6, Monks Leys Terrace
6, Monks Leys Terrace
Description & Estimates
6, Monks Leys Terrace, Lincoln is described in the public record as a period house with 1,431 ft2 of internal area, sitting on a 161 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Monks Leys Terrace, Lincoln is £201,240 and its rental estimate is £1,002 per month, given the available information and assuming reasonable condition.
Monks Leys Terrace, Lincoln, LN2 falls within the LN2 postal district, in the borough of Lincoln.
Our Data Sources
6, Monks Leys Terrace, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data 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
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 6, Monks Leys Terrace, Lincoln, we estimate a market value of £211,302 and a rental value of £1,052 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £187,154 and £932 per month respectively.
Recent Market Change
Over the last year, 6, Monks Leys Terrace, Lincoln has seen its estimated sale value drop by £4,564 (2.3%) and its estimated rental value rise by £24 per month (2.4%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 6, Monks Leys Terrace, Lincoln as measuring 161 m2.
That makes it the 2nd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
6, Monks Leys Terrace, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 6, Monks Leys Terrace, Lincoln completed on 15th April 2005 at £158,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Apr 2005£158,000
- Sold Sep 1997£23,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Monks Leys Terrace, Lincoln have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th January 2024, was 17, Cheviot Street, Lincoln, LN2 5JD, a freehold house which sold for £170,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Monks Leys Terrace, Lincoln, LN2, 6, Monks Leys Terrace, Lincoln comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the LN2 district.
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
From 6, Monks Leys Terrace, Lincoln, the nearest station is Lincoln, 1.0 kilometres away.
- 1.0kmLincoln
- 6.1kmHykeham
- 9.8kmSaxilby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
