According to the public record, 8, Outer Circle Drive, Lincoln is a mid-century freehold house and with 1,356 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Outer Circle Drive, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
8, Outer Circle Drive, Lincoln has 21 entries in the Land Registry database, most recently in April 2015 and a single entry in the EPC database dated September 2014.
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 Outer Circle Drive Lincoln as £240,484 and the rental value as £1,090 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Outer Circle Drive Lincoln has increased by £9,086 (3.8%) and its rental value has increased by £51 per month (4.6%).
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, Outer Circle Drive, Lincoln is in very good condition we estimate a sale value of £252,508 and rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,650 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £240,484, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,182 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, Outer Circle Drive, Lincoln sits on a plot of 406m2.
We have plot size data on 4 out of 15 other houses in the postcode and 8, Outer Circle Drive, Lincoln sits on the 3rd largest plot.
According to HM Land Registry, 8, Outer Circle Drive, Lincoln was last sold on 28 Apr 2015 for £172,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2015, the market for similar properties has risen 43.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Outer Circle Drive, Lincoln within a radius of 397m over the last 2 years.
The most recent example is 90, Venables Way, Lincoln, LN2 4WN, a Freehold house which sold for £275,000 in Jun 2024.
Read more about house prices in LN2.
Outer Circle Drive, Lincoln, LN2 has a total of 129 addresses. According to our analysis of all the public data, 8, Outer Circle Drive, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in LN2.
8, Outer Circle Drive, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2014.
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, Outer Circle Drive, Lincoln is Lincoln station which is 2.7 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, Outer Circle Drive, Lincoln, 82.3% of property is socially rented and 6.9% 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 8, Outer Circle Drive, Lincoln, 28.2% of residents are recorded as possessing school level qualifications and 11.0% 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, Outer Circle Drive, Lincoln, the average age was 34.1 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, Outer Circle Drive, 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, Outer Circle Drive, Lincoln, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.