According to the public record, 48A, Carholme Road, Lincoln is a period apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Carholme Road, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
48A, Carholme Road, Lincoln has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
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 48A Carholme Road Lincoln as £152,850 and the rental value as £642 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 48A Carholme Road Lincoln has increased by £7,600 (5.0%) and its rental value has increased by £37 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 48A, Carholme Road, Lincoln is in very good condition we estimate a sale value of £160,493 and rental value of £674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,151 and a rental value of £597 per month.
If you were able to purchase this property for the estimated value of £152,850, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £751 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 1 sale of a property similar to 48A, Carholme Road, Lincoln within a radius of 360 metres over the last 2 years.
The most recent example is 4, Moor Street, Lincoln, LN1 1PW, a Leasehold flat which sold for £120,000 in Feb 2020.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carholme Road, Lincoln, LN1 has a total of 246 addresses. According to our analysis of all the public data, 48A, Carholme Road, Lincoln is the 204th largest and the 171st most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in LN1.
48A, Carholme Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2020.
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 48A, Carholme Road, 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 48A, Carholme Road, Lincoln, 70.1% of property is privately rented and 10.3% 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 48A, Carholme Road, Lincoln, 67.7% of residents are recorded as possessing school level qualifications and 18.7% 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 48A, Carholme Road, 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 48A, Carholme Road, 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 48A, Carholme Road, 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.