Elm Crescent, Burgh Le Marsh, Skegness, PE24

Street Guide For Elm Crescent, Burgh Le Marsh, Skegness, PE24

 

Elm Crescent, Burgh Le Marsh, Skegness, PE24 Map

Estimated Price: £133,315
Average Asking Price: £182,149
Price change in last one year: £7,898
Average Price Paid: £128,928
Average Rent Rates: £565

 

Property Prices Breakdown in Elm Crescent, Burgh Le Marsh, Skegness, PE24

Average Price for property in Elm Crescent, Burgh Le Marsh, Skegness, PE24 is around £133,315 which varies based on type of property you are interested in and ranges from £140,688 for detached house to around £109,357 for semi-detached. Values have been changing and have risen £408 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,038 in last 6 months, £7,898 in last 1 year, £14,996 in last 2 years, £15,601 in last 3 years, £15,006 in last 4 years and £11,925 in last 5 years.

Currently average asking price of a property in Elm Crescent, Burgh Le Marsh, Skegness, PE24 is around £182,149 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £565 per month.

Estimated property value in Elm Crescent, Burgh Le Marsh, Skegness, PE24 is £133,315. Average asking price is £182,149 while average price paid is £126,250 which is up by £7,898 and Avg. asking rent £565.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 Elm Crescent, Burgh Le Marsh, Skegness, PE24 area. In last 1 year alone average price buyer paid is around £126,250 based on approximately 2 sales in Elm Crescent, Burgh Le Marsh, Skegness, PE24 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £129,166. 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 £128,928 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £126,383 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 £43,667, £122,457 for a 2 bedroom house, £178,250 for a 3 bedroom house, £242,167 for a 4 bedroom house and £303,662 for a 5 bedroom house. For a flat similarly the prices varies from £58,488 for a single bedroom to £62,475 for a 2 bedroom Flat. To sum up the asking prices for properties in Elm Crescent, Burgh Le Marsh, Skegness, PE24 it comes to around average £52,136 for 1 bedroom property, £120,389 for 2 bedroom, £178,250 for 3 bedroom, £242,167 for 4 bedroom and £303,662 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 £587 for 2 bedroom and £598 for 3 bedroom. But if you are interested in renting a 4 bedroom flat then rent per month can be around £559. You should be generally be expecting around average £451 rent per month for single bedroom property, £587 for 2 bedroom, £598 for 3 bedroom and approximately £559 for 4 bedroom property in Elm Crescent, Burgh Le Marsh, Skegness, PE24 area.

Popular Houses in Elm Crescent, Burgh Le Marsh, Skegness, PE24

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 Elm Crescent, Burgh Le Marsh, Skegness, PE24