Burchnall Drive, Ingoldmells, Skegness, PE25

Street Guide For Burchnall Drive, Ingoldmells, Skegness, PE25

 

Burchnall Drive, Ingoldmells, Skegness, PE25 Map

Estimated Price: £119,746
Average Asking Price: £184,170
Price change in last one year: £8,619
Average Price Paid: £93,833
Average Rent Rates: £427

 

Property Prices Breakdown in Burchnall Drive, Ingoldmells, Skegness, PE25

Average Price for property in Burchnall Drive, Ingoldmells, Skegness, PE25 is around £119,746 e.g. average price for semi-detached is around 119,746. Values have been changing and have risen £1,034 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,756 in last 6 months, £8,619 in last 1 year, £15,368 in last 2 years, £15,287 in last 3 years, £14,867 in last 4 years and £11,188 in last 5 years.

Currently average asking price of a property in Burchnall Drive, Ingoldmells, Skegness, PE25 is around £184,170 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £427 per month.

Estimated property value in Burchnall Drive, Ingoldmells, Skegness, PE25 is £119,746. Average asking price is £184,170 while average price paid is £91,250 which is up by £8,619 and Avg. asking rent £427.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 Burchnall Drive, Ingoldmells, Skegness, PE25 area. In last 1 year alone average price buyer paid is around £91,250 based on approximately 2 sales in Burchnall Drive, Ingoldmells, Skegness, PE25 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £93,833. 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 £93,833 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £102,862 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 £67,200, £110,948 for a 2 bedroom house, £159,855 for a 3 bedroom house, £221,311 for a 4 bedroom house and £293,938 for a 5 bedroom house. For a flat similarly the prices varies from £43,857 for a single bedroom to £85,600 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £102,475. To sum up the asking prices for properties in Burchnall Drive, Ingoldmells, Skegness, PE25 it comes to around average £53,583 for 1 bedroom property, £104,792 for 2 bedroom, £158,505 for 3 bedroom, £221,311 for 4 bedroom and £293,938 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 £600 for 2 bedroom to £599 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £376. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £466 and £524 for 3 bedroom. You should be generally be expecting around average £376 rent per month for single bedroom property, £495 for 2 bedroom and approximately £580 for 3 bedroom property in Burchnall Drive, Ingoldmells, Skegness, PE25 area.

Popular Houses in Burchnall Drive, Ingoldmells, Skegness, PE25

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 Burchnall Drive, Ingoldmells, Skegness, PE25