Butcher Lane, Wythenshawe, Manchester, M23

Street Guide For Butcher Lane, Wythenshawe, Manchester, M23

 

Butcher Lane, Wythenshawe, Manchester, M23 Map

Estimated Price: £198,385
Average Asking Price: £155,799
Price change in last one year: £15,195
Average Price Paid: £147,833
Average Rent Rates: £1,532

 

Property Prices Breakdown in Butcher Lane, Wythenshawe, Manchester, M23

Average Price for property in Butcher Lane, Wythenshawe, Manchester, M23 is around £198,385 which varies based on type of property you are interested in and ranges from £180,647 for detached house to around £254,892 for semi-detached. Similarly terraced house is around £131,363. Values have been changing and have risen £422 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,639 in last 6 months, £15,195 in last 1 year, £23,869 in last 2 years, £22,979 in last 3 years, £22,307 in last 4 years and £18,604 in last 5 years.

Currently average asking price of a property in Butcher Lane, Wythenshawe, Manchester, M23 is around £155,799 based on approximately 1 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,532 per month.

Estimated property value in Butcher Lane, Wythenshawe, Manchester, M23 is £198,385. Average asking price is £155,799 while average price paid is £100,000 which is up by £15,195 and Avg. asking rent £1,532.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 Butcher Lane, Wythenshawe, Manchester, M23 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 1 sales in Butcher Lane, Wythenshawe, Manchester, M23 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £147,833. 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 £147,833 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £141,625 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 2 bedroom is around £141,954, £148,709 for a 3 bedroom house, £332,485 for a 4 bedroom house and £358,300 for a 5 bedroom house. For a flat similarly the prices varies from £88,928 for a single bedroom to £102,465 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £112,500. To sum up the asking prices for properties in Butcher Lane, Wythenshawe, Manchester, M23 it comes to around average £88,928 for 1 bedroom property, £115,949 for 2 bedroom, £147,541 for 3 bedroom, £332,485 for 4 bedroom and £358,300 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 £611 for 2 bedroom to £719 for 3 bedroom and £880 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £563. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £713. You should be generally be expecting around average £576 rent per month for 2 bedroom property, £718 for 3 bedroom and approximately £880 for 4 bedroom property in Butcher Lane, Wythenshawe, Manchester, M23 area.

Popular Houses in Butcher Lane, Wythenshawe, Manchester, M23

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 Butcher Lane, Wythenshawe, Manchester, M23