Average Price for property in Lincolnshire is around £176,304 which varies based on type of property you are interested in and ranges from £222,462 for detached house to around £141,223 for semi-detached. Similarly terraced house is around £120,723 and a flat is worth £108,837. Values have been changing and have risen £566 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,155 in last 6 months, £11,915 in last 1 year, £21,620 in last 2 years, £19,121 in last 3 years, £19,584 in last 4 years and £17,686 in last 5 years.
Currently average asking price of a property in Lincolnshire is around £202,474 based on approximately 10,596 properties for sale. Same is the case with rental options based on 1,771 properties up for rent, average asking rent is around £743 per month.
Estimated property value in Lincolnshire is £176,304. Average asking price is £202,474 while average price paid is £162,457 which is up by £11,915 and Avg. asking rent £743.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 Lincolnshire area. In last 1 year alone average price buyer paid is around £162,457 based on approximately 10,596 sales in Lincolnshire area alone. If you compare it to last 3 years sales of 30,545 properties where buyers paid around £157,397. 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 £156,087 for 48,472 and average amount paid for purchase of approx. 66,068 properties sold in last 7 years comes to about £155,663 per sale.