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 £320 in last 6 months, £3,740 in last 1 year, £8,079 in last 2 years, £9,999 in last 3 years, £9,149 in last 4 years and £4,662 in last 5 years.
Currently average asking price of a property in Patterdale Road, Lancaster, LA1 is around £165,270 based on approximately 2 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 Patterdale Road, Lancaster, LA1 is £113,446. Average asking price is £165,270 while average price paid is £99,750 which is up by £3,740 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 Patterdale Road, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £99,750 based on approximately 2 sales in Patterdale Road, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £105,928. 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 £97,188 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £97,763 per sale.