Flat 2, 31
Flat 2, 31
Description & Estimates
Flat 2, 31, Burton Road, Lincoln is recorded publicly as a period leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 31, Burton Road, Lincoln is £145,315 and its rental estimate is £845 per month, given the available information and assuming reasonable condition.
31, Burton Road is a residential building on Burton Road, Lincoln, LN1 and falls within the LN1 postal district and the borough of Lincoln.
Our Data Sources
Flat 2, 31, Burton Road, Lincoln has 21 entries in the Land Registry , most recently in January 2017 and a single entry in the EPC database dated December 2021.
We combine this information with that 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 Flat 2, 31, Burton Road, Lincoln, we estimate a market value of £152,581 and a rental value of £887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,143 and £786 per month respectively.
Recent Market Change
Over the last year, Flat 2, 31, Burton Road, Lincoln has seen its estimated sale value fall by £976 (0.7%) and its estimated rental value move up by £38 per month (4.5%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 2, 31, Burton Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 31, Burton Road, Lincoln completed on 12th January 2017 at £132,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 2.8% over the period since January 2017.
- Sold Jan 2017£132,000
- Sold Jul 2006£92,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 31, Burton Road, Lincoln have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2021, was 128, Burton Road, Lincoln, LN1 3LW, a leasehold flat which sold for £195,000.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 344 addresses on Burton Road, Lincoln, LN1, Flat 2, 31, Burton Road, Lincoln comes out as the 273rd largest and the 290th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the LN1 district.
More reading links
Schools Nearby
- 100mWestgate Academy
- 500mMount Street Academy
- 500mThe St Faith and St Martin Church of England Junior School, Lincoln
- 800mLincoln UTC
- 1.1kmLincoln Castle Academy
- 1.5kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From Flat 2, 31, Burton Road, Lincoln, the nearest station is Lincoln, 1.2 kilometres away.
- 1.2kmLincoln
- 5.9kmHykeham
- 8.7kmSaxilby
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.
