Average Price for property in Village Farm, Bassingham, Lincoln, LN5 is around £506,309 e.g. average price for detached house is around 506,309. Values have been changing and have risen £4,377 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,392 in last 6 months, £35,415 in last 1 year, £66,651 in last 2 years, £58,103 in last 3 years, £59,712 in last 4 years and £49,767 in last 5 years.
Currently average asking price of a property in Village Farm, Bassingham, Lincoln, LN5 is around £181,059 based on approximately 2 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £548 per month.
Estimated property value in Village Farm, Bassingham, Lincoln, LN5 is £506,309. Average asking price is £181,059 while average price paid is £317,500 which is up by £35,415 and Avg. asking rent £548.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 Village Farm, Bassingham, Lincoln, LN5 area. In last 1 year alone average price buyer paid is around £317,500 based on approximately 2 sales in Village Farm, Bassingham, Lincoln, LN5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £342,142. 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 £356,700 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £356,700 per sale.