According to the public record, 7, Geralds Close, Lincoln is a mid-century house with 1,216 ft2 of internal area and sits on a 665 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Geralds Close, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
7, Geralds Close, Lincoln has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2022.
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 7 Geralds Close Lincoln as £441,872 and the rental value as £1,387 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 7 Geralds Close Lincoln has increased by £6,446 (1.5%) and its rental value has increased by £31 per month (2.2%).
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 7, Geralds Close, Lincoln is in very good condition we estimate a sale value of £463,965 and rental value of £1,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,941 and a rental value of £1,290 per month.
If you were able to purchase this property for the estimated value of £441,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,172 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, Geralds Close, Lincoln sits on a plot of 665m2.
We have plot size data on 15 out of 21 other houses in the postcode and 7, Geralds Close, Lincoln sits on the 9th largest plot.
According to HM Land Registry, 7, Geralds Close, Lincoln was last sold on 25 Jul 1996 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Geralds Close, Lincoln within a radius of 569m over the last 2 years.
The most recent example is 41, Nettleham Road, Lincoln, LN2 1RW, a Freehold house which sold for £405,000 in Feb 2024.
Read more about house prices in LN2.
Geralds Close, Lincoln, LN2 has a total of 21 addresses. According to our analysis of all the public data, 7, Geralds Close, Lincoln is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £197k more expensive than the average property in LN2.
7, Geralds Close, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2022.
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, Geralds Close, Lincoln is Lincoln station which is 1.6 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, Geralds Close, Lincoln, 47.9% of property is privately owned outright and 34.5% 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 7, Geralds Close, Lincoln, 14.6% of residents are recorded as possessing school level qualifications and 44.9% 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, Geralds 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 7, Geralds Close, Lincoln, 0.7% 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, Geralds Close, 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.