AL8

Real Estate Area Guide For AL8

 

AL8 Map

Estimated Price: £460,129
Average Asking Price: £680,000
Price change in last one year: £36,465
Average Price Paid: £363,240
Average Rent Rates: £2,584

 

Property Prices Breakdown in AL8

Average Price for property in AL8 is around £460,129 which varies based on type of property you are interested in and ranges from £704,494 for detached house to around £488,397 for semi-detached. Similarly terraced house is around £356,567 and a flat is worth £258,305. Values have been changing and have risen £237 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,100 in last 6 months, £36,465 in last 1 year, £63,196 in last 2 years, £78,038 in last 3 years, £75,400 in last 4 years and £83,869 in last 5 years.

Currently average asking price of a property in AL8 is around £680,000 based on approximately 192 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £2,584 per month.

Estimated property value in AL8 is £460,129. Average asking price is £680,000 while average price paid is £387,946 which is up by £36,465 and Avg. asking rent £2,584.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 AL8 area. In last 1 year alone average price buyer paid is around £387,946 based on approximately 192 sales in AL8 area alone. If you compare it to last 3 years sales of 531 properties where buyers paid around £373,510. 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 £363,240 for 819 and average amount paid for purchase of approx. 1,093 properties sold in last 7 years comes to about £351,191 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 2 bedroom is around £280,000, £547,500 for a 3 bedroom house, £595,000 for a 4 bedroom house and £615,000 for a 5 bedroom house. For a flat the prices of single bedroom is £180,000. To sum up the asking prices for properties in AL8 it comes to around average £180,000 for 1 bedroom property, £280,000 for 2 bedroom, £547,500 for 3 bedroom, £595,000 for 4 bedroom and £615,000 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 £1,447 for 3 bedroom to £2,249 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £871. You should be generally be expecting around average £871 rent per month for 2 bedroom property, £1,448 for 3 bedroom and approximately £2,249 for 5 bedroom property in AL8 area.

Popular Houses in AL8

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.

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