Values have been changing and have risen £1,015 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,261 in last 6 months, £6,348 in last 1 year, £12,975 in last 2 years, £11,329 in last 3 years, £8,783 in last 4 years and £10,375 in last 5 years.
Currently average asking price of a property in Welton Gardens, Lincoln, LN2 is around £225,222 based on approximately 2 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 Welton Gardens, Lincoln, LN2 is £97,940. Average asking price is £225,222 while average price paid is £91,125 which is up by £6,348 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 Welton Gardens, Lincoln, LN2 area. In last 1 year alone average price buyer paid is around £91,125 based on approximately 2 sales in Welton Gardens, Lincoln, LN2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £86,062. 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 £86,062 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £73,321 per sale.