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5 Monks Road is a residential building situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 76th largest and 52nd most expensive of the 288 buildings in the LN2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
5 Monks Road is a residential building situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 76th largest and 52nd most expensive of the 288 buildings in the LN2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £73,008 for 1 bedroom leasehold flats (333 ft2) to £83,805 for 1 bedroom leasehold flats (333 ft2) .
Monthly rental prices range from £529 pcm for 1 bed flats to £548 pcm for 1 bed flats.
The gross rental yield is between 7.9% and 8.7%.
The average value per square foot is £235.
The last sale in 5 Monks Road sold for £80,000 on 22nd February 2022. Since then prices are up an average of 40.9%.
The current average value in the building is £78,406.
The 5 Monks Road Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £78,406 |
| May 2025 | 2.8% | £79,023 |
| May 2024 | -1% | £76,877 |
| May 2023 | 0.1% | £77,649 |
| May 2022 | 6.2% | £77,597 |
| May 2021 | 6% | £73,057 |
| May 2020 | 1.9% | £68,937 |
| May 2019 | 3.6% | £67,636 |
| May 2018 | 1.4% | £65,280 |
| May 2017 | 3.1% | £64,362 |
| May 2016 | 2.4% | £62,426 |
| May 2015 | 4% | £60,934 |
| May 2014 | 5% | £58,591 |
| May 2013 | 1.5% | £55,787 |
| May 2012 | -1.3% | £54,987 |
| May 2011 | -0.6% | £55,722 |
| May 2010 | 0.5% | £56,047 |
| May 2009 | -11.1% | £55,763 |
| May 2008 | 0.3% | £62,747 |
| May 2007 | 0% | £62,567 |
The current average rental value in the building is £539.
The 5 Monks Road Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £539pcm |
| May 2025 | 3.2% | £518pcm |
| May 2024 | 7.7% | £502pcm |
| May 2023 | 7% | £466pcm |
| May 2022 | 4.4% | £435pcm |
| May 2021 | 3% | £417pcm |
| May 2020 | 2.3% | £405pcm |
| May 2019 | 1.1% | £396pcm |
| May 2018 | -0.3% | £391pcm |
| May 2017 | 1.4% | £393pcm |
| May 2016 | 1.9% | £387pcm |
| May 2015 | 1.9% | £380pcm |
| May 2014 | 2% | £373pcm |
| May 2013 | 0.3% | £365pcm |
| May 2012 | 1.6% | £364pcm |
| May 2011 | 0.4% | £358pcm |
| May 2010 | -3.6% | £357pcm |
| May 2009 | -4.9% | £370pcm |
| May 2008 | 4.3% | £390pcm |
| May 2007 | 0% | £373pcm |
The last sale was on 22nd February 2022 for £80,000 and since then the market in the area has increased by 40.9%. The building has had a total of 2 sales since 1995.
5, 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 5, Monks Road, Lincoln, LN2 5HL is Lincoln station which is 600 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 5, Monks Road, Lincoln, LN2 5HL, 36.6% of property is privately rented and 31.3% is privately owned with a mortgage.
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 5, Monks Road, Lincoln, LN2 5HL, 21.2% of residents are recorded as possessing school level qualifications and 27.7% 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 5, 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 5, Monks Road, Lincoln, LN2 5HL, 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 5, Monks Road, Lincoln, LN2 5HL, 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.