Average Price for property in Far Lane, Coleby, Lincoln, LN5 is around £292,482 which varies based on type of property you are interested in and ranges from £293,109 for detached house to around £314,216 for semi-detached. Similarly terraced house is around £159,564. Values have been changing and have risen £2,472 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,259 in last 6 months, £20,005 in last 1 year, £37,651 in last 2 years, £32,824 in last 3 years, £33,735 in last 4 years and £28,121 in last 5 years.
Currently average asking price of a property in Far Lane, Coleby, 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 Far Lane, Coleby, Lincoln, LN5 is £292,482. Average asking price is £181,213 while average price paid is £330,000 which is up by £20,005 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 Far Lane, Coleby, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £330,000 based on approximately 1 sales in Far Lane, Coleby, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £290,000. 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 £290,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £290,000 per sale.