Chancel Way, Darwen, BB3

Street Guide For Chancel Way, Darwen, BB3

 

Chancel Way, Darwen, BB3 Map

Estimated Price: £185,703
Average Asking Price: £141,458
Price change in last one year: £9,088
Average Price Paid: £172,500
Average Rent Rates: £453

 

Property Prices Breakdown in Chancel Way, Darwen, BB3

Average Price for property in Chancel Way, Darwen, BB3 is around £185,703 e.g. average price for detached house is around 185,703. Values have been changing and have risen £706 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,847 in last 6 months, £9,088 in last 1 year, £13,029 in last 2 years, £16,256 in last 3 years, £10,662 in last 4 years and £9,797 in last 5 years.

Currently average asking price of a property in Chancel Way, Darwen, BB3 is around £141,458 based on approximately 1 properties for sale. Same is the case with rental options based on 125 properties up for rent, average asking rent is around £453 per month.

Estimated property value in Chancel Way, Darwen, BB3 is £185,703. Average asking price is £141,458 while average price paid is £177,000 which is up by £9,088 and Avg. asking rent £453.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 Chancel Way, Darwen, BB3 area. In last 1 year alone average price buyer paid is around £177,000 based on approximately 1 sales in Chancel Way, Darwen, BB3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £172,500. 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 £172,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £172,500 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 £70,490, £81,411 for a 2 bedroom house, £140,431 for a 3 bedroom house, £245,045 for a 4 bedroom house and £370,396 for a 5 bedroom house. For a flat similarly the prices varies from £72,825 for a single bedroom to £114,200 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,950. To sum up the asking prices for properties in Chancel Way, Darwen, BB3 it comes to around average £71,764 for 1 bedroom property, £83,533 for 2 bedroom, £140,087 for 3 bedroom, £245,045 for 4 bedroom and £370,396 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 £412 for 1 bedroom to £406 for 2 bedroom, £477 for 3 bedroom and £758 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £378. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507 and £763 for 3 bedroom. You should be generally be expecting around average £380 rent per month for single bedroom property, £428 for 2 bedroom, £493 for 3 bedroom and approximately £758 for 4 bedroom property in Chancel Way, Darwen, BB3 area.

Popular Houses in Chancel Way, Darwen, BB3

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 Chancel Way, Darwen, BB3