Cherry Crescent, Rawtenstall, Rossendale, BB4

Street Guide For Cherry Crescent, Rawtenstall, Rossendale, BB4

 

Cherry Crescent, Rawtenstall, Rossendale, BB4 Map

Estimated Price: £387,438
Average Asking Price: £202,696
Price change in last one year: £19,598
Average Price Paid: £138,534
Average Rent Rates: £715

 

Property Prices Breakdown in Cherry Crescent, Rawtenstall, Rossendale, BB4

Average Price for property in Cherry Crescent, Rawtenstall, Rossendale, BB4 is around £387,438 which varies based on type of property you are interested in and ranges from £209,059 for detached house to around £232,662 for semi-detached. Similarly terraced house is around £130,538 and a flat is worth £6,243,522. Values have been changing and have risen £682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,490 in last 6 months, £19,598 in last 1 year, £28,700 in last 2 years, £37,824 in last 3 years, £22,452 in last 4 years and £20,401 in last 5 years.

Currently average asking price of a property in Cherry Crescent, Rawtenstall, Rossendale, BB4 is around £202,696 based on approximately 4 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £715 per month.

Estimated property value in Cherry Crescent, Rawtenstall, Rossendale, BB4 is £387,438. Average asking price is £202,696 while average price paid is £152,987 which is up by £19,598 and Avg. asking rent £715.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 Cherry Crescent, Rawtenstall, Rossendale, BB4 area. In last 1 year alone average price buyer paid is around £152,987 based on approximately 4 sales in Cherry Crescent, Rawtenstall, Rossendale, BB4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £132,868. 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 £138,534 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £135,567 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 £63,150, £99,920 for a 2 bedroom house, £162,094 for a 3 bedroom house, £277,337 for a 4 bedroom house and £500,132 for a 5 bedroom house. For a flat similarly the prices varies from £72,543 for a single bedroom to £121,615 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £85,000. To sum up the asking prices for properties in Cherry Crescent, Rawtenstall, Rossendale, BB4 it comes to around average £68,208 for 1 bedroom property, £103,057 for 2 bedroom, £160,895 for 3 bedroom, £277,337 for 4 bedroom and £500,132 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 £325 for 1 bedroom to £438 for 2 bedrooms, £548 for 3 bedrooms, £847 for 4 bedrooms and £1,006 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £419. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £515, £399 for 3 bedroom and £494 for 4 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £462 for 2 bedroom, £538 for 3 bedroom, £807 for 4 bedroom and approximately £1,006 for a 5 bedroom property in Cherry Crescent, Rawtenstall, Rossendale, BB4 area.

Popular Houses in Cherry Crescent, Rawtenstall, Rossendale, BB4

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 Cherry Crescent, Rawtenstall, Rossendale, BB4