Flat A, 4
Flat A, 4
Description & Estimates
The public record describes Flat A, 4, Laburnum Drive, Lincoln as a mid-century apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat A, 4, Laburnum Drive, Lincoln has an estimated sale value of £122,210 and an estimated rental value of £686 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Laburnum Drive, Cherry Willingham, Lincoln, LN3.
Laburnum Drive, Cherry Willingham, Lincoln, LN3 lies in the borough of West Lindsey, within the LN3 postal district.
Our Data Sources
Flat A, 4, Laburnum Drive, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2024.
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 A, 4, Laburnum Drive, Lincoln would be worth £128,320, with a potential rental value of £720 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £113,655, with a rental value of £638 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 A, 4, Laburnum Drive, Lincoln has declined by £787 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (5.1%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat A, 4, Laburnum Drive, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat A, 4, Laburnum Drive, Lincoln last changed hands on 6th December 2002, selling for £85,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
- Sold Dec 2002£85,000
- Sold Sep 2000£40,000
- Sold Apr 1995£59,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of Flat A, 4, Laburnum Drive, Lincoln across the last 2 years.
Most recently, 4 Greenaway House, Greenaway Court, Lincoln, LN3 4JA, a leasehold flat, sold at £125,000 on the 28th October 2022.
Read more about house prices in LN3.
- Sold Oct 2022£125,000 | 2 Bed FlatGreenaway Court4 Greenaway House, Greenaway Court, Lincoln, LN3 4JA
- Sold Feb 2022£122,500 | 2 Bed FlatGreenaway Court2 Greenaway House, Greenaway Court, Lincoln, LN3 4JA
- Sold Jan 2022£125,000 | 2 Bed FlatGreenaway Court3 Greenaway House, Greenaway Court, Lincoln, LN3 4JA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat A, 4, Laburnum Drive, Lincoln as the 47th largest and the 58th most expensive of the 64 addresses on Laburnum Drive, Cherry Willingham, Lincoln, LN3.
Against the LN3 postcode district average, it is £130k less expensive than the typical property.
More reading links
Schools Nearby
- 100mCherry Willingham Primary Academy
- 1.6kmWashingborough Academy
- 1.8kmReepham Church of England Primary School
- 1.1kmThe Priory Pembroke Academy
- 4.1kmBranston Community Academy
- 4.2kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to Flat A, 4, Laburnum Drive, Lincoln at 5.5 kilometres away.
- 5.5kmLincoln
- 10.3kmHykeham
- 11.7kmMetheringham
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.
