According to the public record, 57, St. Nicholas Street, Lincoln is a period freehold house with 796 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
St. Nicholas Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
57, St. Nicholas Street, Lincoln has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated April 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 57 St. Nicholas Street Lincoln as £185,305 and the rental value as £865 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 57 St. Nicholas Street Lincoln has increased by £6,489 (3.5%) and its rental value has increased by £37 per month (4.3%).
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 57, St. Nicholas Street, Lincoln is in very good condition we estimate a sale value of £194,570 and rental value of £909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,334 and a rental value of £805 per month.
If you were able to purchase this property for the estimated value of £185,305, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £911 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, 57, St. Nicholas Street, Lincoln sits on a plot of 101m2.
We have plot size data on 45 out of 56 other houses in the postcode and 57, St. Nicholas Street, Lincoln sits on the 14th largest plot.
According to HM Land Registry, 57, St. Nicholas Street, Lincoln was last sold on 12 May 2023 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, St. Nicholas Street, Lincoln within a radius of 420 metres over the last 2 years.
The most recent example is 70, Gray Street, Lincoln, LN1 3HL, a Freehold house which sold for £173,000 in Nov 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Nicholas Street, Lincoln, LN1 has a total of 64 addresses. According to our analysis of all the public data, 57, St. Nicholas Street, Lincoln is the 19th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in LN1.
57, St. Nicholas Street, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 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 57, St. Nicholas Street, Lincoln is Lincoln station which is 1.5 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 57, St. Nicholas Street, Lincoln, 47.8% of property is privately rented and 22.8% 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 57, St. Nicholas Street, Lincoln, 32.4% of residents are recorded as possessing school level qualifications and 36.5% 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 57, St. Nicholas Street, 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 57, St. Nicholas Street, 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 57, St. Nicholas Street, 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.