Back Lane, Warwick, CV34

Street Guide For Back Lane, Warwick, CV34

 

Back Lane, Warwick, CV34 Map

Estimated Price: £440,774
Average Asking Price: £331,640
Price change in last one year: £13,713
Average Price Paid: £307,333
Average Rent Rates: £2,126

 

Property Prices Breakdown in Back Lane, Warwick, CV34

Average Price for property in Back Lane, Warwick, CV34 is around £440,774 e.g. average price for terraced house is around 440,774. Values have been changing and have risen £576 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,273 in last 6 months, £13,713 in last 1 year, £47,780 in last 2 years, £57,679 in last 3 years, £50,351 in last 4 years and £46,111 in last 5 years.

Currently average asking price of a property in Back Lane, Warwick, CV34 is around £331,640 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £2,126 per month.

Estimated property value in Back Lane, Warwick, CV34 is £440,774. Average asking price is £331,640 while average price paid is £305,000 which is up by £13,713 and Avg. asking rent £2,126.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, Warwick, CV34 area. In last 1 year alone average price buyer paid is around £305,000 based on approximately 1 sales in Back Lane, Warwick, CV34 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £307,333. 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 £307,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £307,333 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 £175,000, £210,231 for a 2 bedroom house, £294,497 for a 3 bedroom house, £411,088 for a 4 bedroom house and £478,990 for a 5 bedroom house. For a flat similarly the prices varies from £101,462 for a single bedroom to £195,446 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £495,000. To sum up the asking prices for properties in Back Lane, Warwick, CV34 it comes to around average £116,170 for 1 bedroom property, £203,603 for 2 bedroom, £301,411 for 3 bedroom, £411,088 for 4 bedroom and £478,990 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 £997 for 2 bedroom to £1,156 for 3 bedroom, £1,248 for 4 bedroom and £1,800 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £753 and £997 for 4 bedroom. You should be generally be expecting around average £650 rent per month for single bedroom property, £817 for 2 bedroom, £1,156 for 3 bedroom, £1,164 for 4 bedroom and approximately £1,800 for a 5 bedroom property in Back Lane, Warwick, CV34 area.

Popular Houses in Back Lane, Warwick, CV34

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, Warwick, CV34