Corner Lane, Bicton Heath, Shrewsbury, SY3

Street Guide For Corner Lane, Bicton Heath, Shrewsbury, SY3

 

Corner Lane, Bicton Heath, Shrewsbury, SY3 Map

Estimated Price: £216,227
Average Asking Price: £267,257
Price change in last one year: £7,143
Average Price Paid: £198,166
Average Rent Rates: £793

 

Property Prices Breakdown in Corner Lane, Bicton Heath, Shrewsbury, SY3

Average Price for property in Corner Lane, Bicton Heath, Shrewsbury, SY3 is around £216,227 which varies based on type of property you are interested in and ranges from £222,792 for detached house to around £176,835 for semi-detached. Values have been changing and have risen £226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,084 in last 6 months, £7,143 in last 1 year, £16,463 in last 2 years, £17,294 in last 3 years, £14,540 in last 4 years and £13,118 in last 5 years.

Currently average asking price of a property in Corner Lane, Bicton Heath, Shrewsbury, SY3 is around £267,257 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £793 per month.

Estimated property value in Corner Lane, Bicton Heath, Shrewsbury, SY3 is £216,227. Average asking price is £267,257 while average price paid is £224,666 which is up by £7,143 and Avg. asking rent £793.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 Corner Lane, Bicton Heath, Shrewsbury, SY3 area. In last 1 year alone average price buyer paid is around £224,666 based on approximately 3 sales in Corner Lane, Bicton Heath, Shrewsbury, SY3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £198,166. 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 £198,166 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £199,285 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 £96,633, £184,202 for a 2 bedroom house, £229,916 for a 3 bedroom house, £366,520 for a 4 bedroom house and £465,567 for a 5 bedroom house. For a flat similarly the prices varies from £104,216 for a single bedroom to £157,584 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,972. To sum up the asking prices for properties in Corner Lane, Bicton Heath, Shrewsbury, SY3 it comes to around average £102,952 for 1 bedroom property, £174,696 for 2 bedroom, £228,540 for 3 bedroom, £366,520 for 4 bedroom and £465,567 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 £465 for 1 bedroom to £582 for 2 bedroom, £744 for 3 bedroom and £1,167 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £440. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £670. You should be generally be expecting around average £445 rent per month for single bedroom property, £626 for 2 bedroom, £744 for 3 bedroom and approximately £1,167 for 4 bedroom property in Corner Lane, Bicton Heath, Shrewsbury, SY3 area.

Popular Houses in Corner Lane, Bicton Heath, Shrewsbury, SY3

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 Corner Lane, Bicton Heath, Shrewsbury, SY3