Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Flat 2, 163, West Parade, Lincoln is described in the public record as a period apartment with 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 2, 163, West Parade, Lincoln is £66,582 and its rental estimate is £446 per month, given the available information and assuming reasonable condition.
163, West Parade is a residential building on West Parade, Lincoln, LN1 and falls within the LN1 postal district and the borough of Lincoln.
Flat 2, 163, West Parade, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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.
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 Flat 2, 163, West Parade, Lincoln, we estimate a market value of £69,911 and a rental value of £468 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £61,922 and £415 per month respectively.
Over the last year, Flat 2, 163, West Parade, Lincoln has seen its estimated sale value fall by £740 (1.1%) and its estimated rental value move up by £21 per month (4.7%). This results in an estimated gross rental yield of 8.0%.
Flat 2, 163, West Parade, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties have sold within 470 metres of Flat 2, 163, West Parade, Lincoln, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2014, was 169, West Parade, Lincoln, LN1 1QS, a freehold house which sold for £163,500.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 249 addresses on West Parade, Lincoln, LN1, Flat 2, 163, West Parade, Lincoln comes out as the 245th largest and the 248th most expensive in our analysis of the public data.
It is also £175k less expensive than the average property across the LN1 district.
From Flat 2, 163, West Parade, Lincoln, the nearest station is Lincoln, 1.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 163, West Parade, Lincoln, 66.4% of property is privately rented and 15.7% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 163, West Parade, Lincoln, 69.4% of residents are recorded as possessing school level qualifications and 23.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 163, West Parade, Lincoln, the average age was 28.8 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 163, West Parade, Lincoln, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 163, West Parade, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
