According to the public record, Flat 2, Eastwood House 2, Lincoln is a period Leasehold apartment and with 1,470 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Eastwood House, Greetwell Road, Lincoln, LN2.
Greetwell Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
Flat 2, Eastwood House 2, Lincoln has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated February 2013.
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 Flat 2 Eastwood House 2 Lincoln as £333,404 and the rental value as £1,242 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 2 Eastwood House 2 Lincoln has increased by £17,535 (5.3%) and its rental value has increased by £74 per month (6.0%).
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 Flat 2, Eastwood House 2, Lincoln is in very good condition we estimate a sale value of £350,075 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,066 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £333,404, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,639 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, Flat 2, Eastwood House 2, Lincoln was last sold on 06 Nov 2013 for £330,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 44.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 73m radius of Flat 2, Eastwood House 2, Lincoln over the last 2 years.
The most recent example is 4, Limelands, Lincoln, LN2 4AR, a Freehold house which sold for £405,000 in Mar 2023.
Read more about house prices in LN2.
Greetwell Road, Lincoln, LN2 has a total of 80 addresses. According to our analysis of all the public data, Flat 2, Eastwood House 2, Lincoln is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in LN2.
Flat 2, Eastwood House 2, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Feb 2013.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, Eastwood House 2, Lincoln is Lincoln station which is 1.3 km 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 Flat 2, Eastwood House 2, Lincoln, 37.6% of property is privately owned outright and 26.9% is privately owned with a mortgage.
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 Flat 2, Eastwood House 2, Lincoln, 32.3% of residents are recorded as possessing school level qualifications and 54.3% 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 Flat 2, Eastwood House 2, Lincoln, the average age was 34.1 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 Flat 2, Eastwood House 2, Lincoln, 1.0% 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 Flat 2, Eastwood House 2, Lincoln, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.