118, Monks Road
118, Monks Road
Description & Estimates
118, Monks Road, Lincoln is described in the public record as a period house with 1,539 ft2 of internal area, sitting on a 180 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 118, Monks Road, Lincoln is £281,638 and its rental estimate is £1,221 per month, given the available information and assuming reasonable condition.
Monks Road, Lincoln, LN2 falls within the LN2 postal district, in the borough of Lincoln.
Our Data Sources
118, Monks Road, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 118, Monks Road, Lincoln, we estimate a market value of £295,720 and a rental value of £1,283 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,923 and £1,136 per month respectively.
Recent Market Change
Over the last year, 118, Monks Road, Lincoln has seen its estimated sale value move down by £6,387 (2.3%) and its estimated rental value increase by £29 per month (2.4%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 118, Monks Road, Lincoln as measuring 180 m2.
That makes it the 2nd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
118, Monks Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 118, Monks Road, Lincoln completed on 3rd May 2002 at £57,100 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold May 2002£57,100
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 118, Monks Road, Lincoln have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2011, was 83, Greetwell Road, Lincoln, LN2 4AZ, a freehold house which sold for £180,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 442 addresses on Monks Road, Lincoln, LN2, 118, Monks Road, Lincoln comes out as the 45th largest and the 10th most expensive in our analysis of the public data.
It is also £37k more expensive than the average property across the LN2 district.
More reading links
Schools Nearby
- 100mLincoln Monks Abbey Primary School
- 800mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 1.4kmSt Giles Academy
- 900mLincoln UTC
- 1.0kmLincoln Christ's Hospital School
- 2.1kmLincoln Castle Academy
More reading links
Public Transport Nearby
From 118, Monks Road, Lincoln, the nearest station is Lincoln, 1.4 kilometres away.
- 1.4kmLincoln
- 6.5kmHykeham
- 10.3kmSaxilby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
