Julius Way, North Hykeham, Lincoln, LN6

Street Guide For Julius Way, North Hykeham, Lincoln, LN6

 

Julius Way, North Hykeham, Lincoln, LN6 Map

Estimated Price: £103,874
Average Asking Price: £191,594
Price change in last one year: £6,028
Average Price Paid: £149,336
Average Rent Rates: £874

 

Property Prices Breakdown in Julius Way, North Hykeham, Lincoln, LN6

Average Price for property in Julius Way, North Hykeham, Lincoln, LN6 is around £103,874 e.g. average price for detached house is around 103,874. Values have been changing and have risen £496 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,383 in last 6 months, £6,028 in last 1 year, £12,965 in last 2 years, £11,111 in last 3 years, £9,427 in last 4 years and £10,421 in last 5 years.

Currently average asking price of a property in Julius Way, North Hykeham, Lincoln, LN6 is around £191,594 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £874 per month.

Estimated property value in Julius Way, North Hykeham, Lincoln, LN6 is £103,874. Average asking price is £191,594 while average price paid is £171,500 which is up by £6,028 and Avg. asking rent £874.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 Julius Way, North Hykeham, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £171,500 based on approximately 2 sales in Julius Way, North Hykeham, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £153,778. 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 £149,336 for 18 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £149,336 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 Julius Way, North 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 Julius Way, North Hykeham, Lincoln, LN6 area.

Popular Houses in Julius Way, North 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 Julius Way, North Hykeham, Lincoln, LN6