Average Price for property in Bobbin Lane, Lincoln, LN2 is around £210,696 which varies based on type of property you are interested in and ranges from £230,989 for detached house to around £189,804 for semi-detached. Similarly terraced house is around £163,858. Values have been changing and have risen £2,242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,202 in last 6 months, £14,019 in last 1 year, £28,655 in last 2 years, £25,012 in last 3 years, £19,383 in last 4 years and £22,892 in last 5 years.
Currently average asking price of a property in Bobbin Lane, Lincoln, LN2 is around £225,222 based on approximately 3 properties for sale. Same is the case with rental options based on 128 properties up for rent, average asking rent is around £550 per month.
Estimated property value in Bobbin Lane, Lincoln, LN2 is £210,696. Average asking price is £225,222 while average price paid is £199,165 which is up by £14,019 and Avg. asking rent £550.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 Bobbin Lane, Lincoln, LN2 area. In last 1 year alone average price buyer paid is around £199,165 based on approximately 3 sales in Bobbin Lane, Lincoln, LN2 area alone. If you compare it to last 3 years sales of 39 properties where buyers paid around £192,558. 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 £191,190 for 46 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £187,187 per sale.