The Granaries, Scopwick, Lincoln, LN4

Street Guide For The Granaries, Scopwick, Lincoln, LN4

 

The Granaries, Scopwick, Lincoln, LN4 Map

Estimated Price: £307,958
Average Asking Price: £220,288
Price change in last one year: £21,661
Average Price Paid: £246,290
Average Rent Rates: £642

 

Property Prices Breakdown in The Granaries, Scopwick, Lincoln, LN4

Average Price for property in The Granaries, Scopwick, Lincoln, LN4 is around £307,958 which varies based on type of property you are interested in and ranges from £305,186 for detached house to around £282,149 for semi-detached. Similarly terraced house is around £328,485. Values have been changing and have risen £2,975 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,728 in last 6 months, £21,661 in last 1 year, £33,478 in last 2 years, £35,734 in last 3 years, £30,258 in last 4 years and £31,606 in last 5 years.

Currently average asking price of a property in The Granaries, Scopwick, Lincoln, LN4 is around £220,288 based on approximately 1 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £642 per month.

Estimated property value in The Granaries, Scopwick, Lincoln, LN4 is £307,958. Average asking price is £220,288 while average price paid is £254,950 which is up by £21,661 and Avg. asking rent £642.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 The Granaries, Scopwick, Lincoln, LN4 area. In last 1 year alone average price buyer paid is around £254,950 based on approximately 1 sales in The Granaries, Scopwick, Lincoln, LN4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £227,475. 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 £246,290 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £267,635 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £100,000, £128,669 for a 2 bedroom house, £174,892 for a 3 bedroom house, £296,654 for a 4 bedroom house and £393,033 for a 5 bedroom house. For a flat similarly the prices varies from £109,950 for a single bedroom to £175,317 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,950. To sum up the asking prices for properties in The Granaries, Scopwick, Lincoln, LN4 it comes to around average £104,975 for 1 bedroom property, £132,503 for 2 bedroom, £174,652 for 3 bedroom, £296,654 for 4 bedroom and £393,033 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £480 for 2 bedroom to £790 for 3 bedroom and £715 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £594. You should be generally be expecting around average £504 rent per month for 2 bedroom property, £790 for 3 bedroom and approximately £685 for 4 bedroom property in The Granaries, Scopwick, Lincoln, LN4 area.

Popular Houses in The Granaries, Scopwick, Lincoln, LN4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around The Granaries, Scopwick, Lincoln, LN4