Average Price for property in Norfolk Street, Lancaster, LA1 is around £92,807 which varies based on type of property you are interested in and ranges from £98,545 for semi-detached to around £92,710 for terraced house. Values have been changing and have risen £10 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £261 in last 6 months, £3,060 in last 1 year, £6,612 in last 2 years, £8,183 in last 3 years, £7,488 in last 4 years and £3,819 in last 5 years.
Currently average asking price of a property in Norfolk Street, Lancaster, LA1 is around £165,270 based on approximately 5 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 Norfolk Street, Lancaster, LA1 is £92,807. Average asking price is £165,270 while average price paid is £88,040 which is up by £3,060 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 Norfolk Street, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £88,040 based on approximately 5 sales in Norfolk Street, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £84,978. 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 £82,791 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £80,939 per sale.