Average Price for property in Spa Street, Lincoln, LN2 is around £97,765 which varies based on type of property you are interested in and ranges from £107,462 for detached house to around £103,227 for semi-detached. Similarly terraced house is around £96,783. Values have been changing and have risen £1,071 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,438 in last 6 months, £6,691 in last 1 year, £13,679 in last 2 years, £11,945 in last 3 years, £9,262 in last 4 years and £10,940 in last 5 years.
Currently average asking price of a property in Spa Street, Lincoln, LN2 is around £225,222 based on approximately 5 properties for sale. Same is the case with rental options based on 128 properties up for rent, average asking rent is around £550 per month.
Estimated property value in Spa Street, Lincoln, LN2 is £97,765. Average asking price is £225,222 while average price paid is £89,500 which is up by £6,691 and Avg. asking rent £550.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 Spa Street, Lincoln, LN2 area. In last 1 year alone average price buyer paid is around £89,500 based on approximately 5 sales in Spa Street, Lincoln, LN2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £82,000. 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 £77,153 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £76,721 per sale.