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167, Monks Road, Lincoln is described in the public record as a period apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 167, Monks Road, Lincoln is £89,416 and its rental estimate is £635 per month, given the available information and assuming reasonable condition.
167, Monks Road is a residential building on Monks Road, Lincoln, LN2 and falls within the LN2 postal district and the borough of Lincoln.
167, Monks Road, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 167, Monks Road, Lincoln, we estimate a market value of £93,887 and a rental value of £667 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,157 and £591 per month respectively.
Over the last year, 167, Monks Road, Lincoln has seen its estimated sale value decrease by £378 (0.4%) and its estimated rental value grow by £28 per month (4.4%). This results in an estimated gross rental yield of 8.5%.
167, Monks Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 167, Monks Road, Lincoln completed on 19th September 1997 at £53,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 167, Monks Road, Lincoln have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th October 2023, was Flat, Stamp End Garage, Stamp End, Lincoln, LN2 5DS, a leasehold flat which sold for £150,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 442 addresses on Monks Road, Lincoln, LN2, 167, Monks Road, Lincoln comes out as the 339th largest and the 350th most expensive in our analysis of the public data.
It is also £155k less expensive than the average property across the LN2 district.
From 167, Monks Road, Lincoln, the nearest station is Lincoln, 1.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 167, Monks Road, Lincoln, 39.6% of property is privately rented and 28.1% 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 167, Monks Road, Lincoln, 27.0% of residents are recorded as possessing school level qualifications and 26.5% 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 167, Monks Road, Lincoln, 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 167, Monks Road, Lincoln, 0.7% 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 167, Monks Road, Lincoln, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.