Belfield Road, Accrington, BB5

Street Guide For Belfield Road, Accrington, BB5

 

Belfield Road, Accrington, BB5 Map

Estimated Price: £53,274
Average Asking Price: £125,052
Price change in last one year: £3,064
Average Price Paid: £35,343
Average Rent Rates: £504

 

Property Prices Breakdown in Belfield Road, Accrington, BB5

Average Price for property in Belfield Road, Accrington, BB5 is around £53,274 which varies based on type of property you are interested in and ranges from £47,034 for semi-detached to around £53,602 for terraced house. Values have been changing and have risen £327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,328 in last 6 months, £3,064 in last 1 year, £4,673 in last 2 years, £4,505 in last 3 years, £2,853 in last 4 years and £2,591 in last 5 years.

Currently average asking price of a property in Belfield Road, Accrington, BB5 is around £125,052 based on approximately 3 properties for sale. Same is the case with rental options based on 256 properties up for rent, average asking rent is around £504 per month.

Estimated property value in Belfield Road, Accrington, BB5 is £53,274. Average asking price is £125,052 while average price paid is £42,500 which is up by £3,064 and Avg. asking rent £504.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 Belfield Road, Accrington, BB5 area. In last 1 year alone average price buyer paid is around £42,500 based on approximately 3 sales in Belfield Road, Accrington, BB5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £32,050. 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 £35,343 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £40,247 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 £39,967, £82,702 for a 2 bedroom house, £126,796 for a 3 bedroom house, £205,464 for a 4 bedroom house and £399,985 for a 5 bedroom house. For a flat similarly the prices varies from £54,975 for a single bedroom to £79,481 for a 2 bedroom Flat. To sum up the asking prices for properties in Belfield Road, Accrington, BB5 it comes to around average £45,970 for 1 bedroom property, £82,616 for 2 bedroom, £126,796 for 3 bedroom, £205,464 for 4 bedroom and £399,985 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 £393 for 1 bedroom to £401 for 2 bedrooms, £478 for 3 bedrooms, £664 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £424 and £516 for 3 bedroom. You should be generally be expecting around average £382 rent per month for single bedroom property, £403 for 2 bedroom, £480 for 3 bedroom, £664 for 4 bedroom and approximately £897 for a 5 bedroom property in Belfield Road, Accrington, BB5 area.

Popular Houses in Belfield Road, Accrington, BB5

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 Belfield Road, Accrington, BB5