Average Price for property in Gressingham Drive, Lancaster, LA1 is around £128,638 which varies based on type of property you are interested in and ranges from £193,373 for detached house to around £133,361 for semi-detached. Similarly terraced house is around £133,840 and a flat is worth £87,209. 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 £362 in last 6 months, £4,240 in last 1 year, £9,162 in last 2 years, £11,338 in last 3 years, £10,374 in last 4 years and £5,286 in last 5 years.
Currently average asking price of a property in Gressingham Drive, Lancaster, LA1 is around £165,270 based on approximately 6 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 Gressingham Drive, Lancaster, LA1 is £128,638. Average asking price is £165,270 while average price paid is £127,166 which is up by £4,240 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 Gressingham Drive, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £127,166 based on approximately 6 sales in Gressingham Drive, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £128,950. 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 £131,562 for 16 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £128,750 per sale.