162 West Parade, Lincoln, Lincolnshire, LN1 1LF
By The County Property Auction
£ 310,000
Reviews
3 out of 5 stars
The County Property Auction says ..
For Sale by Live Stream Auction 30th April 2025 - 7 Bed Student HMO - Close to University & City Centre - let at £38,237 p/a - Let until August 2025 - Buyers Fee £900 + VAT
Property Oracle says ..
The property is a 7-bedroom, 3-bathroom terraced house located at 162 West Parade, Lincoln, Lincolnshire. It is listed at £310,000 and has a floor area of 1,169.18 sqft. The property appears to be in good condition, based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings in the kitchen and bathrooms. There is no visible evidence of significant damage or disrepair. The exterior is also in good condition, with a well-maintained brick facade. The property has a small rear yard, but the plot size is listed as 0.00 sqft, suggesting that the outdoor space may be limited. Considering the average price of similar properties in the area (£259,654) and the average price per sqft (£241), the list price of £310,000 seems slightly high. However, the property’s larger size (1,169.18 sqft compared to the area average of 1,073 sqft) and the number of bedrooms (7) could justify the higher price. The location, close to schools and transportation, also contributes to its value. Nearby comparable properties on West Parade range from £229,950 to £340,000, with one outlier at £37,000. This suggests that the list price is within the range of market values for similar properties in the area, although on the higher end.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 3
- Sqft (est)
- 1,169.18
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 309,000.00 £Increased by 24.83 %
- Est sale value
- 466,502.82 £Increased by 112.23 %
- Average area rental value
- 761.00 £/moIncreased by 25.79 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.96 %Increased by 1.02 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
The County Property Auction marked this listing as sold.
The County Property Auction created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The St Faith And St Martin Church Of England Junior School, Lincoln | Voluntary Controlled School | Good | 0.15 KM |
| Carholme Children'S Centre | Children's Centre Linked Site | 0.49 KM | |
| Lincolnshire Secure Unit | Secure Units | 0.51 KM | |
| University Of Lincoln | Higher Education Institutions | Good | 0.61 KM |
| The St Faith'S Church Of England Infant And Nursery School, Lincoln | Voluntary Controlled School | Good | 0.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hampton Court | £ 0 | 0 | 0.00 KM |
| Belle Vue Terrace | £ 181,863 | 0 | 0.00 KM |
| Orchard Street | £ 112,500 | 0 | 0.00 KM |
| Poplar Avenue | £ 0 | 0 | 0.00 KM |
| Saltergate | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.37 KM |
| Hykeham | 6310 | HKM | 7.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| West Parade, Lincoln, Lincolnshire, LN1 | £ 290,000 | BUY | 6 / 10 | 0.04 KM |
| Richmond Road, Lincoln, Lincolnshire, LN1 1LQ | £ 339,000 | BUY | Unknown | 0.09 KM |
| South Parade, Lincoln | £ 120,000 | BUY | 5 / 10 | 0.11 KM |
| West Parade, Lincoln, LN1 | £ 260,000 | BUY | Unknown | 0.11 KM |
| Hampton Street, Lincoln | £ 395,000 | BUY | 8 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 170 West Parade | £ 216,000 | 0.00 KM |
| 168 West Parade | £ 205,000 | 0.00 KM |
| 142 West Parade | £ 60,000 | 0.00 KM |
| 146 West Parade | £ 340,000 | 0.00 KM |
| 148 West Parade | £ 340,000 | 0.00 KM |