According to the public record, 8, Swan Street, Lincoln is a modern apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Swan Street, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
8, Swan Street, Lincoln has no records in the Land Registry database and 2 entries in the EPC database, most recently in 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 Swan Street Lincoln as £153,530 and the rental value as £733 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 8 Swan Street Lincoln has increased by £7,595 (4.9%) and its rental value has increased by £42 per month (5.7%).
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, Swan Street, Lincoln is in very good condition we estimate a sale value of £161,207 and rental value of £770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,783 and a rental value of £682 per month.
If you were able to purchase this property for the estimated value of £153,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £755 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Swan Street, Lincoln within a radius of 0m over the last 2 years.
The most recent example is 11, Swan Street, Lincoln, LN2 1LF, a Leasehold flat which sold for £136,000 in Apr 2022.
Read more about house prices in LN2.
Swan Street, Lincoln, LN2 has a total of 13 addresses. According to our analysis of all the public data, 8, Swan Street, Lincoln is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in LN2.
8, Swan Street, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 8, Swan Street, Lincoln is Lincoln station which is 600 m 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, Swan Street, Lincoln, 70.2% of property is privately rented and 14.9% 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 8, Swan Street, Lincoln, 70.1% of residents are recorded as possessing school level qualifications and 24.6% 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, Swan Street, 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, Swan Street, Lincoln, 0.2% 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, Swan Street, Lincoln, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.