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23 Monks Road is a residential building situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 47th largest and 242nd most expensive of the 288 buildings in the LN2 area.
The building contains a total of 2 properties: 2 flats.
23 Monks Road is a residential building situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 47th largest and 242nd most expensive of the 288 buildings in the LN2 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £161,878 for 3 bedroom Leasehold flats (1,099 ft2) to £172,401 for 3 bedroom freehold houses with a garden (989 ft2) .
Monthly rental prices range from £749 pcm for 3 bed flats to £914 pcm for 3 bed houses.
The gross rental yield is between 5.6% and 6.4%.
The average value per square foot is £161.
The last sale in 23 Monks Road sold for £125,000 on 4th April 2014. Since then prices are up an average of 40.6%.
The current average value in the building is £167,140.
The 23 Monks Road Sales Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £167,140 |
| May 2025 | 4% | £168,475 |
| May 2024 | -2.6% | £162,048 |
| May 2023 | 1% | £166,439 |
| May 2022 | 7.7% | £164,811 |
| May 2021 | 7.1% | £152,988 |
| May 2020 | 0.8% | £142,779 |
| May 2019 | 3.1% | £141,646 |
| May 2018 | 3.3% | £137,409 |
| May 2017 | 3.3% | £133,048 |
| May 2016 | 3.7% | £128,748 |
| May 2015 | 3.7% | £124,149 |
| May 2014 | 7.7% | £119,738 |
| May 2013 | 2% | £111,141 |
| May 2012 | -1.3% | £108,914 |
| May 2011 | -0.5% | £110,313 |
| May 2010 | 2.7% | £110,886 |
| May 2009 | -9.1% | £108,010 |
| May 2008 | -1.9% | £118,789 |
| May 2007 | 0% | £121,110 |
The current average rental value in the building is £832.
The 23 Monks Road Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.5% | £832pcm |
| May 2025 | 2.9% | £796pcm |
| May 2024 | 7.4% | £774pcm |
| May 2023 | 8% | £721pcm |
| May 2022 | 4.8% | £667pcm |
| May 2021 | 3.2% | £637pcm |
| May 2020 | 1.5% | £617pcm |
| May 2019 | 1.6% | £608pcm |
| May 2018 | 0.3% | £599pcm |
| May 2017 | 2.4% | £597pcm |
| May 2016 | 2.9% | £583pcm |
| May 2015 | 1.8% | £567pcm |
| May 2014 | 3.9% | £557pcm |
| May 2013 | 0.9% | £536pcm |
| May 2012 | 1.2% | £531pcm |
| May 2011 | 0.9% | £525pcm |
| May 2010 | -1.3% | £520pcm |
| May 2009 | -2.9% | £526pcm |
| May 2008 | 1.4% | £542pcm |
| May 2007 | 0% | £535pcm |
The last sale was on 4th April 2014 for £125,000 and since then the market in the area has increased by 40.6%. The building has had a total of 2 sales since 1995.
23, Monks Road, Lincoln, LN2 5HL has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 23, Monks Road, Lincoln, LN2 5HL is Lincoln station which is 600 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 23, Monks Road, Lincoln, LN2 5HL, 69.7% of property is privately rented and 20.2% is socially rented.
The graph below shows how this compares to East Midlands 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 23, Monks Road, Lincoln, LN2 5HL, 54.1% of residents are recorded as possessing school level qualifications and 25.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Monks Road, Lincoln, LN2 5HL, 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 23, Monks Road, Lincoln, LN2 5HL, 0.3% 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 23, Monks Road, Lincoln, LN2 5HL, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.