Bangor, LL57

Street Guide For Bangor, LL57

 

Bangor, LL57 Map

Estimated Price: £285,062
Average Asking Price: £209,119
Price change in last one year: £8,157
Average Price Paid: £210,812
Average Rent Rates: £1,562

 

Property Prices Breakdown in Bangor, LL57

Average Price for property in Bangor, LL57 is around £285,062 which varies based on type of property you are interested in and ranges from £302,115 for detached house to around £131,586 for semi-detached. Similarly flat is around £378,787. Values have been changing and have risen £85 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £947 in last 6 months, £8,157 in last 1 year, £22,822 in last 2 years, £21,170 in last 3 years, £19,897 in last 4 years and £11,916 in last 5 years.

Currently average asking price of a property in Bangor, LL57 is around £209,119 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,562 per month.

Estimated property value in Bangor, LL57 is £285,062. Average asking price is £209,119 while average price paid is £395,000 which is up by £8,157 and Avg. asking rent £1,562.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 Bangor, LL57 area. In last 1 year alone average price buyer paid is around £395,000 based on approximately 1 sales in Bangor, LL57 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £395,000. 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 £210,812 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £234,650 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 £131,250, £118,349 for a 2 bedroom house, £178,007 for a 3 bedroom house, £241,575 for a 4 bedroom house and £261,430 for a 5 bedroom house. For a flat similarly the prices varies from £51,250 for a single bedroom to £112,071 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £120,000 and £149,950 for a 4 bedroom flat. To sum up the asking prices for properties in Bangor, LL57 it comes to around average £91,250 for 1 bedroom property, £116,931 for 2 bedroom, £177,056 for 3 bedroom, £239,444 for 4 bedroom and £261,430 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 £524 for 2 bedroom to £706 for 3 bedroom, £908 for 4 bedroom and £1,226 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £399. You should be generally be expecting around average £459 rent per month for single bedroom property, £462 for 2 bedroom, £706 for 3 bedroom, £908 for 4 bedroom and approximately £1,226 for a 5 bedroom property in Bangor, LL57 area.

Popular Houses in Bangor, LL57

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 Bangor, LL57