Burlington Place, Shrewsbury, SY3

Street Guide For Burlington Place, Shrewsbury, SY3

 

Burlington Place, Shrewsbury, SY3 Map

Estimated Price: £148,377
Average Asking Price: £264,840
Price change in last one year: £4,903
Average Price Paid: £145,625
Average Rent Rates: £799

 

Property Prices Breakdown in Burlington Place, Shrewsbury, SY3

Average Price for property in Burlington Place, Shrewsbury, SY3 is around £148,377 which varies based on type of property you are interested in and ranges from £190,453 for terraced house to around £138,220 for a flat. Values have been changing and have risen £155 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,430 in last 6 months, £4,903 in last 1 year, £11,300 in last 2 years, £11,872 in last 3 years, £9,985 in last 4 years and £9,012 in last 5 years.

Currently average asking price of a property in Burlington Place, Shrewsbury, SY3 is around £264,840 based on approximately 1 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £799 per month.

Estimated property value in Burlington Place, Shrewsbury, SY3 is £148,377. Average asking price is £264,840 while average price paid is £220,000 which is up by £4,903 and Avg. asking rent £799.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 Burlington Place, Shrewsbury, SY3 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in Burlington Place, Shrewsbury, SY3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £145,625. 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 £145,625 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £132,250 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 £96,633, £181,024 for a 2 bedroom house, £230,754 for a 3 bedroom house, £365,174 for a 4 bedroom house and £465,567 for a 5 bedroom house. For a flat similarly the prices varies from £104,216 for a single bedroom to £157,584 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,972. To sum up the asking prices for properties in Burlington Place, Shrewsbury, SY3 it comes to around average £102,952 for 1 bedroom property, £173,462 for 2 bedroom, £229,455 for 3 bedroom, £365,174 for 4 bedroom and £465,567 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 £465 for 1 bedroom to £582 for 2 bedroom, £752 for 3 bedroom and £1,167 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £440. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £683. You should be generally be expecting around average £445 rent per month for single bedroom property, £630 for 2 bedroom, £752 for 3 bedroom and approximately £1,167 for 4 bedroom property in Burlington Place, Shrewsbury, SY3 area.

Popular Houses in Burlington Place, Shrewsbury, SY3

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 Burlington Place, Shrewsbury, SY3