According to the public record, 4 Greenaway House, Lincoln is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Greenaway House, Greenaway Court, Cherry Willingham, Lincoln, LN3.
Greenaway Court, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
4 Greenaway House, Lincoln has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated February 2020.
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 4 Greenaway House Lincoln as £139,778 and the rental value as £551 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 4 Greenaway House Lincoln has increased by £8,341 (6.0%) and its rental value has increased by £30 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 4 Greenaway House, Lincoln is in very good condition we estimate a sale value of £146,767 and rental value of £579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,993 and a rental value of £513 per month.
If you were able to purchase this property for the estimated value of £139,778, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £687 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, 4 Greenaway House, Lincoln was last sold on 28 Oct 2022 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 4 Greenaway House, Lincoln within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 2 Greenaway House, Greenaway Court, Lincoln, LN3 4JA, a Leasehold flat which sold for £122,500 in Feb 2022.
Read more about house prices in LN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenaway Court, Cherry Willingham, Lincoln, LN3 has a total of 15 addresses. According to our analysis of all the public data, 4 Greenaway House, Lincoln is the 3rd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in LN3.
4 Greenaway House, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2020.
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 4 Greenaway House, Lincoln is Lincoln station which is 6.0 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 4 Greenaway House, Lincoln, 45.8% of property is socially rented and 23.3% is privately owned outright.
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 4 Greenaway House, Lincoln, 10.9% of residents are recorded as possessing school level qualifications and 17.5% 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 4 Greenaway House, Lincoln, the average age was 45.5 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 4 Greenaway House, 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 4 Greenaway House, 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.