The average property value in East Lindsey is £218,293 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in East Lindsey grew by £20,488. Compare house prices by area
Average property prices in East Lindsey grew by 10.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 3.8% per year.
If prices in East Lindsey continue to rise by 3.8% a year, the average property price will be £253,733 in 2025.
There were 2,401 property sales in East Lindsey in the year ending June 2021, an increase of 268 when compared to the previous year.
The average price for a house in East Lindsey ranges from £140,887 for a terraced house to £259,789 for a detached house, with semi-detached in between costing on average £160,971.
The average price for a flat or maisonette in East Lindsey is £104,792.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in East Lindsey, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 45.9% from £178,089 to £259,789, semi-detached house prices have risen 36.0% from £118,380 to £160,971, terraced house prices have risen 34.3% from £104,868 to £140,887, and flat prices have risen 20.6% from £86,906 to £104,792.
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The most common type of property sold in East Lindsey during the year ending June 2021 was detached houses, which accounted for 62.1% of properties.
The least commonly available type of property sold in East Lindsey were flats, which account for 2.6% of properties sold.
Of the properties sold in East Lindsey during 2021, 1.5% were new build properties.
The average price paid for a new build property in East Lindsey was £5,872 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (64% of new build properties sold). For existing properties, the most common type is detached houses (62% of existing properties sold).
The most common price band for property sales in East Lindsey is £200k - £300k, which accounted for 18.8% of properties sold in 2021.
The cheapest properties in East Lindsey were in the under £50k price bracket, accounting for 0.2% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics