Cedar Street, Accrington, BB5

Street Guide For Cedar Street, Accrington, BB5

 

Cedar Street, Accrington, BB5 Map

Estimated Price: £73,210
Average Asking Price: £125,052
Price change in last one year: £4,090
Average Price Paid: £38,900
Average Rent Rates: £504

 

Property Prices Breakdown in Cedar Street, Accrington, BB5

Average Price for property in Cedar Street, Accrington, BB5 is around £73,210 e.g. average price for terraced house is around 73,210. Values have been changing and have risen £436 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,774 in last 6 months, £4,090 in last 1 year, £6,241 in last 2 years, £6,014 in last 3 years, £3,803 in last 4 years and £3,451 in last 5 years.

Currently average asking price of a property in Cedar Street, Accrington, BB5 is around £125,052 based on approximately 1 properties for sale. Same is the case with rental options based on 256 properties up for rent, average asking rent is around £504 per month.

Estimated property value in Cedar Street, Accrington, BB5 is £73,210. Average asking price is £125,052 while average price paid is £42,500 which is up by £4,090 and Avg. asking rent £504.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 Street, Accrington, BB5 area. In last 1 year alone average price buyer paid is around £42,500 based on approximately 1 sales in Cedar Street, Accrington, BB5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £39,166. 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 £38,900 for 5 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £56,918 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 £39,967, £82,702 for a 2 bedroom house, £126,796 for a 3 bedroom house, £205,464 for a 4 bedroom house and £399,985 for a 5 bedroom house. For a flat similarly the prices varies from £54,975 for a single bedroom to £79,481 for a 2 bedroom Flat. To sum up the asking prices for properties in Cedar Street, Accrington, BB5 it comes to around average £45,970 for 1 bedroom property, £82,616 for 2 bedroom, £126,796 for 3 bedroom, £205,464 for 4 bedroom and £399,985 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 £393 for 1 bedroom to £401 for 2 bedrooms, £478 for 3 bedrooms, £664 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £424 and £516 for 3 bedroom. You should be generally be expecting around average £382 rent per month for single bedroom property, £403 for 2 bedroom, £480 for 3 bedroom, £664 for 4 bedroom and approximately £897 for a 5 bedroom property in Cedar Street, Accrington, BB5 area.

Popular Houses in Cedar Street, Accrington, BB5

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 Street, Accrington, BB5