According to the public record, 7, Newport Court, Lincoln is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Newport Court, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
7, Newport Court, Lincoln has 21 entries in the Land Registry database, most recently in November 2007 and a single entry in the EPC database dated September 2019.
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 Newport Court Lincoln as £130,465 and the rental value as £703 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 7 Newport Court Lincoln has increased by £6,061 (4.6%) and its rental value has increased by £38 per month (5.4%).
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, Newport Court, Lincoln is in very good condition we estimate a sale value of £136,988 and rental value of £738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,332 and a rental value of £653 per month.
If you were able to purchase this property for the estimated value of £130,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £641 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 HM Land Registry, 7, Newport Court, Lincoln was last sold on 06 Nov 2007 for £142,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2007, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Newport Court, Lincoln within a radius of 490 metres over the last 2 years.
The most recent example is 2 Hursley Lodge, Northgate, Lincoln, LN2 1QS, a Leasehold flat which sold for £132,000 in Dec 2019.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newport Court, Lincoln, LN1 has a total of 15 addresses. According to our analysis of all the public data, 7, Newport Court, Lincoln is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in LN1.
7, Newport Court, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2019.
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, Newport Court, Lincoln is Lincoln station which is 1.3 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, Newport Court, Lincoln, 42.0% of property is privately rented and 27.7% 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, Newport Court, Lincoln, 12.0% of residents are recorded as possessing school level qualifications and 52.5% 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, Newport Court, 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, Newport Court, Lincoln, 0.5% 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, Newport Court, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.