According to the public record, 68, Newland Street West, Lincoln is a period apartment with 603 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Newland Street West, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
68, Newland Street West, Lincoln has no records in the Land Registry database and a single entry in the EPC database dated July 2011.
We combine this information with public data 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 68 Newland Street West Lincoln as £137,125 and the rental value as £840 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 68 Newland Street West Lincoln has increased by £6,818 (5.0%) and its rental value has increased by £48 per month (5.7%).
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 68, Newland Street West, Lincoln is in very good condition we estimate a sale value of £143,982 and rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,527 and a rental value of £781 per month.
If you were able to purchase this property for the estimated value of £137,125, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £674 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 68, Newland Street West, Lincoln within a radius of 390 metres over the last 2 years.
The most recent example is 4, Moor Street, Lincoln, LN1 1PW, a Leasehold flat which sold for £120,000 in Feb 2020.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newland Street West, Lincoln, LN1 has a total of 206 addresses. According to our analysis of all the public data, 68, Newland Street West, Lincoln is the 125th largest and the 134th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in LN1.
68, Newland Street West, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2011.
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 68, Newland Street West, Lincoln is Lincoln station which is 1.0 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 68, Newland Street West, Lincoln, 59.6% of property is privately rented and 18.5% is socially rented.
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 68, Newland Street West, Lincoln, 68.0% of residents are recorded as possessing school level qualifications and 23.2% 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 68, Newland Street West, Lincoln, the average age was 28.8 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 68, Newland Street West, 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 68, Newland Street West, 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.