Bakers Lane, Lingfield, RH7

Street Guide For Bakers Lane, Lingfield, RH7

 

Bakers Lane, Lingfield, RH7 Map

Estimated Price: £336,894
Average Asking Price: £784,538
Price change in last one year: £26,092
Average Price Paid: £294,948
Average Rent Rates: £1,388

 

Property Prices Breakdown in Bakers Lane, Lingfield, RH7

Average Price for property in Bakers Lane, Lingfield, RH7 is around £336,894 which varies based on type of property you are interested in and ranges from £488,062 for detached house to around £338,844 for semi-detached. Similarly terraced house is around £311,723 and a flat is worth £212,758. Values have been changing and have risen £2,334 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,475 in last 6 months, £26,092 in last 1 year, £46,262 in last 2 years, £56,445 in last 3 years, £52,017 in last 4 years and £53,107 in last 5 years.

Currently average asking price of a property in Bakers Lane, Lingfield, RH7 is around £784,538 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,388 per month.

Estimated property value in Bakers Lane, Lingfield, RH7 is £336,894. Average asking price is £784,538 while average price paid is £540,000 which is up by £26,092 and Avg. asking rent £1,388.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 Bakers Lane, Lingfield, RH7 area. In last 1 year alone average price buyer paid is around £540,000 based on approximately 1 sales in Bakers Lane, Lingfield, RH7 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £292,263. 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 £294,948 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £289,734 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 £141,125, £349,333 for a 2 bedroom house, £721,654 for a 3 bedroom house, £1,025,292 for a 4 bedroom house and £1,103,000 for a 5 bedroom house. For a flat the prices of 2 bedroom is £170,000. To sum up the asking prices for properties in Bakers Lane, Lingfield, RH7 it comes to around average £141,125 for 1 bedroom property, £304,500 for 2 bedroom, £721,654 for 3 bedroom, £1,025,292 for 4 bedroom and £1,103,000 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 £712 for 1 bedroom to £1,049 for 2 bedrooms, £1,848 for 3 bedrooms, £2,375 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £997. You should be generally be expecting around average £596 rent per month for single bedroom property, £1,048 for 2 bedroom, £1,678 for 3 bedroom, £2,374 for 4 bedroom and approximately £2,500 for a 5 bedroom property in Bakers Lane, Lingfield, RH7 area.

Popular Houses in Bakers Lane, Lingfield, RH7

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 Bakers Lane, Lingfield, RH7