Average Price for property in Russell Street, Lincoln, LN5 is around £88,912 e.g. average price for terraced house is around 88,912. Values have been changing and have risen £753 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,821 in last 6 months, £6,095 in last 1 year, £11,475 in last 2 years, £10,011 in last 3 years, £10,293 in last 4 years and £8,586 in last 5 years.
Currently average asking price of a property in Russell Street, Lincoln, LN5 is around £181,213 based on approximately 2 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 Russell Street, Lincoln, LN5 is £88,912. Average asking price is £181,213 while average price paid is £82,250 which is up by £6,095 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 Russell Street, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £82,250 based on approximately 2 sales in Russell Street, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £78,625. 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 £76,125 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £77,105 per sale.