Average Price for property in Motherby Lane, Lincoln, LN1 is around £114,726 e.g. average price for terraced house is around 114,726. Values have been changing and have risen £587 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,560 in last 6 months, £5,741 in last 1 year, £12,977 in last 2 years, £12,033 in last 3 years, £10,827 in last 4 years and £11,370 in last 5 years.
Currently average asking price of a property in Motherby Lane, 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 Motherby Lane, Lincoln, LN1 is £114,726. Average asking price is £224,246 while average price paid is £106,000 which is up by £5,741 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 Motherby Lane, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £106,000 based on approximately 1 sales in Motherby Lane, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £110,475. 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 £106,983 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £106,983 per sale.