Broughton Lane, Salford, M7

Street Guide For Broughton Lane, Salford, M7

 

Broughton Lane, Salford, M7 Map

Estimated Price: £123,797
Average Asking Price: £208,877
Price change in last one year: £6,943
Average Price Paid: £129,716
Average Rent Rates: £731

 

Property Prices Breakdown in Broughton Lane, Salford, M7

Average Price for property in Broughton Lane, Salford, M7 is around £123,797 which varies based on type of property you are interested in and ranges from £277,715 for detached house to around £161,921 for terraced house. Similarly flat is around £92,168. Values have been changing and have risen £77 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £338 in last 6 months, £6,943 in last 1 year, £11,676 in last 2 years, £11,196 in last 3 years, £11,402 in last 4 years and £7,865 in last 5 years.

Currently average asking price of a property in Broughton Lane, Salford, M7 is around £208,877 based on approximately 5 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £731 per month.

Estimated property value in Broughton Lane, Salford, M7 is £123,797. Average asking price is £208,877 while average price paid is £102,890 which is up by £6,943 and Avg. asking rent £731.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 Broughton Lane, Salford, M7 area. In last 1 year alone average price buyer paid is around £102,890 based on approximately 5 sales in Broughton Lane, Salford, M7 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £131,291. 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 £129,716 for 28 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £113,885 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 £150,000, £105,789 for a 2 bedroom house, £159,035 for a 3 bedroom house, £262,001 for a 4 bedroom house and £337,722 for a 5 bedroom house. For a flat similarly the prices varies from £69,902 for a single bedroom to £127,869 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,580. To sum up the asking prices for properties in Broughton Lane, Salford, M7 it comes to around average £74,352 for 1 bedroom property, £121,937 for 2 bedroom, £169,997 for 3 bedroom, £262,001 for 4 bedroom and £337,722 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 £342 for 1 bedroom to £724 for 2 bedrooms, £745 for 3 bedrooms, £778 for 4 bedrooms and £1,148 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £567 and £550 for 3 bedroom. You should be generally be expecting around average £421 rent per month for single bedroom property, £573 for 2 bedroom, £731 for 3 bedroom, £778 for 4 bedroom and approximately £1,148 for a 5 bedroom property in Broughton Lane, Salford, M7 area.

Popular Houses in Broughton Lane, Salford, M7

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 Broughton Lane, Salford, M7