2, Malvern Close
2, Malvern Close
Description & Estimates
According to the public record, 2, Malvern Close, Lincoln is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Malvern Close, Lincoln is £98,988 and the estimated rental value is £593 per month.
Malvern Close, North Hykeham, Lincoln, LN6 is located in the borough of North Kesteven within the LN6 postal district.
Our Data Sources
2, Malvern Close, Lincoln has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Malvern Close, Lincoln is in very good condition we estimate a sale value of £103,937 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,059 and a rental value of £552 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Malvern Close, Lincoln has declined by £411 (0.4%), while its estimated rental value has climbed by £21 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 7.2%.
Energy Efficiency
2, Malvern Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 2, Malvern Close, Lincoln was last sold on 17th January 2020 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen by 16.8%.
- Sold Jan 2020£70,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Malvern Close, Lincoln within a radius of 640 metres over the last 2 years.
The most recent example is 3, Malvern Close, Lincoln, LN6 9PS, a leasehold flat which sold for £89,500 on the 21st August 2017.
Read more about house prices in LN6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Malvern Close, North Hykeham, Lincoln, LN6 has a total of 43 addresses. According to our analysis of all the public data, 2, Malvern Close, Lincoln is the 28th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in LN6.
More reading links
Schools Nearby
- 500mThe North Hykeham All Saints Church of England Primary School
- 800mManor Farm Academy
- 1.3kmThe South Hykeham Community Primary School
- 700mSir Robert Pattinson Academy
- 800mNorth Kesteven Academy
- 3.9kmThe Priory City of Lincoln Academy
More reading links
Public Transport Nearby
The closest station to 2, Malvern Close, Lincoln is Hykeham station, which is 1.8 kilometres away.
- 1.8kmHykeham
- 6.2kmLincoln
- 7.5kmSwinderby
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
