Flat 3, 26A
Flat 3, 26A
Description & Estimates
Flat 3, 26A, Cross Street, Lincoln appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 430 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 26A, Cross Street, Lincoln is £98,444 and its rental estimate is £623 per month, given the available information and assuming reasonable condition.
26A, Cross Street is a residential building on Cross Street, Lincoln, LN5 and falls within the LN5 postal district and the borough of Lincoln.
Our Data Sources
Flat 3, 26A, Cross Street, Lincoln has 2 entries in the Land Registry , most recently in April 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, 26A, Cross Street, Lincoln, we estimate a market value of £103,366 and a rental value of £654 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,553 and £579 per month respectively.
Recent Market Change
Over the last year, Flat 3, 26A, Cross Street, Lincoln has seen its estimated sale value fall by £1,564 (1.6%) and its estimated rental value move up by £22 per month (3.5%). This results in an estimated gross rental yield of 7.6%.
Sold Prices
The most recent sale of Flat 3, 26A, Cross Street, Lincoln completed on 28th April 2023 at £77,500 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 21.9% over the period since April 2023.
- Sold Apr 2023£77,500
- Sold Sep 2017£64,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 26A, Cross Street, Lincoln have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was Flat 1, 98, Portland Street, Lincoln, LN5 7LE, a leasehold flat which sold for £544,680.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 119 addresses on Cross Street, Lincoln, LN5, Flat 3, 26A, Cross Street, Lincoln comes out as the 118th largest and the 112th most expensive in our analysis of the public data.
It is also £121k less expensive than the average property across the LN5 district.
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Schools Nearby
- 400mThe Lincoln Bishop King Church of England Primary School
- 500mThe Lincoln St Peter at Gowts Church of England Primary School
- 1.3kmLincoln Monks Abbey Primary School
- 1.1kmLincoln UTC
- 1.7kmThe Priory Academy LSST
- 2.1kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From Flat 3, 26A, Cross Street, Lincoln, the nearest station is Lincoln, 400 metres away.
- 400mLincoln
- 5.1kmHykeham
- 9.7kmSaxilby
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 low, based on Environment Agency data.
