Average Price for property in South Park, Lincoln, LN5 is around £205,479 which varies based on type of property you are interested in and ranges from £305,607 for detached house to around £188,880 for semi-detached. Similarly terraced house is around £215,552 and a flat is worth £109,604. Values have been changing and have risen £1,669 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,250 in last 6 months, £13,504 in last 1 year, £25,417 in last 2 years, £22,162 in last 3 years, £22,779 in last 4 years and £18,990 in last 5 years.
Currently average asking price of a property in South Park, Lincoln, LN5 is around £181,213 based on approximately 4 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 South Park, Lincoln, LN5 is £205,479. Average asking price is £181,213 while average price paid is £136,612 which is up by £13,504 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 South Park, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £136,612 based on approximately 4 sales in South Park, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £146,707. 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 £148,060 for 15 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £164,236 per sale.