5, Read Way
5, Read Way
Description & Estimates
According to the public record, 5, Read Way, Lincoln is a modern house with 656 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Read Way, Lincoln is £154,980 and the estimated rental value is £784 per month.
Read Way, Coningsby, Lincoln, LN4 is located in the borough of East Lindsey within the LN4 postal district.
Our Data Sources
5, Read Way, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
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 5, Read Way, Lincoln is in very good condition we estimate a sale value of £162,729 and a rental value of £823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,132 and a rental value of £729 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Read Way, Lincoln has moved down by £3,626 (2.3%), while its estimated rental value has increased by £26 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, 5, Read Way, Lincoln sits on a plot of 245 m2.
We have plot size data on 23 out of 29 other houses in the postcode and 5, Read Way, Lincoln sits on the 17th largest plot.
Energy Efficiency
5, Read Way, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Read Way, Lincoln was last sold on 29th May 2003 for £81,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold May 2003£81,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Read Way, Lincoln within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 10, Lee Avenue, Lincoln, LN4 4GY, a freehold house which sold for £133,000 on the 21st October 2024.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Read Way, Coningsby, Lincoln, LN4 has a total of 29 addresses. According to our analysis of all the public data, 5, Read Way, Lincoln is the 22nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in LN4.
More reading links
Schools Nearby
- 800mConingsby St Michael's Church of England Primary School
- 1.5kmTattershall Primary School
- 1.6kmTattershall Holy Trinity Church of England Primary School
- 1.1kmThe Barnes Wallis Academy
- 11.2kmThe Banovallum School
- 11.4kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearby
The closest station to 5, Read Way, Lincoln is Hubberts Bridge station, which is 15.2 kilometres away.
- 15.2kmHubberts Bridge
- 15.4kmSwineshead
- 15.5kmMetheringham
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.
