2, Parksgate Avenue
2, Parksgate Avenue
Description & Estimates
2, Parksgate Avenue, Lincoln is recorded publicly as a modern freehold house across 850 ft2 of internal area, sitting on a 137 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Parksgate Avenue, Lincoln is £238,505 and its rental estimate is £1,047 per month, given the available information and assuming reasonable condition.
Parksgate Avenue, Lincoln, LN6 falls within the LN6 postal district, in the borough of Lincoln.
Our Data Sources
2, Parksgate Avenue, Lincoln has 3 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated April 2018.
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
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, Parksgate Avenue, Lincoln, we estimate a market value of £250,430 and a rental value of £1,100 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,810 and £974 per month respectively.
Recent Market Change
Over the last year, 2, Parksgate Avenue, Lincoln has seen its estimated sale value move down by £3,075 (1.3%) and its estimated rental value increase by £31 per month (3.0%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 2, Parksgate Avenue, Lincoln as measuring 137 m2.
That makes it the 35th largest plot in the postcode, where all 36 other houses have recorded plot data.
Energy Efficiency
2, Parksgate Avenue, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 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 2, Parksgate Avenue, Lincoln completed on 16th December 2022 at £250,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 2.7% over the period since December 2022.
- Sold Dec 2022£250,000
- Sold Jan 2019£185,000
- Sold Feb 2012£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Parksgate Avenue, Lincoln have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th October 2024, was 178, Doddington Road, Lincoln, LN6 7HF, a freehold house which sold for £190,000.
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
Of the 36 addresses on Parksgate Avenue, Lincoln, LN6, 2, Parksgate Avenue, Lincoln comes out as the 26th largest and the 30th most expensive in our analysis of the public data.
It is also £7k more expensive than the average property across the LN6 district.
More reading links
Schools Nearby
- 1.0kmLing Moor Primary Academy
- 1.2kmHartsholme Academy
- 1.3kmFosse Way Academy
- 1.4kmThe Priory City of Lincoln Academy
- 1.7kmSt Peter and St Paul, Catholic Voluntary Academy
- 1.8kmSir Robert Pattinson Academy
More reading links
Public Transport Nearby
From 2, Parksgate Avenue, Lincoln, the nearest station is Hykeham, 1.2 kilometres away.
- 1.2kmHykeham
- 4.0kmLincoln
- 8.7kmSwinderby
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.
