According to the public record, 7, Riseholme Road, Lincoln is a mid-century freehold house with 3,293 ft2 of internal area and sits on a 1,098 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Riseholme Road, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
7, Riseholme Road, Lincoln has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated June 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 Riseholme Road Lincoln as £610,411 and the rental value as £1,873 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 7 Riseholme Road Lincoln has increased by £13,853 (2.3%) and its rental value has increased by £58 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, Riseholme Road, Lincoln is in very good condition we estimate a sale value of £640,931 and rental value of £1,967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £567,682 and a rental value of £1,742 per month.
If you were able to purchase this property for the estimated value of £610,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,000 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, Riseholme Road, Lincoln sits on a plot of 1098m2.
We have plot size data on 18 out of 28 other houses in the postcode and 7, Riseholme Road, Lincoln sits on the 5th largest plot.
According to HM Land Registry, 7, Riseholme Road, Lincoln was last sold on 16 Dec 2020 for £690,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Riseholme Road, Lincoln within a radius of 590 metres over the last 2 years.
The most recent example is 5, St. Johns Road, Lincoln, LN1 3DR, a Freehold house which sold for £750,000 in Apr 2021.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riseholme Road, Lincoln, LN1 has a total of 105 addresses. According to our analysis of all the public data, 7, Riseholme Road, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £367k more expensive than the average property in LN1.
7, Riseholme Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and underfloor heating, mains gas.
The closest station to 7, Riseholme Road, Lincoln is Lincoln station which is 2.3 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, Riseholme Road, Lincoln, 36.7% of property is socially rented and 20.9% 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, Riseholme Road, Lincoln, 28.1% of residents are recorded as possessing school level qualifications and 16.3% 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, Riseholme Road, Lincoln, the average age was 36.8 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, Riseholme Road, 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, Riseholme Road, 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.