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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.
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.
Price trends for small areas may be less statistically significant due to small sample sizes.
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.
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.
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).
Rental Market of Lincoln
Lincoln Crime
Lincoln population
The most common price band for property sales in Lincoln is £100k - £150k, which accounted for 21.6% of properties sold in 2021.
The cheapest properties in Lincoln were in the £50k - £100k price bracket, accounting for 3.3% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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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