According to the public record, 8, Morris Close, Lincoln is a mid-century freehold house and with 1,044 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morris Close, Dunholme, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
8, Morris Close, Lincoln has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated February 2022.
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 8 Morris Close Lincoln as £191,754 and the rental value as £939 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Morris Close Lincoln has increased by £4,966 (2.6%) and its rental value has increased by £28 per month (3.0%).
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 8, Morris Close, Lincoln is in very good condition we estimate a sale value of £201,342 and rental value of £986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,331 and a rental value of £873 per month.
If you were able to purchase this property for the estimated value of £191,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £942 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, 8, Morris Close, Lincoln sits on a plot of 183m2.
We have plot size data on 10 out of 13 other houses in the postcode and 8, Morris Close, Lincoln sits on the 8th largest plot.
According to HM Land Registry, 8, Morris Close, Lincoln was last sold on 04 Nov 2022 for £190,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Morris Close, Lincoln within a radius of 117m over the last 2 years.
The most recent example is 5, Swan Close, Lincoln, LN2 3SB, a Freehold house which sold for £151,000 in Mar 2022.
Read more about house prices in LN2.
Morris Close, Dunholme, Lincoln, LN2 has a total of 13 addresses. According to our analysis of all the public data, 8, Morris Close, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in LN2.
8, Morris Close, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2022.
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 8, Morris Close, Lincoln is Lincoln station which is 9.6 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 8, Morris Close, Lincoln, 43.4% of property is socially rented and 23.3% 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 8, Morris Close, Lincoln, 21.9% 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 8, Morris Close, Lincoln, the average age was 43.8 and the most common age was 52.
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 8, Morris Close, 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 8, Morris Close, Lincoln, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.