Brookfield Terrace, Bay Horse, Lancaster, LA2

Street Guide For Brookfield Terrace, Bay Horse, Lancaster, LA2

 

Brookfield Terrace, Bay Horse, Lancaster, LA2 Map

Estimated Price: £188,676
Average Asking Price: £302,926
Price change in last one year: £8,513
Average Price Paid: £220,000
Average Rent Rates: £645

 

Property Prices Breakdown in Brookfield Terrace, Bay Horse, Lancaster, LA2

Average Price for property in Brookfield Terrace, Bay Horse, Lancaster, LA2 is around £188,676 e.g. average price for terraced house is around 188,676. Values have been changing and have risen £766 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,291 in last 6 months, £8,513 in last 1 year, £14,716 in last 2 years, £15,260 in last 3 years, £14,231 in last 4 years and £6,802 in last 5 years.

Currently average asking price of a property in Brookfield Terrace, Bay Horse, Lancaster, LA2 is around £302,926 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £645 per month.

Estimated property value in Brookfield Terrace, Bay Horse, Lancaster, LA2 is £188,676. Average asking price is £302,926 while average price paid is £220,000 which is up by £6,802 and Avg. asking rent £645.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 Brookfield Terrace, Bay Horse, Lancaster, LA2 area. In last 5 years alone average price buyer paid is around £220,000 based on approximately 1 sales in Brookfield Terrace, Bay Horse, Lancaster, LA2 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £192,700.

 
 

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 £97,000, £177,808 for a 2 bedroom house, £257,930 for a 3 bedroom house, £318,646 for a 4 bedroom house and £507,601 for a 5 bedroom house. For a flat similarly the prices varies from £117,488 for a single bedroom to £173,938 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,000. To sum up the asking prices for properties in Brookfield Terrace, Bay Horse, Lancaster, LA2 it comes to around average £115,211 for 1 bedroom property, £176,290 for 2 bedroom, £257,820 for 3 bedroom, £318,646 for 4 bedroom and £507,601 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 £515 for 1 bedroom to £741 for 2 bedroom, £679 for 3 bedroom and £823 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £514 rent per month for single bedroom property, £692 for 2 bedroom, £679 for 3 bedroom and approximately £823 for 4 bedroom property in Brookfield Terrace, Bay Horse, Lancaster, LA2 area.

Popular Houses in Brookfield Terrace, Bay Horse, Lancaster, LA2

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 Brookfield Terrace, Bay Horse, Lancaster, LA2