Average Price for property in Orchid Road, Lincoln, LN5 is around £187,258 which varies based on type of property you are interested in and ranges from £192,403 for detached house to around £164,106 for semi-detached. Values have been changing and have risen £1,574 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,894 in last 6 months, £12,734 in last 1 year, £23,966 in last 2 years, £20,898 in last 3 years, £21,481 in last 4 years and £17,911 in last 5 years.
Currently average asking price of a property in Orchid Road, Lincoln, LN5 is around £181,213 based on approximately 3 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 Orchid Road, Lincoln, LN5 is £187,258. Average asking price is £181,213 while average price paid is £167,650 which is up by £12,734 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 Orchid Road, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £167,650 based on approximately 3 sales in Orchid Road, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £159,544. 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 £156,991 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £156,528 per sale.