Values have been changing and have risen £694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,112 in last 6 months, £5,549 in last 1 year, £13,037 in last 2 years, £10,247 in last 3 years, £9,727 in last 4 years and £9,909 in last 5 years.
Currently average asking price of a property in Somersby Way, Louth, LN11 is around £239,064 based on approximately 0 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £600 per month.
Estimated property value in Somersby Way, Louth, LN11 is £98,789. Average asking price is £239,064 while average price paid is £97,500 which is up by £10,247 and Avg. asking rent £600.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 Somersby Way, Louth, LN11 area. In last 3 years alone average price buyer paid is around £97,500 based on approximately 1 sales in Somersby Way, Louth, LN11 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £105,000. 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 £87,166 for 6 per sale.