Woodvale Close, Lincoln, LN6

Street Guide For Woodvale Close, Lincoln, LN6

 

Woodvale Close, Lincoln, LN6 Map

Estimated Price: £123,024
Average Asking Price: £191,594
Price change in last one year: £7,170
Average Price Paid: £119,550
Average Rent Rates: £874

 

Property Prices Breakdown in Woodvale Close, Lincoln, LN6

Average Price for property in Woodvale Close, Lincoln, LN6 is around £123,024 which varies based on type of property you are interested in and ranges from £150,695 for detached house to around £124,683 for semi-detached. Similarly terraced house is around £101,172. Values have been changing and have risen £589 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,833 in last 6 months, £7,170 in last 1 year, £15,424 in last 2 years, £13,217 in last 3 years, £11,211 in last 4 years and £12,397 in last 5 years.

Currently average asking price of a property in Woodvale Close, Lincoln, LN6 is around £191,594 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £874 per month.

Estimated property value in Woodvale Close, Lincoln, LN6 is £123,024. Average asking price is £191,594 while average price paid is £144,000 which is up by £7,170 and Avg. asking rent £874.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 Woodvale Close, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £144,000 based on approximately 2 sales in Woodvale Close, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £125,333. 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 £119,550 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £115,396 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 £97,230, £128,519 for a 2 bedroom house, £165,041 for a 3 bedroom house, £241,383 for a 4 bedroom house and £333,860 for a 5 bedroom house. For a flat similarly the prices varies from £71,560 for a single bedroom to £94,311 for a 2 bedroom Flat. To sum up the asking prices for properties in Woodvale Close, Lincoln, LN6 it comes to around average £88,673 for 1 bedroom property, £121,678 for 2 bedroom, £165,041 for 3 bedroom, £241,383 for 4 bedroom and £333,860 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 £478 for 1 bedroom to £588 for 2 bedrooms, £632 for 3 bedrooms, £595 for 4 bedrooms and £960 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507. You should be generally be expecting around average £479 rent per month for single bedroom property, £546 for 2 bedroom, £632 for 3 bedroom, £595 for 4 bedroom and approximately £960 for a 5 bedroom property in Woodvale Close, Lincoln, LN6 area.

Popular Houses in Woodvale Close, Lincoln, LN6

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 Woodvale Close, Lincoln, LN6