16, Peel Street
16, Peel Street
Description & Estimates
Public records show 16, Peel Street, Lincoln to be a period freehold house with 699 ft2 of internal area, sitting on a 95 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Peel Street, Lincoln has an estimated sale value of £143,201 and an estimated rental value of £840 per month, assuming reasonable condition and based on the information available.
Peel Street, Lincoln, LN5 lies in the borough of Lincoln, within the LN5 postal district.
Our Data Sources
16, Peel Street, Lincoln has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Peel Street, Lincoln would be worth £150,361, with a potential rental value of £882 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £133,177, with a rental value of £781 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Peel Street, Lincoln has moved down by £2,815 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (2.8%). The property's estimated gross yield is currently 7.0%.
Plot Size
16, Peel Street, Lincoln occupies a 95 m2 plot as recorded by HM Land Registry.
Of the 87 other houses in this postcode, 77 have recorded plot sizes, and this one ranks as the 37th largest.
Energy Efficiency
16, Peel Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Peel Street, Lincoln last changed hands on 18th October 2024, selling for £140,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 44.8% since October 2024.
- Sold Oct 2024£140,000
- Sold Jan 2023£87,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of 16, Peel Street, Lincoln across the last 2 years.
Most recently, 8, Peel Street, Lincoln, LN5 8AB, a freehold house, sold at £115,000 on the 31st January 2024.
Read more about house prices in LN5.
- Sold Jan 2024£115,000 | 3 Bed House8, Peel Street, Lincoln, LN5 8AB8, Peel Street, Lincoln, LN5 8AB
- Sold Jan 2023£128,500 | 3 Bed House11, Peel Street, Lincoln, LN5 8AB11, Peel Street, Lincoln, LN5 8AB
- Sold Nov 2022£130,000 | 3 Bed House32, Peel Street, Lincoln, LN5 8AB32, Peel Street, Lincoln, LN5 8AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Peel Street, Lincoln as the 38th largest and the 56th most expensive of the 96 addresses on Peel Street, Lincoln, LN5.
Against the LN5 postcode district average, it is £76k less expensive than the typical property.
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Schools Nearby
- 300mThe Lincoln St Peter at Gowts Church of England Primary School
- 700mThe Lincoln Bishop King Church of England Primary School
- 800mSir Francis Hill Community Primary School
- 1.2kmThe Priory Academy LSST
- 1.4kmSt Peter and St Paul, Catholic Voluntary Academy
- 1.7kmLincoln UTC
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 16, Peel Street, Lincoln at 900 metres away.
- 900mLincoln
- 4.3kmHykeham
- 9.4kmSaxilby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
