Average Price for property in Melbourne Road, Lincoln, LN6 is around £145,723 which varies based on type of property you are interested in and ranges from £153,539 for detached house to around £126,617 for semi-detached. Values have been changing and have risen £674 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,244 in last 6 months, £8,211 in last 1 year, £17,666 in last 2 years, £15,136 in last 3 years, £12,838 in last 4 years and £14,193 in last 5 years.
Currently average asking price of a property in Melbourne Road, Lincoln, LN6 is around £191,594 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £874 per month.
Estimated property value in Melbourne Road, Lincoln, LN6 is £145,723. Average asking price is £191,594 while average price paid is £116,500 which is up by £8,211 and Avg. asking rent £874.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 Melbourne Road, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £116,500 based on approximately 2 sales in Melbourne Road, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £116,500. 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 £116,500 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £129,500 per sale.