Average Price for property in Newark Road, Lincoln, LN6 is around £235,501 which varies based on type of property you are interested in and ranges from £304,194 for detached house to around £224,659 for semi-detached. Similarly terraced house is around £184,323 and a flat is worth £93,719. Values have been changing and have risen £1,096 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,277 in last 6 months, £13,354 in last 1 year, £28,731 in last 2 years, £24,613 in last 3 years, £20,871 in last 4 years and £23,069 in last 5 years.
Currently average asking price of a property in Newark Road, Lincoln, LN6 is around £192,077 based on approximately 8 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £876 per month.
Estimated property value in Newark Road, Lincoln, LN6 is £235,501. Average asking price is £192,077 while average price paid is £160,437 which is up by £13,354 and Avg. asking rent £876.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 Newark Road, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £160,437 based on approximately 8 sales in Newark Road, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £179,358. 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 £185,605 for 35 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £189,121 per sale.