Cranes Lane, Leominster, HR6

Street Guide For Cranes Lane, Leominster, HR6

 

Cranes Lane, Leominster, HR6 Map

Estimated Price: £182,673
Average Asking Price: £293,893
Price change in last one year: £9,547
Average Price Paid: £185,000
Average Rent Rates: £598

 

Property Prices Breakdown in Cranes Lane, Leominster, HR6

Average Price for property in Cranes Lane, Leominster, HR6 is around £182,673 which varies based on type of property you are interested in and ranges from £281,657 for detached house to around £176,428 for semi-detached. Similarly terraced house is around £151,920. Values have been changing and have risen £8 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £201 in last 6 months, £9,547 in last 1 year, £11,520 in last 2 years, £14,151 in last 3 years, £17,583 in last 4 years and £9,407 in last 5 years.

Currently average asking price of a property in Cranes Lane, Leominster, HR6 is around £293,893 based on approximately 0 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £598 per month.

Estimated property value in Cranes Lane, Leominster, HR6 is £182,673. Average asking price is £293,893 while average price paid is £185,000 which is up by £14,151 and Avg. asking rent £598.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 Cranes Lane, Leominster, HR6 area. In last 3 years alone average price buyer paid is around £185,000 based on approximately 1 sales in Cranes Lane, Leominster, HR6 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £185,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £142,500 for 2 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 £122,475, £181,897 for a 2 bedroom house, £273,065 for a 3 bedroom house, £376,358 for a 4 bedroom house and £369,977 for a 5 bedroom house. For a flat similarly the prices varies from £68,482 for a single bedroom to £85,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Cranes Lane, Leominster, HR6 it comes to around average £90,079 for 1 bedroom property, £179,047 for 2 bedroom, £273,065 for 3 bedroom, £376,358 for 4 bedroom and £369,977 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 £451 for 1 bedroom to £557 for 2 bedroom, £724 for 3 bedroom and £676 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £429. You should be generally be expecting around average £399 rent per month for single bedroom property, £493 for 2 bedroom, £724 for 3 bedroom and approximately £676 for 4 bedroom property in Cranes Lane, Leominster, HR6 area.

Popular Houses in Cranes Lane, Leominster, HR6

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 Cranes Lane, Leominster, HR6