Chestnut Lane, Leigh, WN7

Street Guide For Chestnut Lane, Leigh, WN7

 

Chestnut Lane, Leigh, WN7 Map

Estimated Price: £286,077
Average Asking Price: £127,181
Price change in last one year: £12,284
Average Price Paid: £177,500
Average Rent Rates: £475

 

Property Prices Breakdown in Chestnut Lane, Leigh, WN7

Average Price for property in Chestnut Lane, Leigh, WN7 is around £286,077 which varies based on type of property you are interested in and ranges from £316,951 for detached house to around £208,893 for semi-detached. Values have been changing and have risen £2,667 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,423 in last 6 months, £12,284 in last 1 year, £20,749 in last 2 years, £29,653 in last 3 years, £23,620 in last 4 years and £16,036 in last 5 years.

Currently average asking price of a property in Chestnut Lane, Leigh, WN7 is around £127,181 based on approximately 0 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £475 per month.

Estimated property value in Chestnut Lane, Leigh, WN7 is £286,077. Average asking price is £127,181 while average price paid is £185,000 which is up by £29,653 and Avg. asking rent £475.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 Lane, Leigh, WN7 area. In last 3 years alone average price buyer paid is around £185,000 based on approximately 1 sales in Chestnut Lane, Leigh, WN7 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £177,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £177,500 for 2 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 £119,648, £79,718 for a 2 bedroom house, £123,883 for a 3 bedroom house, £204,145 for a 4 bedroom house and £305,427 for a 5 bedroom house. For a flat similarly the prices varies from £94,349 for a single bedroom to £81,479 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000 and £95,000 for a 4 bedroom flat. To sum up the asking prices for properties in Chestnut Lane, Leigh, WN7 it comes to around average £101,939 for 1 bedroom property, £79,974 for 2 bedroom, £123,722 for 3 bedroom, £201,773 for 4 bedroom and £305,427 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 £377 for 1 bedroom to £420 for 2 bedroom, £494 for 3 bedroom and £793 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £370 rent per month for single bedroom property, £416 for 2 bedroom, £494 for 3 bedroom and approximately £793 for 4 bedroom property in Chestnut Lane, Leigh, WN7 area.

Popular Houses in Chestnut Lane, Leigh, WN7

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 Lane, Leigh, WN7