Commercial Street, Bacup, OL13

Street Guide For Commercial Street, Bacup, OL13

 

Commercial Street, Bacup, OL13 Map

Estimated Price: £69,063
Average Asking Price: £149,602
Price change in last one year: £2,681
Average Price Paid: £57,680
Average Rent Rates: £596

 

Property Prices Breakdown in Commercial Street, Bacup, OL13

Average Price for property in Commercial Street, Bacup, OL13 is around £69,063 which varies based on type of property you are interested in and ranges from £112,104 for semi-detached to around £63,269 for terraced house. Values have been changing and have risen £116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £849 in last 6 months, £2,681 in last 1 year, £6,673 in last 2 years, £5,581 in last 3 years, £3,009 in last 4 years and £2,351 in last 5 years.

Currently average asking price of a property in Commercial Street, Bacup, OL13 is around £149,602 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £596 per month.

Estimated property value in Commercial Street, Bacup, OL13 is £69,063. Average asking price is £149,602 while average price paid is £69,950 which is up by £2,681 and Avg. asking rent £596.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 Commercial Street, Bacup, OL13 area. In last 1 year alone average price buyer paid is around £69,950 based on approximately 1 sales in Commercial Street, Bacup, OL13 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £54,483. 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 £57,680 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £58,900 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 £64,399, £74,364 for a 2 bedroom house, £142,430 for a 3 bedroom house, £212,953 for a 4 bedroom house and £320,300 for a 5 bedroom house. For a flat the prices of 2 bedroom is £111,212. To sum up the asking prices for properties in Commercial Street, Bacup, OL13 it comes to around average £64,399 for 1 bedroom property, £76,384 for 2 bedroom, £142,430 for 3 bedroom, £212,953 for 4 bedroom and £320,300 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 £394 for 1 bedroom to £377 for 2 bedroom, £504 for 3 bedroom and £649 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £441. You should be generally be expecting around average £386 rent per month for single bedroom property, £386 for 2 bedroom, £504 for 3 bedroom and approximately £649 for 4 bedroom property in Commercial Street, Bacup, OL13 area.

Popular Houses in Commercial Street, Bacup, OL13

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 Commercial Street, Bacup, OL13