According to the public record, Apartment 308, One The Brayford , Lincoln is a modern apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in One The Brayford, Brayford Wharf North, Lincoln, LN1.
Brayford Wharf North, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
Apartment 308, One The Brayford , Lincoln has no records in the Land Registry database and a single entry in the EPC database dated March 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 Apartment 308 One The Brayford Lincoln as £180,372 and the rental value as £781 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Apartment 308 One The Brayford Lincoln has increased by £7,631 (4.2%) and its rental value has increased by £39 per month (5.0%).
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 Apartment 308, One The Brayford , Lincoln is in very good condition we estimate a sale value of £189,391 and rental value of £821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,746 and a rental value of £727 per month.
If you were able to purchase this property for the estimated value of £180,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £886 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 Apartment 308, One The Brayford , Lincoln within a radius of 440 metres over the last 2 years.
The most recent example is Apartment 504, One The Brayford , Brayford Wharf North, Lincoln, LN1 1BN, a Leasehold flat which sold for £158,000 in Nov 2022.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brayford Wharf North, Lincoln, LN1 has a total of 92 addresses. According to our analysis of all the public data, Apartment 308, One The Brayford , Lincoln is the 87th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in LN1.
Apartment 308, One The Brayford , Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 308, One The Brayford , Lincoln is Lincoln station which is 700 metres 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 Apartment 308, One The Brayford , Lincoln, 58.6% of property is privately rented and 20.1% 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 Apartment 308, One The Brayford , Lincoln, 38.9% of residents are recorded as possessing school level qualifications and 39.0% 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 Apartment 308, One The Brayford , 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 Apartment 308, One The Brayford , 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 Apartment 308, One The Brayford , Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.