Benmore Lane, Greenock, PA16

Street Guide For Benmore Lane, Greenock, PA16

 

Benmore Lane, Greenock, PA16 Map

Estimated Price: £62,865
Average Asking Price: £139,170
Price change in last one year: £2,767
Average Price Paid: £47,500
Average Rent Rates: £710

 

Property Prices Breakdown in Benmore Lane, Greenock, PA16

Average Price for property in Benmore Lane, Greenock, PA16 is around £62,865 which varies based on type of property you are interested in and ranges from £84,021 for detached house to around £53,164 for semi-detached. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £404 in last 6 months, £2,767 in last 1 year, £6,077 in last 2 years, £3,222 in last 3 years, £4,690 in last 4 years and £3,467 in last 5 years.

Currently average asking price of a property in Benmore Lane, Greenock, PA16 is around £139,170 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £710 per month.

Estimated property value in Benmore Lane, Greenock, PA16 is £62,865. Average asking price is £139,170 while average price paid is £47,000 which is up by £2,767 and Avg. asking rent £710.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 Benmore Lane, Greenock, PA16 area. In last 1 year alone average price buyer paid is around £47,000 based on approximately 1 sales in Benmore Lane, Greenock, PA16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £47,000. 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 £47,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £47,500 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 2 bedroom is around £97,694, £147,234 for a 3 bedroom house, £244,591 for a 4 bedroom house and £302,129 for a 5 bedroom house. For a flat similarly the prices varies from £55,962 for a single bedroom to £86,733 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £161,478, £188,491 for a 4 bedroom flat and £213,333 for a 5 bedroom flat. To sum up the asking prices for properties in Benmore Lane, Greenock, PA16 it comes to around average £55,962 for 1 bedroom property, £89,399 for 2 bedroom, £154,356 for 3 bedroom, £226,960 for 4 bedroom and £275,490 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 £425 for 2 bedroom to £797 for 3 bedroom and £1,250 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £451. You should be generally be expecting around average £407 rent per month for 2 bedroom property, £624 for 3 bedroom and approximately £1,250 for 4 bedroom property in Benmore Lane, Greenock, PA16 area.

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 Benmore Lane, Greenock, PA16