Values have been changing and have risen £1,298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,666 in last 6 months, £12,711 in last 1 year, £28,736 in last 2 years, £26,641 in last 3 years, £23,962 in last 4 years and £25,155 in last 5 years.
Currently average asking price of a property in Marine Approach, Burton Waters, 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 £563 per month.
Estimated property value in Marine Approach, Burton Waters, Lincoln, LN1 is £250,013. Average asking price is £224,246 while average price paid is £235,000 which is up by £12,711 and Avg. asking rent £563.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 Marine Approach, Burton Waters, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 1 sales in Marine Approach, Burton Waters, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £198,500. 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 £210,540 for 11 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £193,879 per sale.