Average Price for property in Gray Street, Lincoln, LN1 is around £126,004 which varies based on type of property you are interested in and ranges from £148,027 for detached house to around £136,718 for semi-detached. Similarly terraced house is around £122,093. Values have been changing and have risen £667 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,910 in last 6 months, £6,529 in last 1 year, £14,758 in last 2 years, £13,685 in last 3 years, £12,313 in last 4 years and £12,929 in last 5 years.
Currently average asking price of a property in Gray Street, Lincoln, LN1 is around £224,246 based on approximately 6 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £564 per month.
Estimated property value in Gray Street, Lincoln, LN1 is £126,004. Average asking price is £224,246 while average price paid is £122,500 which is up by £6,529 and Avg. asking rent £564.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 Gray Street, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £122,500 based on approximately 6 sales in Gray Street, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £119,095. 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 £118,540 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £118,026 per sale.