Cutbush Lane, Shinfield, Reading, RG2

Street Guide For Cutbush Lane, Shinfield, Reading, RG2

 

Cutbush Lane, Shinfield, Reading, RG2 Map

Estimated Price: £584,926
Average Asking Price: £795,352
Price change in last one year: £44,520
Average Price Paid: £444,812
Average Rent Rates: £2,829

 

Property Prices Breakdown in Cutbush Lane, Shinfield, Reading, RG2

Average Price for property in Cutbush Lane, Shinfield, Reading, RG2 is around £584,926 which varies based on type of property you are interested in and ranges from £591,955 for detached house to around £571,764 for semi-detached. Similarly terraced house is around £582,234. Values have been changing and have risen £2,785 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,924 in last 6 months, £44,520 in last 1 year, £77,768 in last 2 years, £93,410 in last 3 years, £90,405 in last 4 years and £91,773 in last 5 years.

Currently average asking price of a property in Cutbush Lane, Shinfield, Reading, RG2 is around £795,352 based on approximately 1 properties for sale. Same is the case with rental options based on 171 properties up for rent, average asking rent is around £2,829 per month.

Estimated property value in Cutbush Lane, Shinfield, Reading, RG2 is £584,926. Average asking price is £795,352 while average price paid is £680,000 which is up by £44,520 and Avg. asking rent £2,829.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 Cutbush Lane, Shinfield, Reading, RG2 area. In last 1 year alone average price buyer paid is around £680,000 based on approximately 1 sales in Cutbush Lane, Shinfield, Reading, RG2 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £454,500. 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 £444,812 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £427,550 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 £96,000, £227,744 for a 2 bedroom house, £343,335 for a 3 bedroom house, £418,785 for a 4 bedroom house and £772,500 for a 5 bedroom house. For a flat similarly the prices varies from £120,050 for a single bedroom to £133,261 for a 2 bedroom Flat. To sum up the asking prices for properties in Cutbush Lane, Shinfield, Reading, RG2 it comes to around average £117,044 for 1 bedroom property, £180,503 for 2 bedroom, £343,335 for 3 bedroom, £418,785 for 4 bedroom and £772,500 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 £591 for 1 bedroom to £1,375 for 2 bedrooms, £1,165 for 3 bedrooms, £1,042 for 4 bedrooms and £1,206 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £688. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,064, £1,200 for 3 bedroom and £351 for 5 bedroom. You should be generally be expecting around average £621 rent per month for single bedroom property, £1,146 for 2 bedroom, £1,168 for 3 bedroom, £1,042 for 4 bedroom and approximately £1,165 for a 5 bedroom property in Cutbush Lane, Shinfield, Reading, RG2 area.

Popular Houses in Cutbush Lane, Shinfield, Reading, RG2

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 Cutbush Lane, Shinfield, Reading, RG2