Average Price for property in Mourn Terrace, Lincoln, LN5 is around £147,711 which varies based on type of property you are interested in and ranges from £148,674 for detached house to around £139,047 for semi-detached. Values have been changing and have risen £1,307 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,892 in last 6 months, £10,568 in last 1 year, £19,890 in last 2 years, £17,346 in last 3 years, £17,830 in last 4 years and £14,868 in last 5 years.
Currently average asking price of a property in Mourn Terrace, Lincoln, LN5 is around £181,213 based on approximately 1 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Mourn Terrace, Lincoln, LN5 is £147,711. Average asking price is £181,213 while average price paid is £95,000 which is up by £10,568 and Avg. asking rent £551.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 Mourn Terrace, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Mourn Terrace, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £123,000. 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 £123,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £133,666 per sale.