Borough Lane, Saffron Walden, CB11

Street Guide For Borough Lane, Saffron Walden, CB11

 

Borough Lane, Saffron Walden, CB11 Map

Estimated Price: £601,748
Average Asking Price: £378,827
Price change in last one year: £43,691
Average Price Paid: £560,000
Average Rent Rates: £901

 

Property Prices Breakdown in Borough Lane, Saffron Walden, CB11

Average Price for property in Borough Lane, Saffron Walden, CB11 is around £601,748 which varies based on type of property you are interested in and ranges from £712,935 for detached house to around £464,850 for semi-detached. Similarly terraced house is around £422,461. Values have been changing and have risen £1,287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,120 in last 6 months, £43,691 in last 1 year, £68,242 in last 2 years, £82,933 in last 3 years, £88,493 in last 4 years and £96,149 in last 5 years.

Currently average asking price of a property in Borough Lane, Saffron Walden, CB11 is around £378,827 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £901 per month.

Estimated property value in Borough Lane, Saffron Walden, CB11 is £601,748. Average asking price is £378,827 while average price paid is £385,000 which is up by £43,691 and Avg. asking rent £901.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 Borough Lane, Saffron Walden, CB11 area. In last 1 year alone average price buyer paid is around £385,000 based on approximately 1 sales in Borough Lane, Saffron Walden, CB11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £560,000. 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 £560,000 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £546,707 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 £197,475, £301,349 for a 2 bedroom house, £383,973 for a 3 bedroom house, £542,938 for a 4 bedroom house and £892,500 for a 5 bedroom house. For a flat similarly the prices varies from £137,950 for a single bedroom to £230,177 for a 2 bedroom Flat. To sum up the asking prices for properties in Borough Lane, Saffron Walden, CB11 it comes to around average £145,887 for 1 bedroom property, £257,855 for 2 bedroom, £383,973 for 3 bedroom, £542,938 for 4 bedroom and £892,500 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 £568 for 1 bedroom to £919 for 2 bedroom, £1,093 for 3 bedroom and £1,479 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £584. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £765. You should be generally be expecting around average £575 rent per month for single bedroom property, £824 for 2 bedroom, £1,093 for 3 bedroom and approximately £1,479 for 4 bedroom property in Borough Lane, Saffron Walden, CB11 area.

Popular Houses in Borough Lane, Saffron Walden, CB11

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 Borough Lane, Saffron Walden, CB11