162 West Parade, Lincoln, Lincolnshire, LN1 1LF
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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 %
from 247,532.00 £
Est sale value
466,502.82 £
Increased by 112.23 %
from 219,805.84 £
Average area rental value
761.00 £/mo
Increased by 25.79 %
from 605.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.96 %
Increased by 1.02 %
from 2.93 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • The County Property Auction marked this listing as sold.

  • The County Property Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Faith And St Martin Church Of England Junior School, LincolnVoluntary Controlled SchoolGood0.15 KM
Carholme Children'S CentreChildren's Centre Linked Site0.49 KM
Lincolnshire Secure UnitSecure Units0.51 KM
University Of LincolnHigher Education InstitutionsGood0.61 KM
The St Faith'S Church Of England Infant And Nursery School, LincolnVoluntary Controlled SchoolGood0.64 KM

Images

Photo 6 Photo 9 Photo 10 Photo 11 Photo 12 Photo 2 Photo 3 Photo 4 Photo 5 Photo 7 Photo 8 Photo 13 Photo 14 Photo 15 Photo 16 Photo 1

Nearby Streets

NameAverage PriceAverage SqftDistance
Hampton Court £ 000.00 KM
Belle Vue Terrace £ 181,86300.00 KM
Orchard Street £ 112,50000.00 KM
Poplar Avenue £ 000.00 KM
Saltergate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.37 KM
Hykeham6310HKM7.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
West Parade, Lincoln, Lincolnshire, LN1 £ 290,000BUY6 / 100.04 KM
Richmond Road, Lincoln, Lincolnshire, LN1 1LQ £ 339,000BUYUnknown0.09 KM
South Parade, Lincoln £ 120,000BUY5 / 100.11 KM
West Parade, Lincoln, LN1 £ 260,000BUYUnknown0.11 KM
Hampton Street, Lincoln £ 395,000BUY8 / 100.11 KM

Nearby Properties

AddressPriceDistance
170 West Parade £ 216,0000.00 KM
168 West Parade £ 205,0000.00 KM
142 West Parade £ 60,0000.00 KM
146 West Parade £ 340,0000.00 KM
148 West Parade £ 340,0000.00 KM