According to the public record, 62, Queen Elizabeth Road, Lincoln is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Queen Elizabeth Road, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
62, Queen Elizabeth Road, Lincoln has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated October 2016.
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 62 Queen Elizabeth Road Lincoln as £177,079 and the rental value as £872 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 62 Queen Elizabeth Road Lincoln has increased by £7,811 (4.4%) and its rental value has increased by £46 per month (5.2%).
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 62, Queen Elizabeth Road, Lincoln is in very good condition we estimate a sale value of £185,933 and rental value of £916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,684 and a rental value of £811 per month.
If you were able to purchase this property for the estimated value of £177,079, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £870 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, 62, Queen Elizabeth Road, Lincoln sits on a plot of 171m2.
We have plot size data on 27 out of 45 other houses in the postcode and 62, Queen Elizabeth Road, Lincoln sits on the 18th largest plot.
According to HM Land Registry, 62, Queen Elizabeth Road, Lincoln was last sold on 25 Jul 2016 for £118,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Queen Elizabeth Road, Lincoln within a radius of 690 metres over the last 2 years.
The most recent example is 68, Queen Elizabeth Road, Lincoln, LN1 3QG, a Freehold house which sold for £115,000 in Dec 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queen Elizabeth Road, Lincoln, LN1 has a total of 146 addresses. According to our analysis of all the public data, 62, Queen Elizabeth Road, Lincoln is the 11th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in LN1.
62, Queen Elizabeth Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2016.
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 62, Queen Elizabeth Road, Lincoln is Lincoln station which is 2.9 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 62, Queen Elizabeth Road, Lincoln, 45.1% of property is socially rented and 20.5% 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 62, Queen Elizabeth Road, Lincoln, 17.8% of residents are recorded as possessing school level qualifications and 13.1% 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 62, Queen Elizabeth Road, Lincoln, the average age was 36.8 and the most common age was 32.
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 62, Queen Elizabeth 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 62, Queen Elizabeth Road, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.