Broadmark Lane, Rustington, Littlehampton, BN16

Street Guide For Broadmark Lane, Rustington, Littlehampton, BN16

 

Broadmark Lane, Rustington, Littlehampton, BN16 Map

Estimated Price: £391,138
Average Asking Price: £358,388
Price change in last one year: £22,651
Average Price Paid: £302,378
Average Rent Rates: £1,425

 

Property Prices Breakdown in Broadmark Lane, Rustington, Littlehampton, BN16

Average Price for property in Broadmark Lane, Rustington, Littlehampton, BN16 is around £391,138 which varies based on type of property you are interested in and ranges from £435,740 for detached house to around £383,346 for semi-detached. Similarly terraced house is around £331,511 and a flat is worth £381,815. Values have been changing and have risen £709 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,481 in last 6 months, £22,651 in last 1 year, £44,321 in last 2 years, £52,948 in last 3 years, £53,178 in last 4 years and £54,574 in last 5 years.

Currently average asking price of a property in Broadmark Lane, Rustington, Littlehampton, BN16 is around £358,388 based on approximately 6 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,425 per month.

Estimated property value in Broadmark Lane, Rustington, Littlehampton, BN16 is £391,138. Average asking price is £358,388 while average price paid is £323,583 which is up by £22,651 and Avg. asking rent £1,425.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 Broadmark Lane, Rustington, Littlehampton, BN16 area. In last 1 year alone average price buyer paid is around £323,583 based on approximately 6 sales in Broadmark Lane, Rustington, Littlehampton, BN16 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £316,671. 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 £302,378 for 38 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £294,257 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 £116,544, £274,067 for a 2 bedroom house, £365,487 for a 3 bedroom house, £521,087 for a 4 bedroom house and £747,980 for a 5 bedroom house. For a flat similarly the prices varies from £134,056 for a single bedroom to £220,791 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £204,500. To sum up the asking prices for properties in Broadmark Lane, Rustington, Littlehampton, BN16 it comes to around average £125,300 for 1 bedroom property, £242,288 for 2 bedroom, £353,562 for 3 bedroom, £521,087 for 4 bedroom and £747,980 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 £903 for 2 bedroom to £936 for 3 bedroom and £1,448 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £883 and £802 for 3 bedroom. You should be generally be expecting around average £399 rent per month for single bedroom property, £890 for 2 bedroom, £891 for 3 bedroom and approximately £1,448 for 4 bedroom property in Broadmark Lane, Rustington, Littlehampton, BN16 area.

Popular Houses in Broadmark Lane, Rustington, Littlehampton, BN16

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 Broadmark Lane, Rustington, Littlehampton, BN16