Binsted Grove, Sheffield, S5

Street Guide For Binsted Grove, Sheffield, S5

 

Binsted Grove, Sheffield, S5 Map

Estimated Price: £142,161
Average Asking Price: £100,919
Price change in last one year: £6,802
Average Price Paid: £129,125
Average Rent Rates: £472

 

Property Prices Breakdown in Binsted Grove, Sheffield, S5

Average Price for property in Binsted Grove, Sheffield, S5 is around £142,161 which varies based on type of property you are interested in and ranges from £142,162 for detached house to around £143,346 for semi-detached. Similarly terraced house is around £125,563. Values have been changing and have risen £506 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £175 in last 6 months, £6,802 in last 1 year, £9,778 in last 2 years, £13,548 in last 3 years, £8,552 in last 4 years and £9,212 in last 5 years.

Currently average asking price of a property in Binsted Grove, Sheffield, S5 is around £100,919 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £472 per month.

Estimated property value in Binsted Grove, Sheffield, S5 is £142,161. Average asking price is £100,919 while average price paid is £132,500 which is up by £6,802 and Avg. asking rent £472.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 Binsted Grove, Sheffield, S5 area. In last 1 year alone average price buyer paid is around £132,500 based on approximately 3 sales in Binsted Grove, Sheffield, S5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £129,125. 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 £129,125 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £131,250 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 £66,950, £81,653 for a 2 bedroom house, £104,817 for a 3 bedroom house, £179,904 for a 4 bedroom house and £236,667 for a 5 bedroom house. For a flat similarly the prices varies from £63,237 for a single bedroom to £78,221 for a 2 bedroom Flat. To sum up the asking prices for properties in Binsted Grove, Sheffield, S5 it comes to around average £63,856 for 1 bedroom property, £80,700 for 2 bedroom, £104,817 for 3 bedroom, £179,904 for 4 bedroom and £236,667 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 £473 for 2 bedroom to £498 for 3 bedroom and £661 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £391 and £390 for 3 bedroom. You should be generally be expecting around average £363 rent per month for single bedroom property, £463 for 2 bedroom, £493 for 3 bedroom and approximately £661 for 4 bedroom property in Binsted Grove, Sheffield, S5 area.

Popular Houses in Binsted Grove, Sheffield, S5

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 Binsted Grove, Sheffield, S5