According to the public record, 49, Westfield Drive, Lincoln is a mid-century freehold house and with 785 ft2 of internal area and sits on a 346 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Westfield Drive, North Greetwell, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
49, Westfield Drive, Lincoln has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated September 2019.
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 49 Westfield Drive Lincoln as £195,385 and the rental value as £929 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 49 Westfield Drive Lincoln has increased by £5,498 (2.8%) and its rental value has increased by £33 per month (3.6%).
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 49, Westfield Drive, Lincoln is in very good condition we estimate a sale value of £205,154 and rental value of £975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,708 and a rental value of £864 per month.
If you were able to purchase this property for the estimated value of £195,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £960 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, 49, Westfield Drive, Lincoln sits on a plot of 346m2.
We have plot size data on 25 out of 36 other houses in the postcode and 49, Westfield Drive, Lincoln sits on the 20th largest plot.
According to HM Land Registry, 49, Westfield Drive, Lincoln was last sold on 18 Aug 2020 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Westfield Drive, Lincoln within a radius of 97m over the last 2 years.
The most recent example is 45, Westfield Drive, Lincoln, LN2 4RE, a Freehold house which sold for £200,000 in Nov 2021.
Read more about house prices in LN2.
Westfield Drive, North Greetwell, Lincoln, LN2 has a total of 74 addresses. According to our analysis of all the public data, 49, Westfield Drive, Lincoln is the 46th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in LN2.
49, Westfield Drive, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2019.
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 49, Westfield Drive, Lincoln is Lincoln station which is 4.8 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 49, Westfield Drive, Lincoln, 58.7% of property is privately owned outright and 30.6% 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 49, Westfield Drive, Lincoln, 10.0% of residents are recorded as possessing school level qualifications and 25.3% 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 49, Westfield Drive, Lincoln, the average age was 46.5 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 49, Westfield Drive, 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 49, Westfield Drive, 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.