Values have been changing and have risen £803 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,504 in last 6 months, £7,859 in last 1 year, £17,766 in last 2 years, £16,474 in last 3 years, £14,821 in last 4 years and £15,561 in last 5 years.
Currently average asking price of a property in Madden Close, Lincoln, LN1 is around £224,246 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £564 per month.
Estimated property value in Madden Close, Lincoln, LN1 is £154,746. Average asking price is £224,246 while average price paid is £124,950 which is up by £7,859 and Avg. asking rent £564.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 Madden Close, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £124,950 based on approximately 1 sales in Madden Close, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £128,737. 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 £131,491 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £131,278 per sale.