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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 2, 257, Monks Road, Lincoln is described in the public record as a modern apartment with 312 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 257, Monks Road, Lincoln is £64,371 and its rental estimate is £496 per month, given the available information and assuming reasonable condition.
257, Monks Road is a residential building on Monks Road, Lincoln, LN2 and falls within the LN2 postal district and the borough of Lincoln.
Flat 2, 257, Monks Road, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
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, 257, Monks Road, Lincoln, we estimate a market value of £67,590 and a rental value of £521 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,865 and £461 per month respectively.
Over the last year, Flat 2, 257, Monks Road, Lincoln has seen its estimated sale value decline by £543 (0.8%) and its estimated rental value climb by £21 per month (4.3%). This results in an estimated gross rental yield of 9.2%.
Flat 2, 257, Monks Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to Flat 2, 257, Monks Road, Lincoln have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2018, was 1 York House, St. Annes Close, Lincoln, LN2 5RQ, a leasehold flat which sold for £751,021.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 442 addresses on Monks Road, Lincoln, LN2, Flat 2, 257, Monks Road, Lincoln comes out as the 430th largest and the 397th most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the LN2 district.
From Flat 2, 257, Monks Road, Lincoln, the nearest station is Lincoln, 1.5 kilometres away.
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, 257, Monks Road, Lincoln, 54.6% of property is privately rented and 20.8% 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, 257, Monks Road, Lincoln, 16.4% of residents are recorded as possessing school level qualifications and 33.2% 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, 257, Monks Road, Lincoln, the average age was 34.1 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, 257, Monks Road, Lincoln, 0.0% 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, 257, Monks Road, 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.
