Flat 3, Globe House
Flat 3, Globe House
Description & Estimates
Flat 3, Globe House, Lincoln is described in the public record as a period apartment with 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Globe House, Lincoln is £101,072 and its rental estimate is £669 per month, given the available information and assuming reasonable condition.
Globe House, Ripon Street is a residential building on Ripon Street, Lincoln, LN5 and falls within the LN5 postal district and the borough of Lincoln.
Our Data Sources
Flat 3, Globe House, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
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, Globe House, Lincoln, we estimate a market value of £106,126 and a rental value of £702 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,997 and £622 per month respectively.
Recent Market Change
Over the last year, Flat 3, Globe House, Lincoln has seen its estimated sale value decrease by £1,605 (1.6%) and its estimated rental value grow by £24 per month (3.5%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
Flat 3, Globe House, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Globe House, Lincoln have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 129, Canwick Road, Lincoln, LN5 8EY, a leasehold flat which sold for £39,000.
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 152 addresses on Ripon Street, Lincoln, LN5, Flat 3, Globe House, Lincoln comes out as the 120th largest and the 132nd most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the LN5 district.
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Schools Nearby
- 300mThe Lincoln Bishop King Church of England Primary School
- 600mThe Lincoln St Peter at Gowts Church of England Primary School
- 1.3kmLincoln Monks Abbey Primary School
- 1.2kmLincoln UTC
- 1.7kmThe Priory Academy LSST
- 2.2kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From Flat 3, Globe House, Lincoln, the nearest station is Lincoln, 600 metres away.
- 600mLincoln
- 5.1kmHykeham
- 10.0kmSaxilby
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.
