Brown Lane, Bamber Bridge, Preston, PR5

Street Guide For Brown Lane, Bamber Bridge, Preston, PR5

 

Brown Lane, Bamber Bridge, Preston, PR5 Map

Estimated Price: £138,176
Average Asking Price: £187,111
Price change in last one year: £5,970
Average Price Paid: £108,431
Average Rent Rates: £591

 

Property Prices Breakdown in Brown Lane, Bamber Bridge, Preston, PR5

Average Price for property in Brown Lane, Bamber Bridge, Preston, PR5 is around £138,176 which varies based on type of property you are interested in and ranges from £189,373 for detached house to around £135,668 for semi-detached. Similarly terraced house is around £140,337. Values have been changing and have risen £58 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,367 in last 6 months, £5,970 in last 1 year, £9,717 in last 2 years, £10,949 in last 3 years, £6,764 in last 4 years and £4,588 in last 5 years.

Currently average asking price of a property in Brown Lane, Bamber Bridge, Preston, PR5 is around £187,111 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £591 per month.

Estimated property value in Brown Lane, Bamber Bridge, Preston, PR5 is £138,176. Average asking price is £187,111 while average price paid is £115,625 which is up by £5,970 and Avg. asking rent £591.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 Brown Lane, Bamber Bridge, Preston, PR5 area. In last 1 year alone average price buyer paid is around £115,625 based on approximately 2 sales in Brown Lane, Bamber Bridge, Preston, PR5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £121,812. 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 £108,431 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £118,605 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 £81,225, £115,686 for a 2 bedroom house, £158,095 for a 3 bedroom house, £242,306 for a 4 bedroom house and £419,367 for a 5 bedroom house. For a flat similarly the prices varies from £62,500 for a single bedroom to £82,480 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £249,995. To sum up the asking prices for properties in Brown Lane, Bamber Bridge, Preston, PR5 it comes to around average £76,544 for 1 bedroom property, £111,779 for 2 bedroom, £158,751 for 3 bedroom, £242,306 for 4 bedroom and £419,367 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 £498 for 1 bedroom to £528 for 2 bedroom, £714 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £410. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £515 and £516 for 3 bedroom. You should be generally be expecting around average £419 rent per month for single bedroom property, £522 for 2 bedroom, £703 for 3 bedroom and approximately £849 for 4 bedroom property in Brown Lane, Bamber Bridge, Preston, PR5 area.

Popular Houses in Brown Lane, Bamber Bridge, Preston, PR5

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 Brown Lane, Bamber Bridge, Preston, PR5