North Lincolnshire

Area Guide For North Lincolnshire

North Lincolnshire, other than visiting the famous Lincoln Cathedral it is also worth seeing Lincoln Castle. William the Conqueror built the original Lincoln Castle in 1068 in the south- west corner of the then crumbling Roman walls at the top of the hill. While the castle has been besieged several times over the years, in 900 years it has been used as a court and a prison. A trip to Hessle and the banks of the Humber River means a look at the very impressive and fifth-largest single-span suspension bridge in the world, the Humber Bridge, which connects North Lincolnshire to the East Riding of Yorkshire.

 
 

North Lincolnshire Map

Estimated Price: £138,969
Average Asking Price: £180,344
Price change in last one year: £11,735
Average Price Paid: £125,346
Average Rent Rates: £1,105

 
 

Property Prices Breakdown in North Lincolnshire

Average Price for property in North Lincolnshire is around £138,969 which varies based on type of property you are interested in and ranges from £200,238 for detached house to around £112,790 for semi-detached. Similarly terraced house is around £86,244 and a flat is worth £74,147. Values have been changing and have risen £1,373 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,625 in last 6 months, £11,735 in last 1 year, £13,915 in last 2 years, £15,021 in last 3 years, £10,947 in last 4 years and £12,966 in last 5 years.

Currently average asking price of a property in North Lincolnshire is around £180,344 based on approximately 1,612 properties for sale. Same is the case with rental options based on 353 properties up for rent, average asking rent is around £1,105 per month.

Estimated property value in North Lincolnshire is £138,969. Average asking price is £180,344 while average price paid is £128,245 which is up by £11,735 and Avg. asking rent £1,105.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 North Lincolnshire area. In last 1 year alone average price buyer paid is around £128,245 based on approximately 1,612 sales in North Lincolnshire area alone. If you compare it to last 3 years sales of 4,732 properties where buyers paid around £125,410. 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 £125,346 for 7,521 and average amount paid for purchase of approx. 10,248 properties sold in last 7 years comes to about £126,212 per sale.

 
 

Properties For Sale in North Lincolnshire

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £77,471, £109,419 for a 2 bedroom house, £136,153 for a 3 bedroom house, £240,922 for a 4 bedroom house and £321,721 for a 5 bedroom house. For a flat similarly the prices varies from £66,764 for a single bedroom to £76,422 for a 2 bedroom Flat. To sum up the asking prices for properties in North Lincolnshire it comes to around average £72,118 for 1 bedroom property, £105,497 for 2 bedroom, £136,153 for 3 bedroom, £240,922 for 4 bedroom and £321,721 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £410 for 1 bedroom to £458 for 2 bedrooms, £525 for 3 bedrooms, £710 for 4 bedrooms and £1,283 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £379. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £449 and £425 for 3 bedroom. You should be generally be expecting around average £382 rent per month for single bedroom property, £456 for 2 bedroom, £521 for 3 bedroom, £710 for 4 bedroom and approximately £1,283 for a 5 bedroom property in North Lincolnshire area.

Popular Houses in North Lincolnshire

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in North Lincolnshire

Areas in and around North Lincolnshire