Average Price for property in Park Lane, Burton Waters, Lincoln, LN1 is around £286,711 which varies based on type of property you are interested in and ranges from £484,086 for detached house to around £258,902 for semi-detached. Similarly terraced house is around £267,183 and a flat is worth £284,584. Values have been changing and have risen £1,465 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,392 in last 6 months, £14,337 in last 1 year, £32,409 in last 2 years, £30,045 in last 3 years, £27,023 in last 4 years and £28,367 in last 5 years.
Currently average asking price of a property in Park Lane, Burton Waters, Lincoln, LN1 is around £224,246 based on approximately 8 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £563 per month.
Estimated property value in Park Lane, Burton Waters, Lincoln, LN1 is £286,711. Average asking price is £224,246 while average price paid is £209,625 which is up by £14,337 and Avg. asking rent £563.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 Park Lane, Burton Waters, Lincoln, LN1 area. In last 1 year alone average price buyer paid is around £209,625 based on approximately 8 sales in Park Lane, Burton Waters, Lincoln, LN1 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £252,659. 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 £245,098 for 35 and average amount paid for purchase of approx. 45 properties sold in last 7 years comes to about £242,220 per sale.