Average Price for property in Hope Street, Lincoln, LN5 is around £94,073 which varies based on type of property you are interested in and ranges from £75,407 for detached house to around £119,411 for semi-detached. Similarly terraced house is around £86,979. Values have been changing and have risen £835 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,127 in last 6 months, £6,756 in last 1 year, £12,714 in last 2 years, £11,089 in last 3 years, £11,401 in last 4 years and £9,509 in last 5 years.
Currently average asking price of a property in Hope Street, Lincoln, LN5 is around £181,213 based on approximately 2 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Hope Street, Lincoln, LN5 is £94,073. Average asking price is £181,213 while average price paid is £94,400 which is up by £6,756 and Avg. asking rent £551.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 Hope Street, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £94,400 based on approximately 2 sales in Hope Street, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £84,250. 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 £82,781 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £84,265 per sale.