Average Price for property in Watery Lane, Lancaster, LA1 is around £133,568 which varies based on type of property you are interested in and ranges from £190,751 for detached house to around £145,819 for semi-detached. Similarly terraced house is around £127,075 and a flat is worth £86,229. 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 £375 in last 6 months, £4,403 in last 1 year, £9,512 in last 2 years, £11,772 in last 3 years, £10,770 in last 4 years and £5,487 in last 5 years.
Currently average asking price of a property in Watery Lane, Lancaster, LA1 is around £165,270 based on approximately 8 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 Watery Lane, Lancaster, LA1 is £133,568. Average asking price is £165,270 while average price paid is £114,125 which is up by £4,403 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 Watery Lane, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £114,125 based on approximately 8 sales in Watery Lane, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £119,105. 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 £117,286 for 26 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £115,481 per sale.