Values have been changing and have risen £527 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,537 in last 6 months, £6,421 in last 1 year, £13,813 in last 2 years, £11,837 in last 3 years, £10,043 in last 4 years and £11,104 in last 5 years.
Currently average asking price of a property in Hemswell Avenue, Lincoln, LN6 is around £192,077 based on approximately 4 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £876 per month.
Estimated property value in Hemswell Avenue, Lincoln, LN6 is £119,214. Average asking price is £192,077 while average price paid is £113,250 which is up by £6,421 and Avg. asking rent £876.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 Hemswell Avenue, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £113,250 based on approximately 4 sales in Hemswell Avenue, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £108,500. 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 £111,992 for 7 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £110,197 per sale.