Values have been changing and have risen £14 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £364 in last 6 months, £4,271 in last 1 year, £9,231 in last 2 years, £11,424 in last 3 years, £10,451 in last 4 years and £5,324 in last 5 years.
Currently average asking price of a property in Tower Court, 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 Tower Court, Lancaster, LA1 is £129,599. Average asking price is £165,270 while average price paid is £107,500 which is up by £4,271 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 Tower Court, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £107,500 based on approximately 2 sales in Tower Court, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £109,200. 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 £110,022 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £109,976 per sale.