House Prices in Lincoln

Area selected: Lincoln

Lincoln

Average property price

£194,566

View trend

Price growth

11.4%

View trend

Number of sales

1,255

View trend

Area type

Non-metropolitan District

Population

100,049

Average detached price

£284,985

Average semi-detached price

£179,650

Average terraced price

£152,821

Average flat price

£141,541

Property Prices in Lincoln

The average property value in Lincoln is £194,566 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 Lincoln grew by £19,859. Compare house prices by area

Average property prices in Lincoln grew by 11.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.1% per year.

If prices in Lincoln continue to rise by 4.1% a year, the average property price will be £228,217 in 2025.

There were 1,255 property sales in Lincoln in the year ending June 2021, an increase of 9 when compared to the previous year.

Average house and flat prices in Lincoln

The average price for a house in Lincoln ranges from £152,821 for a terraced house to £284,985 for a detached house, with semi-detached in between costing on average £179,650.

The average price for a flat or maisonette in Lincoln is £141,541.

Compared to England's figures

Lincoln's average property price of £194,566 is £159,633 lower than the £354,199 average property price in England. Lincoln is the 169th non-metropolitan district (of 181 total) when ordered by average property price.
Lincoln's average property price growth rate of 11.4% is 1.4% lower than the 12.8% average price growth rate for England. Lincoln is the 75th non-metropolitan district (of 181 total) when ordered by property price growth rate.

Price trends for small areas may be less statistically significant due to small sample sizes.

House and flat price trends in Lincoln

Of the property types in Lincoln, 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 48.6% from £191,811 to £284,985, semi-detached house prices have risen 45.9% from £123,145 to £179,650, terraced house prices have risen 47.6% from £103,523 to £152,821, and flat prices have risen 36.0% from £104,108 to £141,541.

Types of property in Lincoln

The most common type of property sold in Lincoln during the year ending June 2021 was terraced houses, which accounted for 35.1% of properties.

The least commonly available type of property sold in Lincoln were flats, which account for 6.2% of properties sold.

Detached houses: 318 properties sold or 25.3%
Semi-detached houses: 419 properties sold or 33.4%
Terraced houses: 440 properties sold or 35.1%
Flats: 78 properties sold or 6.2%

New build properties in Lincoln

Of the properties sold in Lincoln during 2021, 0.1% were new build properties.

The average price paid for a new build property in Lincoln was £9,411 higher than the average price paid for an existing property.

Of the new build properties sold, the most common type was semi-detached houses (100% of new build properties sold). For existing properties, the most common type is terraced houses (36% of existing properties sold).

Average rent

£644

Rental Market of Lincoln

Crime rate (per 1,000 people)

123

Lincoln Crime

Population

100,049

Lincoln population