42, Monks Road
42, Monks Road
Description & Estimates
The public record lists 42, Monks Road, Lincoln as a freehold house sitting on a 79.5 m2 plot.
Comparison with its neighbours suggests a period house with 1,925 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
42, Monks Road, Lincoln has an estimated sale value of £181,346 and an estimated rental value of £906 per month, assuming reasonable condition and based on the information available.
Monks Road, Lincoln, LN2 lies in the borough of Lincoln, within the LN2 postal district.
Our Data Sources
42, Monks Road, Lincoln has 31 entries in the Land Registry , most recently in November 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 42, Monks Road, Lincoln would be worth £190,414, with a potential rental value of £951 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £168,652, with a rental value of £842 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 42, Monks Road, Lincoln has moved down by £5,063 (2.8%) over the last year. During the same period, its estimated monthly rental value has increased by £17 (1.9%). The property's estimated gross yield is currently 6.0%.
Plot Size
42, Monks Road, Lincoln occupies a 79 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
42, Monks Road, Lincoln last changed hands on 2nd November 2010, selling for £155,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 19.8% since November 2010.
- Sold Nov 2010£155,000
- Sold Jun 2004£129,950
- Sold Feb 2003£65,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 42, Monks Road, Lincoln across the last 2 years.
Most recently, 24, Avondale Street, Lincoln, LN2 5BL, a freehold house, sold at £182,500 on the 31st October 2023.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 42, Monks Road, Lincoln as the 18th largest and the 102nd most expensive of the 442 addresses on Monks Road, Lincoln, LN2.
Against the LN2 postcode district average, it is £64k less expensive than the typical property.
More reading links
Schools Nearby
- 500mLincoln Monks Abbey Primary School
- 500mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 1.0kmWestgate Academy
- 300mLincoln UTC
- 1.1kmLincoln Christ's Hospital School
- 1.8kmLincoln Castle Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 42, Monks Road, Lincoln at 800 metres away.
- 800mLincoln
- 6.0kmHykeham
- 9.8kmSaxilby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
