Bingham Road, Sheffield, S8

Street Guide For Bingham Road, Sheffield, S8

 

Bingham Road, Sheffield, S8 Map

Estimated Price: £158,924
Average Asking Price: £195,014
Price change in last one year: £9,605
Average Price Paid: £146,635
Average Rent Rates: £560

 

Property Prices Breakdown in Bingham Road, Sheffield, S8

Average Price for property in Bingham Road, Sheffield, S8 is around £158,924 e.g. average price for terraced house is around 158,924. Values have been changing and have risen £52 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,141 in last 6 months, £9,605 in last 1 year, £14,465 in last 2 years, £17,468 in last 3 years, £14,386 in last 4 years and £13,054 in last 5 years.

Currently average asking price of a property in Bingham Road, Sheffield, S8 is around £195,014 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £560 per month.

Estimated property value in Bingham Road, Sheffield, S8 is £158,924. Average asking price is £195,014 while average price paid is £142,500 which is up by £9,605 and Avg. asking rent £560.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 Bingham Road, Sheffield, S8 area. In last 1 year alone average price buyer paid is around £142,500 based on approximately 1 sales in Bingham Road, Sheffield, S8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £151,490. 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 £146,635 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £136,581 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 £120,000, £148,319 for a 2 bedroom house, £176,797 for a 3 bedroom house, £266,348 for a 4 bedroom house and £456,250 for a 5 bedroom house. For a flat similarly the prices varies from £75,312 for a single bedroom to £98,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £107,500. To sum up the asking prices for properties in Bingham Road, Sheffield, S8 it comes to around average £84,250 for 1 bedroom property, £137,419 for 2 bedroom, £174,231 for 3 bedroom, £266,348 for 4 bedroom and £456,250 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 £451 for 1 bedroom to £623 for 2 bedroom, £625 for 3 bedroom and £891 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £523 and £724 for 3 bedroom. You should be generally be expecting around average £430 rent per month for single bedroom property, £603 for 2 bedroom, £630 for 3 bedroom and approximately £890 for 4 bedroom property in Bingham Road, Sheffield, S8 area.

Popular Houses in Bingham Road, Sheffield, S8

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 Bingham Road, Sheffield, S8