North East Lincolnshire

Area Guide For North East Lincolnshire

North East Lincolnshire, one of England’s largest counties is an outstanding area of ever-changing landscapes and exciting scenery, shaped by a rich tapestry of fascinating heritage, passionate residents and intriguing traditions. Some of Lincolnshire’s big attractions are of Europe’s finest cathedral [Lincoln Cathedral]. The Lincolnshire Wolds is a nationally important and cherished landscape. Rolling chalk hills and areas of sandstone and clay underlie this attractive landscape.


North East Lincolnshire Map

Estimated Price: £129,626
Average Asking Price: £158,943
Price change in last one year: £6,966
Average Price Paid: £124,211
Average Rent Rates: £673


Property Prices Breakdown in North East Lincolnshire

Average Price for property in North East Lincolnshire is around £129,626 which varies based on type of property you are interested in and ranges from £208,505 for detached house to around £127,325 for semi-detached. Similarly terraced house is around £79,452 and a flat is worth £87,033. Values have been changing and have risen £502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £406 in last 6 months, £6,966 in last 1 year, £13,425 in last 2 years, £11,580 in last 3 years, £10,249 in last 4 years and £6,322 in last 5 years.

Currently average asking price of a property in North East Lincolnshire is around £158,943 based on approximately 2,039 properties for sale. Same is the case with rental options based on 428 properties up for rent, average asking rent is around £673 per month.

Estimated property value in North East Lincolnshire is £129,626. Average asking price is £158,943 while average price paid is £129,601 which is up by £6,966 and Avg. asking rent £673.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 North East Lincolnshire area. In last 1 year alone average price buyer paid is around £129,601 based on approximately 2,039 sales in North East Lincolnshire area alone. If you compare it to last 3 years sales of 6,074 properties where buyers paid around £124,525. 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 £124,211 for 9,744 and average amount paid for purchase of approx. 13,590 properties sold in last 7 years comes to about £123,624 per sale.


Properties For Sale in North East 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 £85,400, £103,424 for a 2 bedroom house, £118,791 for a 3 bedroom house, £229,396 for a 4 bedroom house and £329,877 for a 5 bedroom house. For a flat similarly the prices varies from £69,662 for a single bedroom to £94,357 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £99,969, £65,000 for a 4 bedroom flat and £119,950 for a 5 bedroom flat. To sum up the asking prices for properties in North East Lincolnshire it comes to around average £76,024 for 1 bedroom property, £101,662 for 2 bedroom, £118,590 for 3 bedroom, £228,794 for 4 bedroom and £326,835 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 £436 for 1 bedroom to £457 for 2 bedroom, £464 for 3 bedroom and £753 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £365. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £395 and £392 for 3 bedroom. You should be generally be expecting around average £371 rent per month for single bedroom property, £433 for 2 bedroom, £463 for 3 bedroom and approximately £753 for 4 bedroom property in North East Lincolnshire area.

Popular Houses in North East 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 North East Lincolnshire

Areas in and around North East Lincolnshire