Cedric Street, Salford, M5

Street Guide For Cedric Street, Salford, M5

 

Cedric Street, Salford, M5 Map

Estimated Price: £90,645
Average Asking Price: £148,869
Price change in last one year: £4,699
Average Price Paid: £81,611
Average Rent Rates: £755

Barlow White
27 Monton Green Manchester M30 9LL

Free House valuation

 

Property Prices Breakdown in Cedric Street, Salford, M5

Average Price for property in Cedric Street, Salford, M5 is around £90,645 e.g. average price for terraced house is around 90,645. Values have been changing and have risen £111 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £256 in last 6 months, £4,699 in last 1 year, £7,340 in last 2 years, £7,478 in last 3 years, £9,159 in last 4 years and £5,801 in last 5 years.

Currently average asking price of a property in Cedric Street, Salford, M5 is around £148,869 based on approximately 2 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £755 per month.

Estimated property value in Cedric Street, Salford, M5 is £90,645. Average asking price is £148,869 while average price paid is £64,500 which is up by £4,699 and Avg. asking rent £755.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 Cedric Street, Salford, M5 area. In last 1 year alone average price buyer paid is around £64,500 based on approximately 2 sales in Cedric Street, Salford, M5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £66,375. 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 £81,611 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £83,132 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 £92,625, £107,695 for a 2 bedroom house, £139,096 for a 3 bedroom house, £163,333 for a 4 bedroom house and £195,000 for a 5 bedroom house. For a flat similarly the prices varies from £94,086 for a single bedroom to £116,465 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £83,333 and £99,995 for a 4 bedroom flat. To sum up the asking prices for properties in Cedric Street, Salford, M5 it comes to around average £93,964 for 1 bedroom property, £115,423 for 2 bedroom, £131,492 for 3 bedroom, £147,499 for 4 bedroom and £195,000 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 £316 for 1 bedroom to £849 for 2 bedrooms, £848 for 3 bedrooms, £667 for 4 bedrooms and £347 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £676 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property, £633 for 2 bedroom, £814 for 3 bedroom, £667 for 4 bedroom and approximately £347 for a 5 bedroom property in Cedric Street, Salford, M5 area.

Popular Houses in Cedric Street, Salford, M5

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 Cedric Street, Salford, M5