Bank Lane, Little Hulton, Manchester, M38

Street Guide For Bank Lane, Little Hulton, Manchester, M38

 

Bank Lane, Little Hulton, Manchester, M38 Map

Estimated Price: £68,065
Average Asking Price: £80,905
Price change in last one year: £5,064
Average Price Paid: £52,500
Average Rent Rates: £646

 

Property Prices Breakdown in Bank Lane, Little Hulton, Manchester, M38

Average Price for property in Bank Lane, Little Hulton, Manchester, M38 is around £68,065 which varies based on type of property you are interested in and ranges from £79,512 for semi-detached to around £61,197 for terraced house. Values have been changing and have risen £107 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £431 in last 6 months, £5,064 in last 1 year, £7,337 in last 2 years, £8,010 in last 3 years, £7,770 in last 4 years and £6,606 in last 5 years.

Currently average asking price of a property in Bank Lane, Little Hulton, Manchester, M38 is around £80,905 based on approximately 0 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £646 per month.

Estimated property value in Bank Lane, Little Hulton, Manchester, M38 is £68,065. Average asking price is £80,905 while average price paid is £52,500 which is up by £8,010 and Avg. asking rent £646.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 Bank Lane, Little Hulton, Manchester, M38 area. In last 3 years alone average price buyer paid is around £52,500 based on approximately 1 sales in Bank Lane, Little Hulton, Manchester, M38 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £52,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £53,750 for 2 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 £73,157, £89,557 for a 3 bedroom house and £88,356 for a 4 bedroom house. For a flat the prices of 2 bedroom is £61,000. To sum up the asking prices for properties in Bank Lane, Little Hulton, Manchester, M38 it comes to around average £71,674 for 2 bedroom property, £89,557 for 3 bedroom and £88,356 for 4 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 £441 for 2 bedroom to £492 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £423. You should be generally be expecting around average £372 rent per month for single bedroom property, £438 for 2 bedroom and approximately £492 for 3 bedroom property in Bank Lane, Little Hulton, Manchester, M38 area.

Popular Houses in Bank Lane, Little Hulton, Manchester, M38

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 Bank Lane, Little Hulton, Manchester, M38