Flat 5, 257
Flat 5, 257
Description & Estimates
According to the public record, Flat 5, 257, Monks Road, Lincoln is a modern apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 257, Monks Road, Lincoln is £64,371 and the estimated rental value is £496 per month.
The apartment is within 257, Monks Road, Lincoln, LN2.
Monks Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
Our Data Sources
Flat 5, 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
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 5, 257, Monks Road, Lincoln is in very good condition we estimate a sale value of £67,590 and a rental value of £521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,865 and a rental value of £461 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 257, Monks Road, Lincoln has declined by £543 (0.8%), while its estimated rental value has climbed by £21 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 9.2%.
Energy Efficiency
Flat 5, 257, Monks Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 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
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 5, 257, Monks Road, Lincoln within a radius of 630 metres over the last 2 years.
The most recent example is 1 York House, St. Annes Close, Lincoln, LN2 5RQ, a leasehold flat which sold for £751,021 on the 31st August 2018.
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
Monks Road, Lincoln, LN2 has a total of 442 addresses. According to our analysis of all the public data, Flat 5, 257, Monks Road, Lincoln is the 428th largest and the 395th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in LN2.
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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
The closest station to Flat 5, 257, Monks Road, Lincoln is Lincoln station, which is 1.5 kilometres away.
- 1.5kmLincoln
- 6.6kmHykeham
- 10.5kmSaxilby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
