Stamford

Area Guide For Stamford

Stamford is a town and civil parish on the River Welland in the South Kesteven district of the county of Lincolnshire, England. It is approximately 100 miles (160 km) north of London, on the east side of the A1 road to York and Edinburgh. The resident population at the 2001 census was 21,800, including the adjacent parish of St Martin's Without. The town is best known for its medieval core of 17th,18th century stone buildings, older timber framed buildings and five medieval parish churches. Stamford was the first conservation area to be designated in England and Wales under the Civic Amenities Act 1967. Since then the whole of the old town and St Martin's has been made an outstanding area of architectural or historic interest that is of national importance. Therefore there is much interest in its vibrant local history. In June 1968, a specimen of the sauropod dinosaur Cetiosaurus oxoniensis was found by Bill Boddington in the Williamson Cliffe Quarry, close to Great Casterton. It was calculated to be around 170 million years old, from the Aalenian or Bajocian part of the Jurassic period. The Rutland Dinosaur is one of the most complete dinosaur skeletons found in the UK, being

 
 

Stamford Map

Estimated Price: £290,127
Average Asking Price: £383,004
Price change in last one year: £19,340
Average Price Paid: £241,783
Average Rent Rates: £1,602

 
 

Property Prices Breakdown in Stamford

Average Price for property in Stamford is around £290,127 which varies based on type of property you are interested in and ranges from £398,259 for detached house to around £221,085 for semi-detached. Similarly terraced house is around £230,390 and a flat is worth £152,788. Values have been changing and have risen £4,917 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,182 in last 6 months, £19,340 in last 1 year, £37,202 in last 2 years, £39,335 in last 3 years, £56,132 in last 4 years and £55,075 in last 5 years.

Currently average asking price of a property in Stamford is around £383,004 based on approximately 482 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,602 per month.

Estimated property value in Stamford is £290,127. Average asking price is £383,004 while average price paid is £259,583 which is up by £19,340 and Avg. asking rent £1,602.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 Stamford area. In last 1 year alone average price buyer paid is around £259,583 based on approximately 482 sales in Stamford area alone. If you compare it to last 3 years sales of 1,584 properties where buyers paid around £253,474. 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 £241,783 for 2,586 and average amount paid for purchase of approx. 3,538 properties sold in last 7 years comes to about £237,709 per sale.

 
 

Properties For Sale in Stamford

 
 

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 Stamford 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 £584 for 2 bedroom, £873 for 3 bedroom and £1,239 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, £707 for 2 bedroom, £873 for 3 bedroom and approximately £1,239 for 4 bedroom property in Stamford area.

Popular Houses in Stamford

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.

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