161A, Monks Road
161A, Monks Road
Description & Estimates
According to the public record, 161A, Monks Road, Lincoln is a period apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 161A, Monks Road, Lincoln is £85,632 and the estimated rental value is £620 per month.
The apartment is within 161, Monks Road, Lincoln, LN2.
Monks Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
Our Data Sources
161A, Monks Road, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 161A, Monks Road, Lincoln is in very good condition we estimate a sale value of £89,913 and a rental value of £651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,637 and a rental value of £576 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 161A, Monks Road, Lincoln has moved down by £975 (1.1%), while its estimated rental value has increased by £27 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Energy Efficiency
161A, Monks Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 161A, Monks Road, Lincoln within a radius of 420 metres over the last 2 years.
The most recent example is Flat 3, 171, Monks Road, Lincoln, LN2 5JL, a leasehold flat which sold for £67,000 on the 10th April 2018.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Monks Road, Lincoln, LN2 has a total of 442 addresses. According to our analysis of all the public data, 161A, Monks Road, Lincoln is the 361st largest and the 351st most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in LN2.
More reading links
Schools Nearby
- 200mLincoln Monks Abbey Primary School
- 600mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 1.2kmWestgate Academy
- 600mLincoln UTC
- 1.1kmLincoln Christ's Hospital School
- 2.0kmLincoln Castle Academy
More reading links
Public Transport Nearby
The closest station to 161A, Monks Road, Lincoln is Lincoln station, which is 1.0 kilometres away.
- 1.0kmLincoln
- 6.2kmHykeham
- 10.0kmSaxilby
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
