Values have been changing and have risen £1,147 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,683 in last 6 months, £7,169 in last 1 year, £14,651 in last 2 years, £12,791 in last 3 years, £9,917 in last 4 years and £11,714 in last 5 years.
Currently average asking price of a property in Cromwell Street, 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 Cromwell Street, Lincoln, LN2 is £107,100. Average asking price is £225,222 while average price paid is £100,816 which is up by £7,169 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 Cromwell Street, Lincoln, LN2 area. In last 1 year alone average price buyer paid is around £100,816 based on approximately 3 sales in Cromwell Street, Lincoln, LN2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £84,411. 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 £84,307 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £88,835 per sale.