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345 Monks Road is a residential building situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 65th largest and 101st most expensive of the 288 buildings in the LN2 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
345 Monks Road is a residential building situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 65th largest and 101st most expensive of the 288 buildings in the LN2 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £90,525 for 2 bedroom Leasehold flats with a garden (678 ft2) to £99,710 for 2 bedroom Leasehold flats (828 ft2) .
Monthly rental prices range from £644 pcm for 2 bed flats to £645 pcm for 2 bed flats.
The gross rental yield is between 7.8% and 8.5%.
The average value per square foot is £127.
The last sale in 345 Monks Road sold for £47,000 on 28th March 2002. Since then prices are down an average of 0.0%.
The current average value in the building is £95,117.
The 345 Monks Road Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.1% | £95,117 |
| May 2025 | 1.8% | £95,067 |
| May 2024 | -0.3% | £93,383 |
| May 2023 | 0.4% | £93,706 |
| May 2022 | 5.4% | £93,353 |
| May 2021 | 5.2% | £88,581 |
| May 2020 | 2.6% | £84,237 |
| May 2019 | 4.2% | £82,102 |
| May 2018 | 0.6% | £78,819 |
| May 2017 | 4.1% | £78,364 |
| May 2016 | 1.8% | £75,254 |
| May 2015 | 4.5% | £73,939 |
| May 2014 | 4.4% | £70,732 |
| May 2013 | 2.1% | £67,763 |
| May 2012 | -2% | £66,389 |
| May 2011 | 1% | £67,722 |
| May 2010 | 2.2% | £67,072 |
| May 2009 | -9.9% | £65,605 |
| May 2008 | -1.9% | £72,841 |
| May 2007 | 0% | £74,214 |
The current average rental value in the building is £644.
The 345 Monks Road Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.6% | £644pcm |
| May 2025 | 3.7% | £616pcm |
| May 2024 | 6.9% | £595pcm |
| May 2023 | 7.4% | £556pcm |
| May 2022 | 4.7% | £518pcm |
| May 2021 | 3.1% | £495pcm |
| May 2020 | 2.6% | £480pcm |
| May 2019 | 0.7% | £468pcm |
| May 2018 | 0% | £464pcm |
| May 2017 | 1.8% | £464pcm |
| May 2016 | 1.5% | £456pcm |
| May 2015 | 2.3% | £449pcm |
| May 2014 | 2.1% | £439pcm |
| May 2013 | 0.8% | £430pcm |
| May 2012 | 1.4% | £427pcm |
| May 2011 | 1.5% | £421pcm |
| May 2010 | -2.3% | £415pcm |
| May 2009 | -3.4% | £424pcm |
| May 2008 | 2.8% | £439pcm |
| May 2007 | 0% | £428pcm |
The last sale was on 28th March 2002 for £47,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
345, Monks Road, Lincoln, LN2 5LG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 345, Monks Road, Lincoln, LN2 5LG is Lincoln station which is 1.8 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 345, Monks Road, Lincoln, LN2 5LG, 41.6% of property is privately owned outright and 24.8% is privately 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 345, Monks Road, Lincoln, LN2 5LG, 18.5% of residents are recorded as possessing school level qualifications and 24.7% 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 345, Monks Road, Lincoln, LN2 5LG, 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 345, Monks Road, Lincoln, LN2 5LG, 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 345, Monks Road, Lincoln, LN2 5LG, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.