Chesterton Lane, Cirencester, GL7

Street Guide For Chesterton Lane, Cirencester, GL7

 

Chesterton Lane, Cirencester, GL7 Map

Estimated Price: £319,585
Average Asking Price: £482,660
Price change in last one year: £29,364
Average Price Paid: £252,454
Average Rent Rates: £1,337

 

Property Prices Breakdown in Chesterton Lane, Cirencester, GL7

Average Price for property in Chesterton Lane, Cirencester, GL7 is around £319,585 which varies based on type of property you are interested in and ranges from £458,579 for detached house to around £303,116 for semi-detached. Similarly terraced house is around £320,339 and a flat is worth £284,595. Values have been changing and have risen £4,100 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,041 in last 6 months, £29,364 in last 1 year, £38,357 in last 2 years, £41,913 in last 3 years, £39,304 in last 4 years and £43,470 in last 5 years.

Currently average asking price of a property in Chesterton Lane, Cirencester, GL7 is around £482,660 based on approximately 11 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,337 per month.

Estimated property value in Chesterton Lane, Cirencester, GL7 is £319,585. Average asking price is £482,660 while average price paid is £285,000 which is up by £29,364 and Avg. asking rent £1,337.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 Chesterton Lane, Cirencester, GL7 area. In last 1 year alone average price buyer paid is around £285,000 based on approximately 11 sales in Chesterton Lane, Cirencester, GL7 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £250,166. 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 £252,454 for 22 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £245,256 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 £98,919, £217,330 for a 2 bedroom house, £325,312 for a 3 bedroom house, £512,387 for a 4 bedroom house and £774,886 for a 5 bedroom house. For a flat similarly the prices varies from £126,188 for a single bedroom to £173,079 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,950 and £275,000 for a 5 bedroom flat. To sum up the asking prices for properties in Chesterton Lane, Cirencester, GL7 it comes to around average £112,553 for 1 bedroom property, £205,182 for 2 bedroom, £325,090 for 3 bedroom, £512,387 for 4 bedroom and £761,376 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 £935 for 2 bedroom to £1,389 for 3 bedroom, £1,979 for 4 bedroom and £3,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £752. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £677. You should be generally be expecting around average £752 rent per month for single bedroom property, £878 for 2 bedroom, £1,389 for 3 bedroom, £1,979 for 4 bedroom and approximately £3,001 for a 5 bedroom property in Chesterton Lane, Cirencester, GL7 area.

Popular Houses in Chesterton Lane, Cirencester, GL7

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 Chesterton Lane, Cirencester, GL7