Fox Covert, South Hykeham, Lincoln, LN6

Street Guide For Fox Covert, South Hykeham, Lincoln, LN6

 

Fox Covert, South Hykeham, Lincoln, LN6 Map

Estimated Price: £160,026
Average Asking Price: £191,582
Price change in last one year: £9,197
Average Price Paid: £143,073
Average Rent Rates: £871

 

Property Prices Breakdown in Fox Covert, South Hykeham, Lincoln, LN6

Average Price for property in Fox Covert, South Hykeham, Lincoln, LN6 is around £160,026 which varies based on type of property you are interested in and ranges from £186,479 for detached house to around £139,942 for semi-detached. Similarly terraced house is around £157,288. Values have been changing and have risen £756 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,635 in last 6 months, £9,197 in last 1 year, £19,783 in last 2 years, £16,950 in last 3 years, £14,374 in last 4 years and £15,889 in last 5 years.

Currently average asking price of a property in Fox Covert, South Hykeham, Lincoln, LN6 is around £191,582 based on approximately 1 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £871 per month.

Estimated property value in Fox Covert, South Hykeham, Lincoln, LN6 is £160,026. Average asking price is £191,582 while average price paid is £210,000 which is up by £9,197 and Avg. asking rent £871.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 Fox Covert, South Hykeham, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Fox Covert, South Hykeham, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £140,207. 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 £143,073 for 13 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £136,038 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £97,230, £128,519 for a 2 bedroom house, £165,041 for a 3 bedroom house, £241,383 for a 4 bedroom house and £333,860 for a 5 bedroom house. For a flat similarly the prices varies from £71,560 for a single bedroom to £94,311 for a 2 bedroom Flat. To sum up the asking prices for properties in Fox Covert, South Hykeham, Lincoln, LN6 it comes to around average £88,673 for 1 bedroom property, £121,678 for 2 bedroom, £165,041 for 3 bedroom, £241,383 for 4 bedroom and £333,860 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £478 for 1 bedroom to £583 for 2 bedrooms, £632 for 3 bedrooms, £628 for 4 bedrooms and £907 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507. You should be generally be expecting around average £479 rent per month for single bedroom property, £545 for 2 bedroom, £632 for 3 bedroom, £628 for 4 bedroom and approximately £907 for a 5 bedroom property in Fox Covert, South Hykeham, Lincoln, LN6 area.

Popular Houses in Fox Covert, South Hykeham, Lincoln, LN6

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Fox Covert, South Hykeham, Lincoln, LN6