Chime Bank, Manchester, M8

Street Guide For Chime Bank, Manchester, M8

 
 

Chime Bank, Manchester, M8 Map

Estimated Price: £72,811
Average Asking Price: £155,315
Price change in last one year: £4,661
Average Price Paid: £58,041
Average Rent Rates: £590

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

Free House valuation

 

Property Prices Breakdown in Chime Bank, Manchester, M8

Average Price for property in Chime Bank, Manchester, M8 is around £72,811 which varies based on type of property you are interested in and ranges from £225,027 for detached house to around £73,813 for semi-detached. Similarly terraced house is around £63,519. Values have been changing and have risen £243 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £182 in last 6 months, £4,661 in last 1 year, £6,301 in last 2 years, £5,780 in last 3 years, £5,731 in last 4 years and £4,234 in last 5 years.

Currently average asking price of a property in Chime Bank, Manchester, M8 is around £155,315 based on approximately 0 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £590 per month.

Estimated property value in Chime Bank, Manchester, M8 is £72,811. Average asking price is £155,315 while average price paid is £62,250 which is up by £5,780 and Avg. asking rent £590.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 Chime Bank, Manchester, M8 area. In last 3 years alone average price buyer paid is around £62,250 based on approximately 3 sales in Chime Bank, Manchester, M8 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £58,041. 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 £65,805 for 9 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 £249,950, £79,127 for a 2 bedroom house, £132,374 for a 3 bedroom house, £187,054 for a 4 bedroom house and £388,667 for a 5 bedroom house. For a flat similarly the prices varies from £65,790 for a single bedroom to £90,409 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £107,500. To sum up the asking prices for properties in Chime Bank, Manchester, M8 it comes to around average £96,483 for 1 bedroom property, £85,075 for 2 bedroom, £131,545 for 3 bedroom, £187,054 for 4 bedroom and £388,667 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 £433 for 1 bedroom to £541 for 2 bedrooms, £660 for 3 bedrooms, £744 for 4 bedrooms and £1,196 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £559, £615 for 3 bedroom and £693 for 4 bedroom. You should be generally be expecting around average £424 rent per month for single bedroom property, £555 for 2 bedroom, £656 for 3 bedroom, £731 for 4 bedroom and approximately £1,196 for a 5 bedroom property in Chime Bank, Manchester, M8 area.

Popular Houses in Chime Bank, Manchester, M8

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 Chime Bank, Manchester, M8