According to the public record, 8, Nelson Street, Lincoln is a period house with 1,119 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Nelson Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
8, Nelson Street, Lincoln has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2018.
We combine this information with public data 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 Nelson Street Lincoln as £234,488 and the rental value as £963 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 8 Nelson Street Lincoln has increased by £8,819 (3.8%) and its rental value has increased by £44 per month (4.5%).
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, Nelson Street, Lincoln is in very good condition we estimate a sale value of £246,213 and rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,074 and a rental value of £896 per month.
If you were able to purchase this property for the estimated value of £234,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,152 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, Nelson Street, Lincoln sits on a plot of 134m2.
We have plot size data on 12 out of 15 other houses in the postcode and 8, Nelson Street, Lincoln sits on the 6th largest plot.
According to HM Land Registry, 8, Nelson Street, Lincoln was last sold on 12 Dec 2002 for £79,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Nelson Street, Lincoln within a radius of 370 metres over the last 2 years.
The most recent example is 13, Richmond Road, Lincoln, LN1 1LQ, a Freehold house which sold for £216,000 in Feb 2024.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Street, Lincoln, LN1 has a total of 15 addresses. According to our analysis of all the public data, 8, Nelson Street, Lincoln is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in LN1.
8, Nelson Street, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2018.
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, Nelson Street, Lincoln is Lincoln station which is 1.0 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 8, Nelson Street, Lincoln, 59.6% of property is privately rented and 18.5% is socially rented.
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, Nelson Street, Lincoln, 68.0% of residents are recorded as possessing school level qualifications and 23.2% 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, Nelson Street, Lincoln, the average age was 28.8 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 8, Nelson Street, 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, Nelson Street, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.