Values have been changing and have risen £839 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,139 in last 6 months, £6,780 in last 1 year, £12,760 in last 2 years, £11,130 in last 3 years, £11,443 in last 4 years and £9,546 in last 5 years.
Currently average asking price of a property in Edgehill, Lincoln, LN5 is around £181,213 based on approximately 3 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Edgehill, Lincoln, LN5 is £100,041. Average asking price is £181,213 while average price paid is £113,666 which is up by £6,780 and Avg. asking rent £551.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 Edgehill, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £113,666 based on approximately 3 sales in Edgehill, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £98,875. 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 £96,100 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £96,142 per sale.