Average Price for property in Louth is around £187,805 which varies based on type of property you are interested in and ranges from £244,146 for detached house to around £147,506 for semi-detached. Similarly terraced house is around £130,204 and a flat is worth £94,467. Values have been changing and have risen £1,114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £841 in last 6 months, £9,217 in last 1 year, £27,672 in last 2 years, £18,490 in last 3 years, £22,015 in last 4 years and £19,762 in last 5 years.
Currently average asking price of a property in Louth is around £239,685 based on approximately 408 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £593 per month.
Estimated property value in Louth is £187,805. Average asking price is £239,685 while average price paid is £161,508 which is up by £9,217 and Avg. asking rent £593.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 Louth area. In last 1 year alone average price buyer paid is around £161,508 based on approximately 408 sales in Louth area alone. If you compare it to last 3 years sales of 1,126 properties where buyers paid around £155,493. 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 £153,692 for 1,766 and average amount paid for purchase of approx. 2,393 properties sold in last 7 years comes to about £154,372 per sale.