Lincoln Gardens, Scunthorpe, DN16

Street Guide For Lincoln Gardens, Scunthorpe, DN16

 

Lincoln Gardens, Scunthorpe, DN16 Map

Estimated Price: £117,059
Average Asking Price: £124,598
Price change in last one year: £6,669
Average Price Paid: £102,800
Average Rent Rates: £613

 

Property Prices Breakdown in Lincoln Gardens, Scunthorpe, DN16

Average Price for property in Lincoln Gardens, Scunthorpe, DN16 is around £117,059 which varies based on type of property you are interested in and ranges from £125,578 for detached house to around £117,425 for semi-detached. Similarly terraced house is around £96,475. Values have been changing and have risen £302 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,713 in last 6 months, £6,669 in last 1 year, £11,073 in last 2 years, £11,364 in last 3 years, £7,920 in last 4 years and £6,311 in last 5 years.

Currently average asking price of a property in Lincoln Gardens, Scunthorpe, DN16 is around £124,598 based on approximately 1 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £613 per month.

Estimated property value in Lincoln Gardens, Scunthorpe, DN16 is £117,059. Average asking price is £124,598 while average price paid is £75,000 which is up by £6,669 and Avg. asking rent £613.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 Lincoln Gardens, Scunthorpe, DN16 area. In last 1 year alone average price buyer paid is around £75,000 based on approximately 1 sales in Lincoln Gardens, Scunthorpe, DN16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £105,333. 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 £102,800 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £100,857 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 £92,450, £102,160 for a 2 bedroom house, £119,291 for a 3 bedroom house, £179,434 for a 4 bedroom house and £232,450 for a 5 bedroom house. For a flat similarly the prices varies from £59,950 for a single bedroom to £72,720 for a 2 bedroom Flat. To sum up the asking prices for properties in Lincoln Gardens, Scunthorpe, DN16 it comes to around average £81,617 for 1 bedroom property, £95,720 for 2 bedroom, £119,291 for 3 bedroom, £179,434 for 4 bedroom and £232,450 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 £470 for 2 bedroom to £523 for 3 bedroom and £676 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £409. You should be generally be expecting around average £349 rent per month for single bedroom property, £458 for 2 bedroom, £523 for 3 bedroom and approximately £676 for 4 bedroom property in Lincoln Gardens, Scunthorpe, DN16 area.

Popular Houses in Lincoln Gardens, Scunthorpe, DN16

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 Lincoln Gardens, Scunthorpe, DN16