55B, Monks Road
55B, Monks Road
Description & Estimates
55B, Monks Road, Lincoln is described in the public record as a period apartment with 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 55B, Monks Road, Lincoln is £38,438 and its rental estimate is £304 per month, given the available information and assuming reasonable condition.
55, Monks Road is a residential building on Monks Road, Lincoln, LN2 and falls within the LN2 postal district and the borough of Lincoln.
Our Data Sources
55B, Monks Road, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated November 2016.
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 55B, Monks Road, Lincoln, we estimate a market value of £40,360 and a rental value of £319 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £35,747 and £282 per month respectively.
Recent Market Change
Over the last year, 55B, Monks Road, Lincoln has seen its estimated sale value drop by £324 (0.8%) and its estimated rental value rise by £13 per month (4.3%). This results in an estimated gross rental yield of 9.5%.
Energy Efficiency
55B, Monks Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 55B, Monks Road, Lincoln has sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2024, was 55, Monks Road, Lincoln, LN2 5HN, a leasehold flat which sold for £350,000.
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
Of the 442 addresses on Monks Road, Lincoln, LN2, 55B, Monks Road, Lincoln comes out as the 427th largest and the 440th most expensive in our analysis of the public data.
It is also £206k less expensive than the average property across the LN2 district.
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Schools Nearby
- 600mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 700mLincoln Monks Abbey Primary School
- 900mWestgate Academy
- 200mLincoln UTC
- 1.2kmLincoln Christ's Hospital School
- 1.8kmLincoln Castle Academy
More reading links
Public Transport Nearby
From 55B, Monks Road, Lincoln, the nearest station is Lincoln, 700 metres away.
- 700mLincoln
- 5.9kmHykeham
- 9.6kmSaxilby
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.
