According to the public record, 5, Allwood Road, Lincoln is a mid-century freehold house and with 947 ft2 of internal area and sits on a 275 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Allwood Road, Dunholme, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
5, Allwood Road, Lincoln has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated October 2021.
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 5 Allwood Road Lincoln as £172,974 and the rental value as £864 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Allwood Road Lincoln has increased by £4,480 (2.6%) and its rental value has increased by £26 per month (3.0%).
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 5, Allwood Road, Lincoln is in very good condition we estimate a sale value of £181,622 and rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,866 and a rental value of £803 per month.
If you were able to purchase this property for the estimated value of £172,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £850 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, 5, Allwood Road, Lincoln sits on a plot of 275m2.
We have plot size data on 17 out of 20 other houses in the postcode and 5, Allwood Road, Lincoln sits on the 5th largest plot.
According to HM Land Registry, 5, Allwood Road, Lincoln was last sold on 16 Mar 2022 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Allwood Road, Lincoln within a radius of 58m over the last 2 years.
The most recent example is 8, Morris Close, Lincoln, LN2 3SD, a Freehold house which sold for £190,000 in Nov 2022.
Read more about house prices in LN2.
Allwood Road, Dunholme, Lincoln, LN2 has a total of 20 addresses. According to our analysis of all the public data, 5, Allwood Road, Lincoln is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in LN2.
5, Allwood Road, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 5, Allwood Road, Lincoln is Lincoln station which is 9.6 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 5, Allwood Road, Lincoln, 43.4% 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 5, Allwood Road, Lincoln, 21.9% of residents are recorded as possessing school level qualifications and 16.3% 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 5, Allwood Road, Lincoln, the average age was 43.8 and the most common age was 52.
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 5, Allwood Road, 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 5, Allwood Road, Lincoln, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.