Church Lea, Launceston, PL15

Street Guide For Church Lea, Launceston, PL15

 

Church Lea, Launceston, PL15 Map

Estimated Price: £315,028
Average Asking Price: £326,790
Price change in last one year: £27,734
Average Price Paid: £256,597
Average Rent Rates: £661

 

Property Prices Breakdown in Church Lea, Launceston, PL15

Average Price for property in Church Lea, Launceston, PL15 is around £315,028 e.g. average price for detached house is around 315,028. Values have been changing and have risen £3,969 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,586 in last 6 months, £27,734 in last 1 year, £35,920 in last 2 years, £45,340 in last 3 years, £34,011 in last 4 years and £32,067 in last 5 years.

Currently average asking price of a property in Church Lea, Launceston, PL15 is around £326,790 based on approximately 2 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £661 per month.

Estimated property value in Church Lea, Launceston, PL15 is £315,028. Average asking price is £326,790 while average price paid is £270,500 which is up by £27,734 and Avg. asking rent £661.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 Church Lea, Launceston, PL15 area. In last 1 year alone average price buyer paid is around £270,500 based on approximately 2 sales in Church Lea, Launceston, PL15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £257,142. 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 £256,597 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £249,844 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 £183,283, £159,104 for a 2 bedroom house, £275,387 for a 3 bedroom house, £395,799 for a 4 bedroom house and £506,883 for a 5 bedroom house. For a flat similarly the prices varies from £72,450 for a single bedroom to £109,317 for a 2 bedroom Flat. To sum up the asking prices for properties in Church Lea, Launceston, PL15 it comes to around average £119,950 for 1 bedroom property, £142,034 for 2 bedroom, £275,387 for 3 bedroom, £395,799 for 4 bedroom and £506,883 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 £481 for 1 bedroom to £577 for 2 bedroom, £754 for 3 bedroom and £954 for 4 bedroom. 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 £502. You should be generally be expecting around average £438 rent per month for single bedroom property, £535 for 2 bedroom, £754 for 3 bedroom and approximately £954 for 4 bedroom property in Church Lea, Launceston, PL15 area.

Popular Houses in Church Lea, Launceston, PL15

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 Church Lea, Launceston, PL15