According to the public record, 7, Old Pond Close, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 828 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Old Pond Close, Lincoln, LN6 is located in the borough of Lincoln within the LN6 postal district.
7, Old Pond Close, Lincoln has 21 entries in the Land Registry database, most recently in September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Old Pond Close Lincoln as £218,690 and the rental value as £919 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 7 Old Pond Close Lincoln has increased by £7,108 (3.3%) and its rental value has increased by £28 per month (3.1%).
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, Old Pond Close, Lincoln is in very good condition we estimate a sale value of £229,625 and rental value of £965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,382 and a rental value of £855 per month.
If you were able to purchase this property for the estimated value of £218,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,075 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, Old Pond Close, Lincoln was last sold on 27 Sep 2006 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Old Pond Close, Lincoln within a radius of 114m over the last 2 years.
The most recent example is 25, Old Pond Close, Lincoln, LN6 0LD, a Freehold house which sold for £245,000 in Apr 2023.
Read more about house prices in LN6.
Old Pond Close, Lincoln, LN6 has a total of 38 addresses. According to our analysis of all the public data, 7, Old Pond Close, Lincoln is the 17th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in LN6.
The closest station to 7, Old Pond Close, Lincoln is Hykeham station which is 2.6 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, Old Pond Close, Lincoln, 60.1% of property is privately owned outright and 22.4% 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, Old Pond Close, Lincoln, 11.6% of residents are recorded as possessing school level qualifications and 24.6% 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, Old Pond Close, Lincoln, the average age was 44.7 and the most common age was 57.
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, Old Pond Close, Lincoln, 1.4% 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, Old Pond Close, Lincoln, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.