Cockerham Road, Bay Horse, Lancaster, LA2

Street Guide For Cockerham Road, Bay Horse, Lancaster, LA2

 

Cockerham Road, Bay Horse, Lancaster, LA2 Map

Estimated Price: £380,825
Average Asking Price: £302,926
Price change in last one year: £17,176
Average Price Paid: £345,400
Average Rent Rates: £645

 

Property Prices Breakdown in Cockerham Road, Bay Horse, Lancaster, LA2

Average Price for property in Cockerham Road, Bay Horse, Lancaster, LA2 is around £380,825 which varies based on type of property you are interested in and ranges from £402,386 for detached house to around £283,802 for semi-detached. Values have been changing and have risen £1,544 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,620 in last 6 months, £17,176 in last 1 year, £29,693 in last 2 years, £30,785 in last 3 years, £28,702 in last 4 years and £13,697 in last 5 years.

Currently average asking price of a property in Cockerham Road, Bay Horse, Lancaster, LA2 is around £302,926 based on approximately 1 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £645 per month.

Estimated property value in Cockerham Road, Bay Horse, Lancaster, LA2 is £380,825. Average asking price is £302,926 while average price paid is £428,000 which is up by £17,176 and Avg. asking rent £645.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 Cockerham Road, Bay Horse, Lancaster, LA2 area. In last 1 year alone average price buyer paid is around £428,000 based on approximately 1 sales in Cockerham Road, Bay Horse, Lancaster, LA2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £354,000. 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 £345,400 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £345,400 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 £97,000, £177,808 for a 2 bedroom house, £257,930 for a 3 bedroom house, £318,646 for a 4 bedroom house and £507,601 for a 5 bedroom house. For a flat similarly the prices varies from £117,488 for a single bedroom to £173,938 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,000. To sum up the asking prices for properties in Cockerham Road, Bay Horse, Lancaster, LA2 it comes to around average £115,211 for 1 bedroom property, £176,290 for 2 bedroom, £257,820 for 3 bedroom, £318,646 for 4 bedroom and £507,601 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 £515 for 1 bedroom to £741 for 2 bedroom, £679 for 3 bedroom and £823 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £514 rent per month for single bedroom property, £692 for 2 bedroom, £679 for 3 bedroom and approximately £823 for 4 bedroom property in Cockerham Road, Bay Horse, Lancaster, LA2 area.

Popular Houses in Cockerham Road, Bay Horse, Lancaster, LA2

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 Cockerham Road, Bay Horse, Lancaster, LA2