56, Shakespeare Street
56, Shakespeare Street
Description & Estimates
56, Shakespeare Street, Lincoln is recorded publicly as a period leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 56, Shakespeare Street, Lincoln is £102,916 and its rental estimate is £675 per month, given the available information and assuming reasonable condition.
Shakespeare Street, Lincoln, LN5 falls within the LN5 postal district, in the borough of Lincoln.
Our Data Sources
56, Shakespeare Street, Lincoln has 31 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated June 2021.
We combine this information with that 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 56, Shakespeare Street, Lincoln, we estimate a market value of £108,061 and a rental value of £708 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,712 and £627 per month respectively.
Recent Market Change
Over the last year, 56, Shakespeare Street, Lincoln has seen its estimated sale value drop by £1,209 (1.2%) and its estimated rental value rise by £28 per month (4.2%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
56, Shakespeare Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2021.
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 56, Shakespeare Street, Lincoln completed on 2nd August 2013 at £72,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 49.8% over the period since August 2013.
- Sold Aug 2013£72,000
- Sold Aug 2006£79,500
- Sold Aug 2006£500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Shakespeare Street, Lincoln have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2022, was 459B, High Street, Lincoln, LN5 8JA, a leasehold flat which sold for £45,000.
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 74 addresses on Shakespeare Street, Lincoln, LN5, 56, Shakespeare Street, Lincoln comes out as the 43rd largest and the 38th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the LN5 district.
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Schools Nearby
- 400mThe Lincoln St Peter at Gowts Church of England Primary School
- 500mThe Lincoln Bishop King Church of England Primary School
- 1.1kmSir Francis Hill Community Primary School
- 1.1kmThe Priory Academy LSST
- 1.5kmSt Peter and St Paul, Catholic Voluntary Academy
- 1.8kmLincoln UTC
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Public Transport Nearby
From 56, Shakespeare Street, Lincoln, the nearest station is Lincoln, 1.0 kilometres away.
- 1.0kmLincoln
- 4.4kmHykeham
- 9.8kmSaxilby
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.
