38, Hope Street
38, Hope Street
Description & Estimates
38, Hope Street, Lincoln is recorded publicly as a modern freehold house across 570 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 38, Hope Street, Lincoln is £101,204 and its rental estimate is £607 per month, given the available information and assuming reasonable condition.
Hope Street, Lincoln, LN5 falls within the LN5 postal district, in the borough of Lincoln.
Our Data Sources
38, Hope Street, Lincoln has 31 entries in the Land Registry , most recently in October 2014 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 38, Hope Street, Lincoln, we estimate a market value of £106,265 and a rental value of £637 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,120 and £564 per month respectively.
Recent Market Change
Over the last year, 38, Hope Street, Lincoln has seen its estimated sale value decline by £1,748 (1.7%) and its estimated rental value climb by £20 per month (3.3%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
38, Hope Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2019.
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 38, Hope Street, Lincoln completed on 24th October 2014 at £117,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 105.1% over the period since October 2014.
- Sold Oct 2014£117,500
- Sold Aug 2003£85,000
- Sold Apr 2001£46,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Hope Street, Lincoln have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2022, was 78G, Canwick Road, Lincoln, LN5 8EX, a freehold house which sold for £30,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Hope Street, Lincoln, LN5, 38, Hope Street, Lincoln comes out as the 41st largest and the 41st most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the LN5 district.
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Schools Nearby
- 200mThe Lincoln Bishop King Church of England Primary School
- 600mThe Lincoln St Peter at Gowts Church of England Primary School
- 1.4kmLincoln Monks Abbey Primary School
- 1.3kmLincoln UTC
- 1.6kmThe Priory Academy LSST
- 2.2kmSt Peter and St Paul, Catholic Voluntary Academy
More reading links
Public Transport Nearby
From 38, Hope Street, Lincoln, the nearest station is Lincoln, 700 metres away.
- 700mLincoln
- 5.1kmHykeham
- 10.0kmSaxilby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
