Black Griffin Lane, Canterbury, CT1

Street Guide For Black Griffin Lane, Canterbury, CT1

 

Black Griffin Lane, Canterbury, CT1 Map

Estimated Price: £212,938
Average Asking Price: £242,208
Price change in last one year: £14,596
Average Price Paid: £192,646
Average Rent Rates: £1,264

 

Property Prices Breakdown in Black Griffin Lane, Canterbury, CT1

Average Price for property in Black Griffin Lane, Canterbury, CT1 is around £212,938 which varies based on type of property you are interested in and ranges from £224,266 for semi-detached to around £212,446 for terraced house. Values have been changing and have risen £435 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,322 in last 6 months, £14,596 in last 1 year, £29,448 in last 2 years, £32,527 in last 3 years, £25,738 in last 4 years and £32,270 in last 5 years.

Currently average asking price of a property in Black Griffin Lane, Canterbury, CT1 is around £242,208 based on approximately 3 properties for sale. Same is the case with rental options based on 445 properties up for rent, average asking rent is around £1,264 per month.

Estimated property value in Black Griffin Lane, Canterbury, CT1 is £212,938. Average asking price is £242,208 while average price paid is £218,333 which is up by £14,596 and Avg. asking rent £1,264.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 Black Griffin Lane, Canterbury, CT1 area. In last 1 year alone average price buyer paid is around £218,333 based on approximately 3 sales in Black Griffin Lane, Canterbury, CT1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £194,516. 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 £192,646 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £189,634 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 £75,000, £218,518 for a 2 bedroom house, £290,791 for a 3 bedroom house, £412,321 for a 4 bedroom house and £583,317 for a 5 bedroom house. For a flat similarly the prices varies from £138,964 for a single bedroom to £206,912 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £337,812. To sum up the asking prices for properties in Black Griffin Lane, Canterbury, CT1 it comes to around average £137,026 for 1 bedroom property, £211,886 for 2 bedroom, £300,958 for 3 bedroom, £412,321 for 4 bedroom and £583,317 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 £406 for 1 bedroom to £774 for 2 bedrooms, £1,107 for 3 bedrooms, £1,340 for 4 bedrooms and £1,852 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £735. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £970, £1,285 for 3 bedroom and £1,524 for 4 bedroom. You should be generally be expecting around average £524 rent per month for single bedroom property, £891 for 2 bedroom, £1,158 for 3 bedroom, £1,345 for 4 bedroom and approximately £1,852 for a 5 bedroom property in Black Griffin Lane, Canterbury, CT1 area.

Popular Houses in Black Griffin Lane, Canterbury, CT1

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 Black Griffin Lane, Canterbury, CT1