Flat 5, The Parade
Flat 5, The Parade
Description & Estimates
Flat 5, The Parade, Lincoln is described in the public record as a mid-century apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, The Parade, Lincoln is £126,146 and its rental estimate is £642 per month, given the available information and assuming reasonable condition.
The Parade, Cherry Willingham, Lincoln, LN3 falls within the LN3 postal district, in the borough of West Lindsey.
Our Data Sources
Flat 5, The Parade, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
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
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 Flat 5, The Parade, Lincoln, we estimate a market value of £132,453 and a rental value of £674 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £117,315 and £597 per month respectively.
Recent Market Change
Over the last year, Flat 5, The Parade, Lincoln has seen its estimated sale value drop by £812 (0.6%) and its estimated rental value rise by £33 per month (5.1%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 5, The Parade, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2021.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 5, The Parade, Lincoln have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2008, was 1 Greenaway House, Greenaway Court, Lincoln, LN3 4JA, a leasehold flat which sold for £125,000.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on The Parade, Cherry Willingham, Lincoln, LN3, Flat 5, The Parade, Lincoln comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the LN3 district.
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Schools Nearby
- 700mCherry Willingham Primary Academy
- 1.1kmReepham Church of England Primary School
- 2.1kmFiskerton Church of England Primary School
- 500mThe Priory Pembroke Academy
- 4.4kmLincoln Christ's Hospital School
- 4.8kmBranston Community Academy
More reading links
Public Transport Nearby
From Flat 5, The Parade, Lincoln, the nearest station is Lincoln, 5.9 kilometres away.
- 5.9kmLincoln
- 10.8kmHykeham
- 12.2kmMetheringham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
