According to the public record, 5, Carram Close, Lincoln is a modern leasehold house with 699 ft2 of internal area and sits on a 1,696 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Carram Close, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
5, Carram Close, Lincoln has 2 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated November 2015.
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 Carram Close Lincoln as £208,261 and the rental value as £836 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 5 Carram Close Lincoln has increased by £6,438 (3.1%) and its rental value has increased by £33 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 5, Carram Close, Lincoln is in very good condition we estimate a sale value of £218,674 and rental value of £877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,683 and a rental value of £777 per month.
If you were able to purchase this property for the estimated value of £208,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,024 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, Carram Close, Lincoln sits on a plot of 1696m2.
We have plot size data on 13 out of 13 other houses in the postcode and 5, Carram Close, Lincoln sits on the largest plot.
According to HM Land Registry, 5, Carram Close, Lincoln was last sold on 27 May 2016 for £132,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 35.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Carram Close, Lincoln within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 10, Mercer Drive, Lincoln, LN1 1AG, a Freehold house which sold for £180,000 in Aug 2022.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carram Close, Lincoln, LN1 has a total of 13 addresses. According to our analysis of all the public data, 5, Carram Close, Lincoln is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in LN1.
5, Carram Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2015.
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 5, Carram Close, Lincoln is Lincoln station which is 2.6 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 5, Carram Close, Lincoln, 42.0% of property is privately owned with a mortgage and 29.7% 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, Carram Close, Lincoln, 19.2% of residents are recorded as possessing school level qualifications and 46.0% 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, Carram Close, 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 5, Carram Close, 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, Carram Close, 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.