Average Price for property in Fern Grove, Cherry Willingham, Lincoln, LN3 is around £139,115 which varies based on type of property you are interested in and ranges from £138,818 for detached house to around £142,674 for terraced house. Values have been changing and have risen £591 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,008 in last 6 months, £6,857 in last 1 year, £18,361 in last 2 years, £14,187 in last 3 years, £11,623 in last 4 years and £12,628 in last 5 years.
Currently average asking price of a property in Fern Grove, Cherry Willingham, Lincoln, LN3 is around £213,997 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £580 per month.
Estimated property value in Fern Grove, Cherry Willingham, Lincoln, LN3 is £139,115. Average asking price is £213,997 while average price paid is £167,000 which is up by £6,857 and Avg. asking rent £580.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 Grove, Cherry Willingham, Lincoln, LN3 area. In last 1 year alone average price buyer paid is around £167,000 based on approximately 1 sales in Fern Grove, Cherry Willingham, Lincoln, LN3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £127,000. 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 £111,571 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £120,500 per sale.