Cedar Close, Market Rasen, LN8

Street Guide For Cedar Close, Market Rasen, LN8

 

Cedar Close, Market Rasen, LN8 Map

Estimated Price: £105,482
Average Asking Price: £214,798
Price change in last one year: £4,346
Average Price Paid: £82,750
Average Rent Rates: £516

 

Property Prices Breakdown in Cedar Close, Market Rasen, LN8

Average Price for property in Cedar Close, Market Rasen, LN8 is around £105,482 which varies based on type of property you are interested in and ranges from £163,998 for detached house to around £99,717 for semi-detached. Similarly terraced house is around £97,502 and a flat is worth £105,871. Values have been changing and have risen £292 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,353 in last 6 months, £4,346 in last 1 year, £12,073 in last 2 years, £10,073 in last 3 years, £9,061 in last 4 years and £9,377 in last 5 years.

Currently average asking price of a property in Cedar Close, Market Rasen, LN8 is around £214,798 based on approximately 0 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £516 per month.

Estimated property value in Cedar Close, Market Rasen, LN8 is £105,482. Average asking price is £214,798 while average price paid is £67,500 which is up by £10,073 and Avg. asking rent £516.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 Cedar Close, Market Rasen, LN8 area. In last 3 years alone average price buyer paid is around £67,500 based on approximately 2 sales in Cedar Close, Market Rasen, LN8 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £82,750. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £84,785 for 7 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 £61,962, £133,163 for a 2 bedroom house, £181,015 for a 3 bedroom house, £309,735 for a 4 bedroom house and £444,532 for a 5 bedroom house. For a flat similarly the prices varies from £44,000 for a single bedroom to £109,617 for a 2 bedroom Flat. To sum up the asking prices for properties in Cedar Close, Market Rasen, LN8 it comes to around average £52,981 for 1 bedroom property, £128,882 for 2 bedroom, £181,015 for 3 bedroom, £309,735 for 4 bedroom and £444,532 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 £442 for 1 bedroom to £473 for 2 bedroom and £630 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £311. You should be generally be expecting around average £333 rent per month for single bedroom property, £473 for 2 bedroom and approximately £630 for 3 bedroom property in Cedar Close, Market Rasen, LN8 area.

Popular Houses in Cedar Close, Market Rasen, LN8

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 Cedar Close, Market Rasen, LN8