Values have been changing and have risen £11 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £274 in last 6 months, £3,197 in last 1 year, £6,907 in last 2 years, £8,548 in last 3 years, £7,821 in last 4 years and £3,987 in last 5 years.
Currently average asking price of a property in Richmond Avenue, Lancaster, LA1 is around £165,270 based on approximately 0 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 Richmond Avenue, Lancaster, LA1 is £96,939. Average asking price is £165,270 while average price paid is £112,000 which is up by £8,548 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 Richmond Avenue, Lancaster, LA1 area. In last 3 years alone average price buyer paid is around £112,000 based on approximately 1 sales in Richmond Avenue, Lancaster, LA1 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £89,800. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £89,800 for 5 per sale.