According to the public record, 7, Chesney Road, Lincoln is a modern freehold house and with 581 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Chesney Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
7, Chesney Road, Lincoln has 31 entries in the Land Registry database, most recently in May 2015 and 2 entries in the EPC database, most recently in February 2020.
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 7 Chesney Road Lincoln as £172,869 and the rental value as £771 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Chesney Road Lincoln has increased by £8,983 (5.2%) and its rental value has increased by £47 per month (6.1%).
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 7, Chesney Road, Lincoln is in very good condition we estimate a sale value of £181,513 and rental value of £809 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,768 and a rental value of £717 per month.
If you were able to purchase this property for the estimated value of £172,869, 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, 7, Chesney Road, Lincoln sits on a plot of 143m2.
We have plot size data on 38 out of 49 other houses in the postcode and 7, Chesney Road, Lincoln sits on the 28th largest plot.
According to HM Land Registry, 7, Chesney Road, Lincoln was last sold on 01 May 2015 for £115,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2015, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Chesney Road, Lincoln within a radius of 188m over the last 2 years.
The most recent example is 6, Atwater Court, Lincoln, LN2 4SQ, a Freehold house which sold for £160,000 in Aug 2023.
Read more about house prices in LN2.
Chesney Road, Lincoln, LN2 has a total of 60 addresses. According to our analysis of all the public data, 7, Chesney Road, Lincoln is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in LN2.
7, Chesney Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2020.
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 7, Chesney Road, Lincoln is Lincoln station which is 3.3 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 7, Chesney Road, Lincoln, 40.5% of property is privately owned outright and 30.3% 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 7, Chesney Road, Lincoln, 11.3% of residents are recorded as possessing school level qualifications and 35.1% 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 7, Chesney Road, Lincoln, the average age was 40.7 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 7, Chesney Road, Lincoln, 2.5% 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 7, Chesney Road, Lincoln, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.