Cromwell Avenue, Stockport, SK5

Street Guide For Cromwell Avenue, Stockport, SK5

 

Cromwell Avenue, Stockport, SK5 Map

Estimated Price: £149,553
Average Asking Price: £124,989
Price change in last one year: £6,830
Average Price Paid: £124,851
Average Rent Rates: £573

 

Property Prices Breakdown in Cromwell Avenue, Stockport, SK5

Average Price for property in Cromwell Avenue, Stockport, SK5 is around £149,553 which varies based on type of property you are interested in and ranges from £193,016 for detached house to around £189,532 for semi-detached. Similarly terraced house is around £176,980 and a flat is worth £123,817. Values have been changing and have risen £658 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £422 in last 6 months, £6,830 in last 1 year, £13,024 in last 2 years, £16,320 in last 3 years, £16,020 in last 4 years and £14,118 in last 5 years.

Currently average asking price of a property in Cromwell Avenue, Stockport, SK5 is around £124,989 based on approximately 7 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £573 per month.

Estimated property value in Cromwell Avenue, Stockport, SK5 is £149,553. Average asking price is £124,989 while average price paid is £128,000 which is up by £6,830 and Avg. asking rent £573.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 Cromwell Avenue, Stockport, SK5 area. In last 1 year alone average price buyer paid is around £128,000 based on approximately 7 sales in Cromwell Avenue, Stockport, SK5 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £122,168. 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 £124,851 for 29 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £123,886 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 £79,950, £107,125 for a 2 bedroom house, £123,637 for a 3 bedroom house, £193,075 for a 4 bedroom house and £125,000 for a 5 bedroom house. For a flat similarly the prices varies from £88,793 for a single bedroom to £96,889 for a 2 bedroom Flat. To sum up the asking prices for properties in Cromwell Avenue, Stockport, SK5 it comes to around average £87,989 for 1 bedroom property, £106,194 for 2 bedroom, £123,637 for 3 bedroom, £193,075 for 4 bedroom and £125,000 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 £579 for 2 bedroom to £667 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £565. You should be generally be expecting around average £475 rent per month for single bedroom property, £576 for 2 bedroom, £667 for 3 bedroom and approximately £849 for 4 bedroom property in Cromwell Avenue, Stockport, SK5 area.

Popular Houses in Cromwell Avenue, Stockport, SK5

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 Cromwell Avenue, Stockport, SK5