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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 331, Monks Road, Lincoln is £259,783 and the estimated rental value is £1,261 per month.
Monks Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
331, Monks Road, Lincoln has 31 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated April 2010.
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.
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 331, Monks Road, Lincoln is in very good condition we estimate a sale value of £272,772 and a rental value of £1,324 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,598 and a rental value of £1,173 per month.
Over the last 12 months the sale value of 331 Monks Road Lincoln has decreased by an estimated £5,891 (2.3%) and its rental value has increased by an estimated £30 per month (2.4%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 331, Monks Road, Lincoln sits on a plot of 153m2.
331, Monks Road, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Apr 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 331, Monks Road, Lincoln was last sold on 28th February 2007 for £169,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2007, the market for similar properties has risen 169.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 331, Monks Road, Lincoln within a radius of 710 metres over the last 2 years.
The most recent example is 3, Tempest Street, Lincoln, LN2 5NB, a freehold house which sold for £190,000 on the 19th May 2016.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monks Road, Lincoln, LN2 has a total of 442 addresses. According to our analysis of all the public data, 331, Monks Road, Lincoln is the 24th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in LN2.
The closest station to 331, Monks Road, Lincoln is Lincoln station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 331, Monks Road, Lincoln, 40.9% of property is privately rented and 31.0% is privately owned with a mortgage.
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 331, Monks Road, Lincoln, 21.3% of residents are recorded as possessing school level qualifications and 31.1% 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 331, 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 331, Monks Road, Lincoln, 0.0% 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 331, Monks Road, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.