Flat 3, 257
Flat 3, 257
Description & Estimates
Flat 3, 257, Monks Road, Lincoln is described in the public record as a modern apartment with 279 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 257, Monks Road, Lincoln is £61,358 and its rental estimate is £473 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.
Our Data Sources
Flat 3, 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.
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 3, 257, Monks Road, Lincoln, we estimate a market value of £64,426 and a rental value of £497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £57,063 and £440 per month respectively.
Recent Market Change
Over the last year, Flat 3, 257, Monks Road, Lincoln has seen its estimated sale value move down by £518 (0.8%) and its estimated rental value increase by £20 per month (4.3%). This results in an estimated gross rental yield of 9.2%.
Energy Efficiency
Flat 3, 257, Monks Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2023.
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
Over the past 2 years 1 property similar to Flat 3, 257, Monks Road, Lincoln has 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.
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Location Comparison
Of the 442 addresses on Monks Road, Lincoln, LN2, Flat 3, 257, Monks Road, Lincoln comes out as the 437th largest and the 403rd most expensive in our analysis of the public data.
It is also £184k less expensive than the average property across the LN2 district.
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Schools Nearby
- 300mLincoln Monks Abbey Primary School
- 1.0kmThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 1.5kmSt Giles Academy
- 1.0kmLincoln Christ's Hospital School
- 1.1kmLincoln UTC
- 2.3kmLincoln Castle Academy
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Public Transport Nearby
From Flat 3, 257, Monks Road, Lincoln, the nearest station is Lincoln, 1.5 kilometres away.
- 1.5kmLincoln
- 6.6kmHykeham
- 10.5kmSaxilby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
