According to the public record, Apartment 6, Roman Path Place 36, Lincoln is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 567 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Roman Path Place, Blenheim Road, Lincoln, LN1.
Blenheim Road, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
Apartment 6, Roman Path Place 36, Lincoln has a single entry in the Land Registry database from February 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 6 Roman Path Place 36 Lincoln as £146,330 and the rental value as £813 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Apartment 6 Roman Path Place 36 Lincoln has increased by £6,856 (4.7%) and its rental value has increased by £45 per month (5.5%).
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 6, Roman Path Place 36, Lincoln is in very good condition we estimate a sale value of £153,646 and rental value of £853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,087 and a rental value of £756 per month.
If you were able to purchase this property for the estimated value of £146,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £719 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 6, Roman Path Place 36, Lincoln was last sold on 20 Feb 2015 for £99,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 6, Roman Path Place 36, Lincoln within a radius of 460 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.
Blenheim Road, Lincoln, LN1 has a total of 49 addresses. According to our analysis of all the public data, Apartment 6, Roman Path Place 36, Lincoln is the 32nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in LN1.
The closest station to Apartment 6, Roman Path Place 36, Lincoln is Lincoln station which is 1.4 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 Apartment 6, Roman Path Place 36, Lincoln, 43.7% of property is privately rented and 39.4% is socially rented.
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 6, Roman Path Place 36, Lincoln, 47.1% of residents are recorded as possessing school level qualifications and 23.3% 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 6, Roman Path Place 36, Lincoln, the average age was 39.2 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 6, Roman Path Place 36, 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 6, Roman Path Place 36, Lincoln, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.