Cooks Lane, Nettleton, Market Rasen, LN7

Street Guide For Cooks Lane, Nettleton, Market Rasen, LN7

 

Cooks Lane, Nettleton, Market Rasen, LN7 Map

Estimated Price: £131,415
Average Asking Price: £241,171
Price change in last one year: £8,335
Average Price Paid: £105,600
Average Rent Rates: £545

 

Property Prices Breakdown in Cooks Lane, Nettleton, Market Rasen, LN7

Average Price for property in Cooks Lane, Nettleton, Market Rasen, LN7 is around £131,415 which varies based on type of property you are interested in and ranges from £180,682 for detached house to around £109,518 for semi-detached. Values have been changing and have risen £992 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,676 in last 6 months, £8,335 in last 1 year, £17,251 in last 2 years, £14,905 in last 3 years, £13,071 in last 4 years and £13,854 in last 5 years.

Currently average asking price of a property in Cooks Lane, Nettleton, Market Rasen, LN7 is around £241,171 based on approximately 2 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £545 per month.

Estimated property value in Cooks Lane, Nettleton, Market Rasen, LN7 is £131,415. Average asking price is £241,171 while average price paid is £119,500 which is up by £8,335 and Avg. asking rent £545.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 Cooks Lane, Nettleton, Market Rasen, LN7 area. In last 1 year alone average price buyer paid is around £119,500 based on approximately 2 sales in Cooks Lane, Nettleton, Market Rasen, LN7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £111,333. 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 £105,600 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £103,833 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 £40,000, £126,885 for a 2 bedroom house, £177,305 for a 3 bedroom house, £299,907 for a 4 bedroom house and £392,723 for a 5 bedroom house. To sum up the asking prices for properties in Cooks Lane, Nettleton, Market Rasen, LN7 it comes to around average £40,000 for 1 bedroom property, £126,885 for 2 bedroom, £177,305 for 3 bedroom, £299,907 for 4 bedroom and £392,723 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 £381 for 1 bedroom to £524 for 2 bedroom, £594 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £459. You should be generally be expecting around average £381 rent per month for single bedroom property, £481 for 2 bedroom, £594 for 3 bedroom and approximately £849 for 4 bedroom property in Cooks Lane, Nettleton, Market Rasen, LN7 area.

Popular Houses in Cooks Lane, Nettleton, Market Rasen, LN7

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 Cooks Lane, Nettleton, Market Rasen, LN7