Flat 3, The Parade
Flat 3, The Parade
Description & Estimates
According to the public record, Flat 3, The Parade, Lincoln is a mid-century apartment with 538 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 Flat 3, The Parade, Lincoln is £123,832 and the estimated rental value is £637 per month.
The Parade, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
Our Data Sources
Flat 3, The Parade, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 3, The Parade, Lincoln is in very good condition we estimate a sale value of £130,023 and a rental value of £669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,163 and a rental value of £592 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, The Parade, Lincoln has fallen by £797 (0.6%), while its estimated rental value has moved up by £33 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 3, The Parade, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, The Parade, Lincoln within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 1 Greenaway House, Greenaway Court, Lincoln, LN3 4JA, a leasehold flat which sold for £125,000 on the 28th April 2008.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Parade, Cherry Willingham, Lincoln, LN3 has a total of 7 addresses. According to our analysis of all the public data, Flat 3, The Parade, Lincoln is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in LN3.
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Schools Nearby
- 700mCherry Willingham Primary Academy
- 1.1kmReepham Church of England Primary School
- 2.1kmFiskerton Church of England Primary School
- 500mThe Priory Pembroke Academy
- 4.4kmLincoln Christ's Hospital School
- 4.8kmBranston Community Academy
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Public Transport Nearby
The closest station to Flat 3, The Parade, Lincoln is Lincoln station, which is 5.9 kilometres away.
- 5.9kmLincoln
- 10.8kmHykeham
- 12.2kmMetheringham
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.
