2 Walmsgate, Lincoln
2 Walmsgate, Lincoln
Description & Estimates
2 Walmsgate, Lincoln appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 2,833 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 2 Walmsgate, Lincoln is £705,216 and its rental estimate is £2,309 per month, given the available information and assuming reasonable condition.
Barlings Lane, Langworth, Lincoln, LN3 falls within the LN3 postal district, in the borough of West Lindsey.
Our Data Sources
2 Walmsgate, Lincoln has a single entry in the Land Registry from August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2 Walmsgate, Lincoln, we estimate a market value of £740,477 and a rental value of £2,424 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £655,851 and £2,147 per month respectively.
Recent Market Change
Over the last year, 2 Walmsgate, Lincoln has seen its estimated sale value decline by £22,236 (3.2%) and its estimated rental value climb by £57 per month (2.5%). This results in an estimated gross rental yield of 3.9%.
Sold Prices
The most recent sale of 2 Walmsgate, Lincoln completed on 31st August 2021 at £645,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.5% over the period since August 2021.
- Sold Aug 2021£645,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Walmsgate, Lincoln have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2024, was 6, Saxon Fields, Lincoln, LN2 2YX, a freehold house which sold for £782,500.
Read more about house prices in LN3.
- Sold Oct 2024£782,500 | 5 Bed House6, Saxon Fields, Lincoln, LN2 2YX6, Saxon Fields, Lincoln, LN2 2YX
- Sold Nov 2021£650,000 | 5 Bed House3 Walmsgate, Barlings Lane, Lincoln, LN3 5DP3 Walmsgate, Barlings Lane, Lincoln, LN3 5DP
- Sold Oct 2020£620,000 | 5 Bed House1, Ash Grove, Lincoln, LN2 2GJ1, Ash Grove, Lincoln, LN2 2GJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 67 addresses on Barlings Lane, Langworth, Lincoln, LN3, 2 Walmsgate, Lincoln comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £453k more expensive than the average property across the LN3 district.
More reading links
Schools Nearby
- 3.1kmEllison Boulters Church of England Primary School
- 3.7kmReepham Church of England Primary School
- 4.3kmFiskerton Church of England Primary School
- 4.7kmThe Priory Pembroke Academy
- 6.0kmWilliam Farr CofE Comprehensive School
- 8.6kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From 2 Walmsgate, Lincoln, the nearest station is Lincoln, 10.4 kilometres away.
- 10.4kmLincoln
- 13.2kmMarket Rasen
- 14.9kmMetheringham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
