Values have been changing and have risen £850 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,183 in last 6 months, £6,876 in last 1 year, £12,941 in last 2 years, £11,287 in last 3 years, £11,605 in last 4 years and £9,683 in last 5 years.
Currently average asking price of a property in Craven Street, Lincoln, LN5 is around £181,213 based on approximately 1 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Craven Street, Lincoln, LN5 is £97,845. Average asking price is £181,213 while average price paid is £88,500 which is up by £6,876 and Avg. asking rent £551.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 Craven Street, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £88,500 based on approximately 1 sales in Craven Street, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £74,250. 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 £77,362 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £79,908 per sale.