According to the public record, Apartment 409, One The Brayford , Lincoln is a modern leasehold apartment with 462 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 409, One The Brayford , Lincoln has a single entry in the Land Registry database from April 2018 and a single entry in the EPC database dated March 2018.
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 Apartment 409 One The Brayford Lincoln as £182,497 and the rental value as £788 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Apartment 409 One The Brayford Lincoln has increased by £7,721 (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 409, One The Brayford , Lincoln is in very good condition we estimate a sale value of £191,622 and rental value of £827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,723 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £182,497, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £897 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, Apartment 409, One The Brayford , Lincoln was last sold on 05 Apr 2018 for £246,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 409, 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 409, One The Brayford , Lincoln is the 84th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in LN1.
Apartment 409, One The Brayford , Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 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 409, 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 409, 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 409, 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 409, 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 409, 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 409, 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.