8 Reed Drive

    8, REED DRIVE, LINCOLN, LN2 4FZ

    This flat/maisonette leasehold property on Reed Drive last sold in May 2017 for £110,000. Based on price growth in the LN2 district since then, its estimated current value is £131,176 — placing it in the 9th percentile nationally and the 10th percentile within LN2. The property covers 49 m² (527 sq ft), giving an estimated value of £2,677 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £110,000

    May 2017

    Estimated Valuation

    £131,176

    Est. £/sq ft

    £249/sq ft

    £2,677/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    26 May 2017

    £110,000

    1 Aug 2014

    £95,000

    Key Metrics

    Estimated valuation£131,176
    Value per sq ft / m²£249/sq ft (£2,677/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile10th percentile
    National percentile9th percentile

    District Context — LN2

    LN2 covers central Lincoln and its immediate suburbs, positioned in the East Midlands. The area combines historic character with a mix of residential neighbourhoods, serving as the city's core commercial and residential hub.

    Average Property Price - LN2

    £267,101

    33

    National percentile

    Average Net Household Income - LN2

    £37,503

    46

    National percentile

    10-Year Annualised Price Growth - LN2

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN2

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