Flat 4, 54-55
Flat 4, 54-55
Description & Estimates
The public record describes Flat 4, 54-55, South Park, Lincoln as a period apartment with 473 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, 54-55, South Park, Lincoln has an estimated sale value of £99,987 and an estimated rental value of £634 per month, assuming reasonable condition and based on the information available.
The apartment sits within 54, South Park, Lincoln, LN5.
South Park, Lincoln, LN5 lies in the borough of Lincoln, within the LN5 postal district.
Our Data Sources
Flat 4, 54-55, South Park, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2022.
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
In very good condition, we estimate Flat 4, 54-55, South Park, Lincoln would be worth £104,986, with a potential rental value of £665 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £92,988, with a rental value of £589 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, 54-55, South Park, Lincoln has moved down by £1,588 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £22 (3.5%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
Flat 4, 54-55, South Park, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 4, 54-55, South Park, Lincoln last changed hands on 28th October 2005, selling for £75,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Oct 2005£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 4, 54-55, South Park, Lincoln across the last 2 years.
Most recently, Flat 2, 54-55, South Park, Lincoln, LN5 8ER, a leasehold flat, sold at £636,000 on the 24th March 2023.
Read more about house prices in LN5.
- Sold Mar 2023£636,000 | 2 Bed FlatFlat 2, 54-55, South Park, Lincoln, LN5 8ERFlat 2, 54-55, South Park, Lincoln, LN5 8ER
- Sold Jul 2019£135,625 | 2 Bed Flat12, Thesiger Court, Lincoln, LN5 7WB12, Thesiger Court, Lincoln, LN5 7WB
- Sold May 2011£69,000 | 2 Bed FlatFlat 5, Alexander House 68, South Park, Lincoln, LN5 8ESFlat 5, Alexander House 68, South Park, Lincoln, LN5 8ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, 54-55, South Park, Lincoln as the 97th largest and the 115th most expensive of the 120 addresses on South Park, Lincoln, LN5.
Against the LN5 postcode district average, it is £119k less expensive than the typical property.
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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
- 1.4kmSir Francis Hill Community Primary School
- 1.1kmThe Priory Academy LSST
- 1.8kmLincoln UTC
- 1.8kmSt Peter and St Paul, Catholic Voluntary Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to Flat 4, 54-55, South Park, Lincoln at 1.0 kilometres away.
- 1.0kmLincoln
- 4.7kmHykeham
- 10.1kmSaxilby
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
