According to the public record, 7, Manrico Drive, Lincoln is a modern freehold house with 613 ft2 of internal area and sits on a 87.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Manrico Drive, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
7, Manrico Drive, Lincoln has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated July 2014.
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 Manrico Drive Lincoln as £188,451 and the rental value as £746 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Manrico Drive Lincoln has increased by £7,442 (3.9%) and its rental value has increased by £36 per month (4.8%).
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, Manrico Drive, Lincoln is in very good condition we estimate a sale value of £197,873 and rental value of £783 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,259 and a rental value of £694 per month.
If you were able to purchase this property for the estimated value of £188,451, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £926 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, Manrico Drive, Lincoln sits on a plot of 88m2.
We have plot size data on 29 out of 48 other houses in the postcode and 7, Manrico Drive, Lincoln sits on the 24th largest plot.
According to HM Land Registry, 7, Manrico Drive, Lincoln was last sold on 08 Feb 2021 for £147,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Manrico Drive, Lincoln within a radius of 940 metres over the last 2 years.
The most recent example is 9, Maidment Drive, Lincoln, LN1 1AL, a Freehold house which sold for £185,000 in Jul 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manrico Drive, Lincoln, LN1 has a total of 48 addresses. According to our analysis of all the public data, 7, Manrico Drive, Lincoln is the 45th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in LN1.
7, Manrico Drive, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2014.
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, Manrico Drive, Lincoln is Lincoln station which is 2.4 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 7, Manrico Drive, Lincoln, 42.0% of property is privately owned with a mortgage and 29.7% 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 7, Manrico Drive, Lincoln, 19.2% of residents are recorded as possessing school level qualifications and 46.0% 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, Manrico Drive, 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, Manrico Drive, 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 7, Manrico Drive, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.