Flat 2 37 Redwood Drive

    FLAT 2 37, REDWOOD DRIVE, WADDINGTON, LINCOLN, LN5 9BN

    This flat/maisonette leasehold property on Redwood Drive last sold in March 2021 for £100,000. Based on price growth in the LN5 district since then, its estimated current value is £120,218 — placing it in the 7th percentile nationally and the 15th percentile within LN5. The property covers 60 m² (646 sq ft), giving an estimated value of £2,004 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £100,000

    Mar 2021

    Estimated Valuation

    £120,218

    Est. £/sq ft

    £186/sq ft

    £2,004/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Mar 2021

    £100,000

    6 Jan 2004

    £145,000

    Key Metrics

    Estimated valuation£120,218
    Value per sq ft / m²£186/sq ft (£2,004/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile15th percentile
    National percentile7th percentile

    District Context — LN5

    LN5 covers parts of central and south Lincolnshire, including areas around Lincoln and the surrounding districts. It is a mixed market with strong student and young professional presence alongside traditional residential communities.

    Average Property Price - LN5

    £239,947

    25

    National percentile

    Average Net Household Income - LN5

    £35,074

    32

    National percentile

    10-Year Annualised Price Growth - LN5

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN5

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