Average Price for property in Newland Street West, Lincoln, LN1 is around £122,752 which varies based on type of property you are interested in and ranges from £178,518 for detached house to around £101,863 for semi-detached. Similarly terraced house is around £122,749 and a flat is worth £90,852. Values have been changing and have risen £666 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,905 in last 6 months, £6,515 in last 1 year, £14,727 in last 2 years, £13,657 in last 3 years, £12,289 in last 4 years and £12,904 in last 5 years.
Currently average asking price of a property in Newland Street West, Lincoln, LN1 is around £224,246 based on approximately 7 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 Newland Street West, Lincoln, LN1 is £122,752. Average asking price is £224,246 while average price paid is £118,285 which is up by £6,515 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 Newland Street West, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £118,285 based on approximately 7 sales in Newland Street West, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £116,215. 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 £112,919 for 22 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £111,652 per sale.