4, Monks Leys Terrace
4, Monks Leys Terrace
Description & Estimates
Public records show 4, Monks Leys Terrace, Lincoln to be a period freehold house with 1,420 ft2 of internal area, sitting on a 118 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Monks Leys Terrace, Lincoln has an estimated sale value of £200,472 and an estimated rental value of £1,000 per month, assuming reasonable condition and based on the information available.
Monks Leys Terrace, Lincoln, LN2 lies in the borough of Lincoln, within the LN2 postal district.
Our Data Sources
4, Monks Leys Terrace, Lincoln has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated September 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
In very good condition, we estimate 4, Monks Leys Terrace, Lincoln would be worth £210,496, with a potential rental value of £1,050 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £186,439, with a rental value of £930 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Monks Leys Terrace, Lincoln has decreased by £4,546 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (2.4%). The property's estimated gross yield is currently 6.0%.
Plot Size
4, Monks Leys Terrace, Lincoln occupies a 118 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
4, Monks Leys Terrace, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2018.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Monks Leys Terrace, Lincoln last changed hands on 17th August 2020, selling for £154,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 89.8% since August 2020.
- Sold Aug 2020£154,000
- Sold Jul 2010£124,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 4, Monks Leys Terrace, Lincoln across the last 2 years.
Most recently, 17, Cheviot Street, Lincoln, LN2 5JD, a freehold house, sold at £170,000 on the 9th January 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Monks Leys Terrace, Lincoln as the 4th largest and the 4th most expensive of the 6 addresses on Monks Leys Terrace, Lincoln, LN2.
Against the LN2 postcode district average, it is £44k less expensive than the typical property.
More reading links
Schools Nearby
- 400mLincoln Monks Abbey Primary School
- 400mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 1.0kmWestgate Academy
- 400mLincoln UTC
- 1.0kmLincoln Christ's Hospital School
- 1.8kmLincoln Castle Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 4, Monks Leys Terrace, Lincoln at 1.0 kilometres away.
- 1.0kmLincoln
- 6.1kmHykeham
- 9.8kmSaxilby
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
