Average Price for property in Portland Street, Lincoln, LN5 is around £110,196 which varies based on type of property you are interested in and ranges from £112,518 for detached house to around £96,219 for semi-detached. Similarly terraced house is around £112,909 and a flat is worth £99,415. Values have been changing and have risen £959 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,591 in last 6 months, £7,758 in last 1 year, £14,601 in last 2 years, £12,735 in last 3 years, £13,092 in last 4 years and £10,919 in last 5 years.
Currently average asking price of a property in Portland Street, Lincoln, LN5 is around £181,213 based on approximately 4 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 Portland Street, Lincoln, LN5 is £110,196. Average asking price is £181,213 while average price paid is £123,862 which is up by £7,758 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 Portland Street, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £123,862 based on approximately 4 sales in Portland Street, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £116,408. 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 £101,494 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £100,703 per sale.