West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6

Street Guide For West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6

 

West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 Map

Estimated Price: £317,283
Average Asking Price: £191,582
Price change in last one year: £18,310
Average Price Paid: £335,833
Average Rent Rates: £871

 

Property Prices Breakdown in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6

Average Price for property in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 is around £317,283 e.g. average price for detached house is around 312,382. Values have been changing and have risen £1,502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,234 in last 6 months, £18,310 in last 1 year, £39,394 in last 2 years, £33,745 in last 3 years, £28,610 in last 4 years and £31,626 in last 5 years.

Currently average asking price of a property in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 is around £191,582 based on approximately 2 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £871 per month.

Estimated property value in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 is £317,283. Average asking price is £191,582 while average price paid is £367,500 which is up by £18,310 and Avg. asking rent £871.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 West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 area. In last 1 year alone average price buyer paid is around £367,500 based on approximately 2 sales in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £335,833. 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 £335,833 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £300,625 per sale.

 
 

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 £97,230, £128,519 for a 2 bedroom house, £165,041 for a 3 bedroom house, £241,383 for a 4 bedroom house and £333,860 for a 5 bedroom house. For a flat similarly the prices varies from £71,560 for a single bedroom to £94,311 for a 2 bedroom Flat. To sum up the asking prices for properties in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 it comes to around average £88,673 for 1 bedroom property, £121,678 for 2 bedroom, £165,041 for 3 bedroom, £241,383 for 4 bedroom and £333,860 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 £478 for 1 bedroom to £583 for 2 bedrooms, £632 for 3 bedrooms, £628 for 4 bedrooms and £907 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507. You should be generally be expecting around average £479 rent per month for single bedroom property, £545 for 2 bedroom, £632 for 3 bedroom, £628 for 4 bedroom and approximately £907 for a 5 bedroom property in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6 area.

Popular Houses in West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6

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.

Areas in and around West Field Lane, Thorpe-on-the-Hill, Lincoln, LN6