Cumberland Close, Millom, LA18

Street Guide For Cumberland Close, Millom, LA18

 

Cumberland Close, Millom, LA18 Map

Estimated Price: £148,107
Average Asking Price: £142,548
Price change in last one year: £6,802
Average Price Paid: £113,666
Average Rent Rates: £398

 

Property Prices Breakdown in Cumberland Close, Millom, LA18

Average Price for property in Cumberland Close, Millom, LA18 is around £148,107 which varies based on type of property you are interested in and ranges from £141,334 for detached house to around £152,170 for semi-detached. Values have been changing and have risen £288 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £708 in last 6 months, £6,802 in last 1 year, £10,837 in last 2 years, £11,677 in last 3 years, £10,799 in last 4 years and £4,906 in last 5 years.

Currently average asking price of a property in Cumberland Close, Millom, LA18 is around £142,548 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £398 per month.

Estimated property value in Cumberland Close, Millom, LA18 is £148,107. Average asking price is £142,548 while average price paid is £108,000 which is up by £11,677 and Avg. asking rent £398.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 Cumberland Close, Millom, LA18 area. In last 3 years alone average price buyer paid is around £108,000 based on approximately 2 sales in Cumberland Close, Millom, LA18 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £113,666. 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 £127,750 for 4 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 2 bedroom is around £82,709, £111,391 for a 3 bedroom house, £220,463 for a 4 bedroom house and £369,490 for a 5 bedroom house. For a flat the prices of 2 bedroom is £97,500. To sum up the asking prices for properties in Cumberland Close, Millom, LA18 it comes to around average £83,531 for 2 bedroom property, £111,391 for 3 bedroom, £220,463 for 4 bedroom and £369,490 for 5 bedroom.

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 £498 for 1 bedroom to £417 for 2 bedroom, £350 for 3 bedroom and £425 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £370. You should be generally be expecting around average £438 rent per month for single bedroom property, £401 for 2 bedroom, £350 for 3 bedroom and approximately £425 for 4 bedroom property in Cumberland Close, Millom, LA18 area.

Popular Houses in Cumberland Close, Millom, LA18

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 Cumberland Close, Millom, LA18