Area Guide For Lincolnshire

Lincolnshire is a historic county in the East of England.  Blooming with compelling agricultural life, the South of Lincolnshire is home to one of the UK’s leading agricultural experiment stations. Lincolnshire stands as one minority of few counties within the UK that still uses the Eleven-plus to decide who may attend grammar school. As a result, many towns in Lincolnshire have both a grammar school and a secondary modern school. Lincolnshire's rural character means that some larger villages also have primary schools and are served by buses to nearby high schools. Lincolnshire relies on some perfectly family friendly costal resorts such as Cleethorpes and Skegness as favorite weekends or get away attractions.


Lincolnshire Map

Estimated Price: £176,304
Average Asking Price: £202,474
Price change in last one year: £11,915
Average Price Paid: £156,087
Average Rent Rates: £743


Property Prices Breakdown in Lincolnshire

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.


Properties For Sale in Lincolnshire


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 £88,133, £119,263 for a 2 bedroom house, £159,322 for a 3 bedroom house, £265,174 for a 4 bedroom house and £364,168 for a 5 bedroom house. For a flat similarly the prices varies from £75,646 for a single bedroom to £104,734 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £126,454, £65,000 for a 4 bedroom flat and £109,975 for a 5 bedroom flat. To sum up the asking prices for properties in Lincolnshire it comes to around average £80,035 for 1 bedroom property, £116,761 for 2 bedroom, £159,062 for 3 bedroom, £265,078 for 4 bedroom and £363,325 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 £429 for 1 bedroom to £496 for 2 bedrooms, £556 for 3 bedrooms, £704 for 4 bedrooms and £1,017 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £396. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £492, £423 for 3 bedroom and £816 for 4 bedroom. You should be generally be expecting around average £405 rent per month for single bedroom property, £495 for 2 bedroom, £553 for 3 bedroom, £708 for 4 bedroom and approximately £1,016 for a 5 bedroom property in Lincolnshire area.

Popular Houses in Lincolnshire

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.

Sold Properties in Lincolnshire

Areas in and around Lincolnshire