Average Price for property in Sorrel Road, Witham St. Hughs, Lincoln, LN6 is around £176,530 which varies based on type of property you are interested in and ranges from £197,190 for detached house to around £164,804 for semi-detached. Similarly terraced house is around £134,907 and a flat is worth £128,420. Values have been changing and have risen £834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,016 in last 6 months, £10,164 in last 1 year, £21,869 in last 2 years, £18,736 in last 3 years, £15,889 in last 4 years and £17,563 in last 5 years.
Currently average asking price of a property in Sorrel Road, Witham St. Hughs, Lincoln, LN6 is around £191,582 based on approximately 2 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £871 per month.
Estimated property value in Sorrel Road, Witham St. Hughs, Lincoln, LN6 is £176,530. Average asking price is £191,582 while average price paid is £146,000 which is up by £10,164 and Avg. asking rent £871.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 Sorrel Road, Witham St. Hughs, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £146,000 based on approximately 2 sales in Sorrel Road, Witham St. Hughs, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £136,000. 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 £137,857 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £139,818 per sale.