Average Price for property in Cannon Street, Lincoln, LN2 is around £64,045 which varies based on type of property you are interested in and ranges from £50,024 for terraced house to around £65,797 for a flat. Values have been changing and have risen £704 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,260 in last 6 months, £4,399 in last 1 year, £8,992 in last 2 years, £7,854 in last 3 years, £6,096 in last 4 years and £7,200 in last 5 years.
Currently average asking price of a property in Cannon Street, Lincoln, LN2 is around £225,222 based on approximately 0 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 Cannon Street, Lincoln, LN2 is £64,045. Average asking price is £225,222 while average price paid is £49,000 which is up by £7,854 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 Cannon Street, Lincoln, LN2 area. In last 3 years alone average price buyer paid is around £49,000 based on approximately 1 sales in Cannon Street, Lincoln, LN2 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £52,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £52,000 for 2 per sale.