Borrage Lane, Ripon, HG4

Street Guide For Borrage Lane, Ripon, HG4

 
 

Borrage Lane, Ripon, HG4 Map

Estimated Price: £357,304
Average Asking Price: £372,933
Price change in last one year: £29,060
Average Price Paid: £305,653
Average Rent Rates: £1,188

Alexander Gibson Estate Agents
5 Raglan Street, Harrogate, North Yorkshire HG1 1L

Free House valuation

 

Property Prices Breakdown in Borrage Lane, Ripon, HG4

Average Price for property in Borrage Lane, Ripon, HG4 is around £357,304 which varies based on type of property you are interested in and ranges from £434,200 for detached house to around £298,228 for semi-detached. Similarly terraced house is around £210,152 and a flat is worth £252,685. Values have been changing and have risen £2,963 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,678 in last 6 months, £29,060 in last 1 year, £41,940 in last 2 years, £38,473 in last 3 years, £34,890 in last 4 years and £31,159 in last 5 years.

Currently average asking price of a property in Borrage Lane, Ripon, HG4 is around £372,933 based on approximately 4 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £1,188 per month.

Estimated property value in Borrage Lane, Ripon, HG4 is £357,304. Average asking price is £372,933 while average price paid is £268,000 which is up by £29,060 and Avg. asking rent £1,188.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 Borrage Lane, Ripon, HG4 area. In last 1 year alone average price buyer paid is around £268,000 based on approximately 4 sales in Borrage Lane, Ripon, HG4 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £318,045. 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 £305,653 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £285,526 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 £107,970, £182,011 for a 2 bedroom house, £288,280 for a 3 bedroom house, £391,803 for a 4 bedroom house and £537,580 for a 5 bedroom house. For a flat similarly the prices varies from £129,838 for a single bedroom to £155,195 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £222,488 and £220,000 for a 4 bedroom flat. To sum up the asking prices for properties in Borrage Lane, Ripon, HG4 it comes to around average £122,028 for 1 bedroom property, £172,576 for 2 bedroom, £284,771 for 3 bedroom, £389,276 for 4 bedroom and £537,580 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 £501 for 1 bedroom to £785 for 3 bedroom, £1,002 for 4 bedroom and £1,659 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594 and £650 for 5 bedroom. You should be generally be expecting around average £479 rent per month for single bedroom property, £594 for 2 bedroom, £785 for 3 bedroom, £1,002 for 4 bedroom and approximately £1,491 for a 5 bedroom property in Borrage Lane, Ripon, HG4 area.

Popular Houses in Borrage Lane, Ripon, HG4

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 Borrage Lane, Ripon, HG4