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45 Drake Street, Lincoln, Lincolnshire, LN1 1PP

How much is 45 Drake Street, Lincoln, Lincolnshire, LN1 1PP worth?

Estimated value — November 2026

£79,000

Likely range £55,000 – £116,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale November 1998

37%

confidence

Low

Typically within 16% of the sale price

Property details

Flat / Maisonette

Drake Street · Lincoln · LN1 1PP

Address

District
Lincoln
County
Lincolnshire
See house prices in LN1 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£50k£100k£150k20002002200420062008201020122014201620182020202220242026£79,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£24,944£21,423 – £29,430
2001£30,423£25,760 – £36,101
2002£40,560£33,852 – £48,598
2003£52,673£43,359 – £64,052
2004£61,415£49,884 – £75,582
2005£65,255£52,437 – £80,874
2006£66,635£52,998 – £83,286
2007£69,058£54,261 – £87,177
2008£59,669£46,254 – £76,250
2009£59,078£45,272 – £76,240
2010£56,978£43,198 – £74,474
2011£55,490£41,906 – £73,261
2012£56,781£42,591 – £75,888
2013£59,680£44,541 – £80,734
2014£63,290£52,146 – £80,470
2015£66,330£53,925 – £85,455
2016£68,992£55,334 – £90,049
2017£72,154£57,080 – £95,393
2018£73,812£57,583 – £98,831
2019£71,938£55,334 – £97,536
2020£74,427£56,433 – £102,167
2021£82,489£61,643 – £114,626
2022£86,338£63,574 – £121,432
2023£80,051£58,069 – £113,940
2024£81,430£58,178 – £117,278
2025£83,691£58,877 – £121,946
2026£79,000£55,000 – £116,000

Sale history

1997Sold
£43,000
1998Sold
-50%£21,500
2026Today — estimated
+267%£79,000

Mortgage calculator

£424

Estimated monthly repayment

£71,100

Loan amount

£81,539

Total interest

£152,639

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

45 Drake Street, Lincoln, Lincolnshire, LN1 1PP is a flat on Drake Street in Lincoln. Stede's estimated value for November 2026 is £79,000. Four in five similar homes sold within their likely range when tested; for this property that range is £55,000 to £116,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 20 similar homes in the same postcode sector (25%). The confidence score is 37 out of 100 (low): estimates like this one are typically within 16% of the eventual sale price.

It last sold in November 1998 for £21,500. It has 2 sales on record, the earliest in 1997. The current estimate is 267% higher than that price. The current owner has held it for about 28 years.

The modelled value is down 5% over the past year and down 6% over the past five years.

Among 10 nearby properties Stede tracks in the LN1 area, estimated values run from £170,000 to £258,000. This flat's £79,000 sits below that range.

Common questions

How much is 45 Drake Street, Lincoln, Lincolnshire, LN1 1PP worth?

Stede estimates 45 Drake Street, Lincoln, Lincolnshire, LN1 1PP is worth £79,000 as of November 2026, within a likely range of £55,000 to £116,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 45 Drake Street, Lincoln, Lincolnshire, LN1 1PP last sell?

It last sold in November 1998 for £21,500. There are 2 sales on record, the earliest in 1997.

What type of property is 45 Drake Street, Lincoln, Lincolnshire, LN1 1PP?

It is recorded as a Flat / Maisonette on Drake Street in the LN1 postcode area.

How reliable is this estimate?

The confidence score is 37 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 16% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 20 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 1,308 real sales of similar homes.

  • Its sale in November 1998, brought up to today with the House Price Index£57,74375%
  • 20 similar homes sold recently in the same postcode sector£142,23525%

Estimate £79,000, likely £55,000 – £116,000

Read the full methodology and data sources →