Values have been changing and have risen £13 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £316 in last 6 months, £3,692 in last 1 year, £7,978 in last 2 years, £9,875 in last 3 years, £9,035 in last 4 years and £4,606 in last 5 years.
Currently average asking price of a property in Lune Street, Lancaster, LA1 is around £165,270 based on approximately 4 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 Lune Street, Lancaster, LA1 is £112,012. Average asking price is £165,270 while average price paid is £90,250 which is up by £3,692 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 Lune Street, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £90,250 based on approximately 4 sales in Lune Street, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £94,250. 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 £100,650 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £98,833 per sale.