98, Hermit Street
98, Hermit Street
Description & Estimates
Public records show 98, Hermit Street, Lincoln to be a mid-century leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
98, Hermit Street, Lincoln has an estimated sale value of £81,886 and an estimated rental value of £567 per month, assuming reasonable condition and based on the information available.
Hermit Street, Lincoln, LN5 lies in the borough of Lincoln, within the LN5 postal district.
Our Data Sources
98, Hermit Street, Lincoln has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated March 2018.
We combine this information with that 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
In very good condition, we estimate 98, Hermit Street, Lincoln would be worth £85,980, with a potential rental value of £595 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £76,154, with a rental value of £527 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 98, Hermit Street, Lincoln has dropped by £1,301 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (3.5%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
98, Hermit Street, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
98, Hermit Street, Lincoln last changed hands on 28th June 2007, selling for £68,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 50.7% since June 2007.
- Sold Jun 2007£68,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of 98, Hermit Street, Lincoln across the last 2 years.
Most recently, 134, Hermit Street, Lincoln, LN5 8EG, a leasehold flat, sold at £80,000 on the 11th October 2024.
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
Our analysis of the public data ranks 98, Hermit Street, Lincoln as the 83rd largest and the 102nd most expensive of the 130 addresses on Hermit Street, Lincoln, LN5.
Against the LN5 postcode district average, it is £137k less expensive than the typical property.
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Schools Nearby
- 300mThe Lincoln St Peter at Gowts Church of England Primary School
- 500mThe Lincoln Bishop King Church of England Primary School
- 1.3kmSir Francis Hill Community Primary School
- 1.1kmLincoln UTC
- 1.7kmThe Priory Academy LSST
- 2.0kmSt Peter and St Paul, Catholic Voluntary Academy
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Public Transport Nearby
Lincoln station is the nearest stop to 98, Hermit Street, Lincoln at 300 metres away.
- 300mLincoln
- 4.9kmHykeham
- 9.5kmSaxilby
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.
