Bailey Lane, Hewelsfield, Lydney, GL15

Street Guide For Bailey Lane, Hewelsfield, Lydney, GL15

 

Bailey Lane, Hewelsfield, Lydney, GL15 Map

Estimated Price: £565,722
Average Asking Price: £264,537
Price change in last one year: £49,873
Average Price Paid: £456,500
Average Rent Rates: £724

 

Property Prices Breakdown in Bailey Lane, Hewelsfield, Lydney, GL15

Average Price for property in Bailey Lane, Hewelsfield, Lydney, GL15 is around £565,722 e.g. average price for detached house is around 565,722. Values have been changing and have risen £5,076 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,465 in last 6 months, £49,873 in last 1 year, £71,414 in last 2 years, £65,211 in last 3 years, £55,743 in last 4 years and £62,746 in last 5 years.

Currently average asking price of a property in Bailey Lane, Hewelsfield, Lydney, GL15 is around £264,537 based on approximately 2 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £724 per month.

Estimated property value in Bailey Lane, Hewelsfield, Lydney, GL15 is £565,722. Average asking price is £264,537 while average price paid is £403,750 which is up by £49,873 and Avg. asking rent £724.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 Bailey Lane, Hewelsfield, Lydney, GL15 area. In last 1 year alone average price buyer paid is around £403,750 based on approximately 2 sales in Bailey Lane, Hewelsfield, Lydney, GL15 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £403,750. 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 £456,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £456,500 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 £136,481, £150,288 for a 2 bedroom house, £228,743 for a 3 bedroom house, £323,680 for a 4 bedroom house and £508,250 for a 5 bedroom house. For a flat similarly the prices varies from £88,595 for a single bedroom to £124,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,995 and £99,950 for a 4 bedroom flat. To sum up the asking prices for properties in Bailey Lane, Hewelsfield, Lydney, GL15 it comes to around average £106,008 for 1 bedroom property, £149,255 for 2 bedroom, £227,680 for 3 bedroom, £320,985 for 4 bedroom and £508,250 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 £491 for 1 bedroom to £575 for 2 bedrooms, £667 for 3 bedrooms, £624 for 4 bedrooms and £1,774 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. You should be generally be expecting around average £434 rent per month for single bedroom property, £575 for 2 bedroom, £667 for 3 bedroom, £624 for 4 bedroom and approximately £1,774 for a 5 bedroom property in Bailey Lane, Hewelsfield, Lydney, GL15 area.

Popular Houses in Bailey Lane, Hewelsfield, Lydney, GL15

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 Bailey Lane, Hewelsfield, Lydney, GL15