Albert Road, Skegness, PE25

Street Guide For Albert Road, Skegness, PE25

 

Albert Road, Skegness, PE25 Map

Estimated Price: £100,297
Average Asking Price: £183,606
Price change in last one year: £6,588
Average Price Paid: £46,000
Average Rent Rates: £436

 

Property Prices Breakdown in Albert Road, Skegness, PE25

Average Price for property in Albert Road, Skegness, PE25 is around £100,297 which varies based on type of property you are interested in and ranges from £103,364 for semi-detached to around £99,276 for terraced house. Values have been changing and have risen £790 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,107 in last 6 months, £6,588 in last 1 year, £11,748 in last 2 years, £11,685 in last 3 years, £11,363 in last 4 years and £8,555 in last 5 years.

Currently average asking price of a property in Albert Road, Skegness, PE25 is around £183,606 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £436 per month.

Estimated property value in Albert Road, Skegness, PE25 is £100,297. Average asking price is £183,606 while average price paid is £46,000 which is up by £6,588 and Avg. asking rent £436.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 Albert Road, Skegness, PE25 area. In last 1 year alone average price buyer paid is around £46,000 based on approximately 1 sales in Albert Road, Skegness, PE25 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £46,000. 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 £46,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £46,000 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 £67,200, £110,948 for a 2 bedroom house, £159,855 for a 3 bedroom house, £221,311 for a 4 bedroom house and £293,938 for a 5 bedroom house. For a flat similarly the prices varies from £43,857 for a single bedroom to £85,600 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £102,475. To sum up the asking prices for properties in Albert Road, Skegness, PE25 it comes to around average £53,583 for 1 bedroom property, £104,792 for 2 bedroom, £158,505 for 3 bedroom, £221,311 for 4 bedroom and £293,938 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 £600 for 2 bedroom to £599 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £376. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £466 and £524 for 3 bedroom. You should be generally be expecting around average £376 rent per month for single bedroom property, £495 for 2 bedroom and approximately £580 for 3 bedroom property in Albert Road, Skegness, PE25 area.

Popular Houses in Albert Road, Skegness, PE25

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 Albert Road, Skegness, PE25