Apartment 3 Mill View Court Vernon Street

    APARTMENT 3 MILL VIEW COURT, VERNON STREET, LINCOLN, LN5 7PQ

    This flat/maisonette leasehold property on Vernon Street last sold in April 2024 for £105,000. Based on price growth in the LN5 district since then, its estimated current value is £127,623 — placing it in the 8th percentile nationally and the 20th percentile within LN5. The property covers 72 m² (775 sq ft), giving an estimated value of £1,773 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £105,000

    Apr 2024

    Estimated Valuation

    £127,623

    Est. £/sq ft

    £165/sq ft

    £1,773/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateNov 2013
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2024

    £105,000

    Key Metrics

    Estimated valuation£127,623
    Value per sq ft / m²£165/sq ft (£1,773/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile20th percentile
    National percentile8th 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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