According to the public record, 71, Cecil Street, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 919 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cecil Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
71, Cecil Street, Lincoln has 51 entries in the Land Registry database, most recently in January 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 71 Cecil Street Lincoln as £198,732 and the rental value as £876 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 71 Cecil Street Lincoln has increased by £6,960 (3.5%) and its rental value has increased by £38 per month (4.3%).
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 71, Cecil Street, Lincoln is in very good condition we estimate a sale value of £208,669 and rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,821 and a rental value of £815 per month.
If you were able to purchase this property for the estimated value of £198,732, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £977 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, 71, Cecil Street, Lincoln was last sold on 27 Jan 2006 for £147,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Cecil Street, Lincoln within a radius of 420 metres over the last 2 years.
The most recent example is 3, Chestnut Street, Lincoln, LN1 3HB, a Freehold house which sold for £168,800 in Jun 2024.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cecil Street, Lincoln, LN1 has a total of 107 addresses. According to our analysis of all the public data, 71, Cecil Street, Lincoln is the 44th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in LN1.
The closest station to 71, Cecil Street, 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 71, Cecil Street, 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 71, Cecil Street, 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 71, Cecil Street, 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 71, Cecil Street, 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 71, Cecil Street, 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.