King Drive, Bracebridge Heath, Lincoln, LN4

Street Guide For King Drive, Bracebridge Heath, Lincoln, LN4

 

King Drive, Bracebridge Heath, Lincoln, LN4 Map

Estimated Price: £168,498
Average Asking Price: £221,305
Price change in last one year: £11,897
Average Price Paid: £139,041
Average Rent Rates: £633

 

Property Prices Breakdown in King Drive, Bracebridge Heath, Lincoln, LN4

Average Price for property in King Drive, Bracebridge Heath, Lincoln, LN4 is around £168,498 which varies based on type of property you are interested in and ranges from £190,302 for detached house to around £134,998 for semi-detached. Similarly terraced house is around £136,848. Values have been changing and have risen £1,635 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,345 in last 6 months, £11,897 in last 1 year, £18,387 in last 2 years, £19,629 in last 3 years, £16,625 in last 4 years and £17,368 in last 5 years.

Currently average asking price of a property in King Drive, Bracebridge Heath, Lincoln, LN4 is around £221,305 based on approximately 4 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £633 per month.

Estimated property value in King Drive, Bracebridge Heath, Lincoln, LN4 is £168,498. Average asking price is £221,305 while average price paid is £150,500 which is up by £11,897 and Avg. asking rent £633.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 King Drive, Bracebridge Heath, Lincoln, LN4 area. In last 1 year alone average price buyer paid is around £150,500 based on approximately 4 sales in King Drive, Bracebridge Heath, Lincoln, LN4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £138,722. 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 £139,041 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £137,766 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 £100,000, £128,376 for a 2 bedroom house, £174,244 for a 3 bedroom house, £296,654 for a 4 bedroom house and £399,573 for a 5 bedroom house. For a flat similarly the prices varies from £109,950 for a single bedroom to £175,317 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,950. To sum up the asking prices for properties in King Drive, Bracebridge Heath, Lincoln, LN4 it comes to around average £104,975 for 1 bedroom property, £132,288 for 2 bedroom, £174,009 for 3 bedroom, £296,654 for 4 bedroom and £399,573 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 £482 for 2 bedroom to £797 for 3 bedroom and £715 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £594. You should be generally be expecting around average £504 rent per month for 2 bedroom property, £797 for 3 bedroom and approximately £685 for 4 bedroom property in King Drive, Bracebridge Heath, Lincoln, LN4 area.

Popular Houses in King Drive, Bracebridge Heath, Lincoln, LN4

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 King Drive, Bracebridge Heath, Lincoln, LN4