Back Lane, Great Steeping, Spilsby, PE23

Street Guide For Back Lane, Great Steeping, Spilsby, PE23

 

Back Lane, Great Steeping, Spilsby, PE23 Map

Estimated Price: £274,956
Average Asking Price: £242,416
Price change in last one year: £15,949
Average Price Paid: £298,000
Average Rent Rates: £493

 

Property Prices Breakdown in Back Lane, Great Steeping, Spilsby, PE23

Average Price for property in Back Lane, Great Steeping, Spilsby, PE23 is around £274,956 e.g. average price for detached house is around 274,956. Values have been changing and have risen £1,653 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,554 in last 6 months, £15,949 in last 1 year, £34,906 in last 2 years, £32,556 in last 3 years, £26,527 in last 4 years and £29,031 in last 5 years.

Currently average asking price of a property in Back Lane, Great Steeping, Spilsby, PE23 is around £242,416 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £493 per month.

Estimated property value in Back Lane, Great Steeping, Spilsby, PE23 is £274,956. Average asking price is £242,416 while average price paid is £298,000 which is up by £15,949 and Avg. asking rent £493.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 Back Lane, Great Steeping, Spilsby, PE23 area. In last 1 year alone average price buyer paid is around £298,000 based on approximately 1 sales in Back Lane, Great Steeping, Spilsby, PE23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £298,000. 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 £298,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £298,000 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 2 bedroom is around £136,862, £184,147 for a 3 bedroom house, £340,788 for a 4 bedroom house and £324,077 for a 5 bedroom house. To sum up the asking prices for properties in Back Lane, Great Steeping, Spilsby, PE23 it comes to around average £136,862 for 2 bedroom property, £184,147 for 3 bedroom, £340,788 for 4 bedroom and £324,077 for 5 bedroom.

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 £375 for 2 bedroom to £576 for 3 bedroom and £750 for 5 bedroom. But if you are interested in renting a 4 bedroom flat then rent per month can be around £468. You should be generally be expecting around average £375 rent per month for 2 bedroom property, £576 for 3 bedroom, £468 for 4 bedroom and approximately £750 for 5 bedroom property in Back Lane, Great Steeping, Spilsby, PE23 area.

Popular Houses in Back Lane, Great Steeping, Spilsby, PE23

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 Back Lane, Great Steeping, Spilsby, PE23