoln was last sold on 25 Apr 2022 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 302, Burton Road, Lincoln within a radius of 640 metres over the last 2 years.
The most recent example is 304B, Burton Road, Lincoln, LN1 3UW, a Freehold house which sold for £259,000 in Dec 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burton Road, Lincoln, LN1 has a total of 345 addresses. According to our analysis of all the public data, 302, Burton Road, Lincoln is the 170th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in LN1.
302, Burton Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jan 2022.
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 302, Burton Road, Lincoln is Lincoln station which is 2.1 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 302, Burton Road, Lincoln, 46.2% of property is privately owned outright and 38.9% 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 302, Burton Road, Lincoln, 20.5% of residents are recorded as possessing school level qualifications and 50.7% 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 302, Burton Road, 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 302, Burton Road, Lincoln, 0.5% 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 302, Burton Road, 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.