Values have been changing and have risen £702 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,064 in last 6 months, £6,874 in last 1 year, £15,538 in last 2 years, £14,408 in last 3 years, £12,963 in last 4 years and £13,610 in last 5 years.
Currently average asking price of a property in Blenheim Road, Lincoln, LN1 is around £224,246 based on approximately 2 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £564 per month.
Estimated property value in Blenheim Road, Lincoln, LN1 is £131,612. Average asking price is £224,246 while average price paid is £161,736 which is up by £6,874 and Avg. asking rent £564.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Blenheim Road, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £161,736 based on approximately 2 sales in Blenheim Road, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £161,736. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £153,368 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £148,094 per sale.