Chestnut Gardens, Stamford, PE9

Street Guide For Chestnut Gardens, Stamford, PE9

 

Chestnut Gardens, Stamford, PE9 Map

Estimated Price: £223,048
Average Asking Price: £384,933
Price change in last one year: £14,294
Average Price Paid: £168,166
Average Rent Rates: £1,640

 

Property Prices Breakdown in Chestnut Gardens, Stamford, PE9

Average Price for property in Chestnut Gardens, Stamford, PE9 is around £223,048 which varies based on type of property you are interested in and ranges from £286,977 for detached house to around £188,621 for semi-detached. Similarly terraced house is around £183,736. Values have been changing and have risen £1,754 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,940 in last 6 months, £14,294 in last 1 year, £26,878 in last 2 years, £27,395 in last 3 years, £31,013 in last 4 years and £26,297 in last 5 years.

Currently average asking price of a property in Chestnut Gardens, Stamford, PE9 is around £384,933 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £1,640 per month.

Estimated property value in Chestnut Gardens, Stamford, PE9 is £223,048. Average asking price is £384,933 while average price paid is £151,500 which is up by £14,294 and Avg. asking rent £1,640.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 Chestnut Gardens, Stamford, PE9 area. In last 1 year alone average price buyer paid is around £151,500 based on approximately 1 sales in Chestnut Gardens, Stamford, PE9 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £175,000. 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 £168,166 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £161,285 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 £119,972, £168,249 for a 2 bedroom house, £225,027 for a 3 bedroom house, £402,997 for a 4 bedroom house and £591,830 for a 5 bedroom house. For a flat similarly the prices varies from £134,150 for a single bedroom to £191,332 for a 2 bedroom Flat. To sum up the asking prices for properties in Chestnut Gardens, Stamford, PE9 it comes to around average £128,479 for 1 bedroom property, £172,578 for 2 bedroom, £225,027 for 3 bedroom, £402,997 for 4 bedroom and £591,830 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 £543 for 1 bedroom to £569 for 2 bedroom, £873 for 3 bedroom and £1,249 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £911. You should be generally be expecting around average £501 rent per month for single bedroom property, £683 for 2 bedroom, £873 for 3 bedroom and approximately £1,249 for 4 bedroom property in Chestnut Gardens, Stamford, PE9 area.

Popular Houses in Chestnut Gardens, Stamford, PE9

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 Chestnut Gardens, Stamford, PE9