According to the public record, 334, Monks Road, Lincoln is a mid-century freehold house and with 925 ft2 of internal area and sits on a 499 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monks Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
334, Monks Road, Lincoln has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 334 Monks Road Lincoln as £179,328 and the rental value as £899 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 334 Monks Road Lincoln has increased by £9,000 (5.0%) and its rental value has increased by £53 per month (5.9%).
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 334, Monks Road, Lincoln is in very good condition we estimate a sale value of £188,294 and rental value of £944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,775 and a rental value of £836 per month.
If you were able to purchase this property for the estimated value of £179,328, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £881 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 334, Monks Road, Lincoln sits on a plot of 499m2.
We have plot size data on 11 out of 22 other houses in the postcode and 334, Monks Road, Lincoln sits on the 3rd largest plot.
According to HM Land Registry, 334, Monks Road, Lincoln was last sold on 29 Jul 2022 for £176,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 334, Monks Road, Lincoln within a radius of 320m over the last 2 years.
The most recent example is 24, Hillside Avenue, Lincoln, LN2 5PT, a Freehold house which sold for £127,100 in Jul 2024.
Read more about house prices in LN2.
Monks Road, Lincoln, LN2 has a total of 450 addresses. According to our analysis of all the public data, 334, Monks Road, Lincoln is the 179th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in LN2.
334, Monks Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 334, Monks Road, Lincoln is Lincoln station which is 1.9 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 334, Monks Road, Lincoln, 41.6% of property is privately owned outright and 24.8% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 334, Monks Road, Lincoln, 18.5% of residents are recorded as possessing school level qualifications and 24.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 334, Monks Road, Lincoln, the average age was 34.1 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 334, Monks Road, Lincoln, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 334, Monks Road, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.