Average Price for property in Manrico Drive, Lincoln, LN1 is around £170,874 which varies based on type of property you are interested in and ranges from £221,869 for detached house to around £152,907 for semi-detached. Similarly terraced house is around £138,147. Values have been changing and have risen £868 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,789 in last 6 months, £8,500 in last 1 year, £19,212 in last 2 years, £17,814 in last 3 years, £16,026 in last 4 years and £16,824 in last 5 years.
Currently average asking price of a property in Manrico Drive, Lincoln, LN1 is around £224,246 based on approximately 2 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 Manrico Drive, Lincoln, LN1 is £170,874. Average asking price is £224,246 while average price paid is £120,000 which is up by £8,500 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 Manrico Drive, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 2 sales in Manrico Drive, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £129,416. 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 £137,916 for 12 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £139,095 per sale.