According to the public record, 83, Carr Street, Lincoln is a mid-century leasehold apartment with 801 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Carr Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
83, Carr Street, Lincoln has a single entry in the Land Registry database from September 2013 and a single entry in the EPC database dated January 2012.
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 83 Carr Street Lincoln as £116,453 and the rental value as £670 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 83 Carr Street Lincoln has increased by £5,368 (4.6%) and its rental value has increased by £36 per month (5.4%).
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 83, Carr Street, Lincoln is in very good condition we estimate a sale value of £122,276 and rental value of £704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,301 and a rental value of £623 per month.
If you were able to purchase this property for the estimated value of £116,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £572 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, 83, Carr Street, Lincoln was last sold on 06 Sep 2013 for £77,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2013, the market for similar properties has risen 43.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Carr Street, Lincoln within a radius of 370 metres over the last 2 years.
The most recent example is 6 Blenheim Mews, Blenheim Road, Lincoln, LN1 1NH, a Leasehold flat which sold for £118,000 in Jan 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carr Street, Lincoln, LN1 has a total of 51 addresses. According to our analysis of all the public data, 83, Carr Street, Lincoln is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in LN1.
83, Carr Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2012.
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 83, Carr Street, Lincoln is Lincoln station which is 1.1 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 83, Carr Street, Lincoln, 80.8% of property is socially rented and 5.8% 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 83, Carr Street, Lincoln, 15.1% of residents are recorded as possessing school level qualifications and 19.7% 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 83, Carr 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 83, Carr 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 83, Carr Street, Lincoln, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.