Average Price for property in Spruce Avenue, Lancaster, LA1 is around £332,957 which varies based on type of property you are interested in and ranges from £440,058 for detached house to around £303,472 for terraced house. Similarly flat is around £227,296. Values have been changing and have risen £35 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £932 in last 6 months, £10,965 in last 1 year, £23,696 in last 2 years, £29,324 in last 3 years, £26,817 in last 4 years and £13,636 in last 5 years.
Currently average asking price of a property in Spruce Avenue, Lancaster, LA1 is around £165,270 based on approximately 2 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £544 per month.
Estimated property value in Spruce Avenue, Lancaster, LA1 is £332,957. Average asking price is £165,270 while average price paid is £294,000 which is up by £10,965 and Avg. asking rent £544.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 Spruce Avenue, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £294,000 based on approximately 2 sales in Spruce Avenue, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £294,000. 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 £281,416 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £263,562 per sale.