Average Price for property in Newlands Road, Lancaster, LA1 is around £224,924 which varies based on type of property you are interested in and ranges from £290,725 for detached house to around £192,024 for semi-detached. Values have been changing and have risen £24 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £631 in last 6 months, £7,409 in last 1 year, £16,010 in last 2 years, £19,812 in last 3 years, £18,121 in last 4 years and £9,219 in last 5 years.
Currently average asking price of a property in Newlands Road, Lancaster, LA1 is around £165,270 based on approximately 3 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £544 per month.
Estimated property value in Newlands Road, Lancaster, LA1 is £224,924. Average asking price is £165,270 while average price paid is £152,316 which is up by £7,409 and Avg. asking rent £544.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 Newlands Road, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £152,316 based on approximately 3 sales in Newlands Road, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £174,207. 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 £176,174 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £176,033 per sale.