Flat 2, 6
Flat 2, 6
Description & Estimates
According to the public record, Flat 2, 6, Laburnum Drive, Lincoln is a mid-century apartment with 624 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 Flat 2, 6, Laburnum Drive, Lincoln is £114,503 and the estimated rental value is £673 per month.
The apartment is within 6, Laburnum Drive, Cherry Willingham, Lincoln, LN3.
Laburnum Drive, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
Our Data Sources
Flat 2, 6, Laburnum Drive, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated July 2020.
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
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 Flat 2, 6, Laburnum Drive, Lincoln is in very good condition we estimate a sale value of £120,228 and a rental value of £706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,488 and a rental value of £626 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 6, Laburnum Drive, Lincoln has moved down by £737 (0.6%), while its estimated rental value has increased by £35 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 2, 6, Laburnum Drive, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 6, Laburnum Drive, Lincoln within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 3 Greenaway House, Greenaway Court, Lincoln, LN3 4JA, a leasehold flat which sold for £125,000 on the 31st January 2022.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Laburnum Drive, Cherry Willingham, Lincoln, LN3 has a total of 64 addresses. According to our analysis of all the public data, Flat 2, 6, Laburnum Drive, Lincoln is the 51st largest and the 59th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in LN3.
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Schools Nearby
- 100mCherry Willingham Primary Academy
- 1.6kmWashingborough Academy
- 1.8kmReepham Church of England Primary School
- 1.1kmThe Priory Pembroke Academy
- 4.1kmBranston Community Academy
- 4.2kmLincoln Christ's Hospital School
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Public Transport Nearby
The closest station to Flat 2, 6, Laburnum Drive, Lincoln is Lincoln station, which is 5.5 kilometres away.
- 5.5kmLincoln
- 10.3kmHykeham
- 11.7kmMetheringham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
