Average Price for property in Fern Bank, Lancaster, LA1 is around £280,467 which varies based on type of property you are interested in and ranges from £367,969 for detached house to around £249,972 for semi-detached. Similarly terraced house is around £290,084. Values have been changing and have risen £29 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £785 in last 6 months, £9,237 in last 1 year, £19,961 in last 2 years, £24,702 in last 3 years, £22,593 in last 4 years and £11,492 in last 5 years.
Currently average asking price of a property in Fern Bank, Lancaster, LA1 is around £165,270 based on approximately 0 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £544 per month.
Estimated property value in Fern Bank, Lancaster, LA1 is £280,467. Average asking price is £165,270 while average price paid is £266,666 which is up by £24,702 and Avg. asking rent £544.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 Fern Bank, Lancaster, LA1 area. In last 3 years alone average price buyer paid is around £266,666 based on approximately 3 sales in Fern Bank, Lancaster, LA1 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £248,750. 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 £224,000 for 5 per sale.