Average Price for property in Mons Road, Lincoln, LN1 is around £138,416 which varies based on type of property you are interested in and ranges from £264,430 for detached house to around £112,895 for semi-detached. Similarly terraced house is around £110,493 and a flat is worth £257,353. Values have been changing and have risen £740 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,227 in last 6 months, £7,237 in last 1 year, £16,360 in last 2 years, £15,170 in last 3 years, £13,648 in last 4 years and £14,329 in last 5 years.
Currently average asking price of a property in Mons Road, 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 Mons Road, Lincoln, LN1 is £138,416. Average asking price is £224,246 while average price paid is £177,500 which is up by £7,237 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 Mons Road, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £177,500 based on approximately 2 sales in Mons Road, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £163,333. 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 £134,374 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £134,270 per sale.