Farfield Drive, Lower Darwen, Darwen, BB3

Street Guide For Farfield Drive, Lower Darwen, Darwen, BB3

 

Farfield Drive, Lower Darwen, Darwen, BB3 Map

Estimated Price: £160,683
Average Asking Price: £141,022
Price change in last one year: £7,864
Average Price Paid: £133,983
Average Rent Rates: £453

 

Property Prices Breakdown in Farfield Drive, Lower Darwen, Darwen, BB3

Average Price for property in Farfield Drive, Lower Darwen, Darwen, BB3 is around £160,683 which varies based on type of property you are interested in and ranges from £153,488 for detached house to around £162,738 for semi-detached. Values have been changing and have risen £612 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,330 in last 6 months, £7,864 in last 1 year, £11,275 in last 2 years, £14,067 in last 3 years, £9,228 in last 4 years and £8,480 in last 5 years.

Currently average asking price of a property in Farfield Drive, Lower Darwen, Darwen, BB3 is around £141,022 based on approximately 2 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £453 per month.

Estimated property value in Farfield Drive, Lower Darwen, Darwen, BB3 is £160,683. Average asking price is £141,022 while average price paid is £134,975 which is up by £7,864 and Avg. asking rent £453.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 Farfield Drive, Lower Darwen, Darwen, BB3 area. In last 1 year alone average price buyer paid is around £134,975 based on approximately 2 sales in Farfield Drive, Lower Darwen, Darwen, BB3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £134,975. 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 £133,983 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £135,487 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 £70,490, £80,698 for a 2 bedroom house, £139,774 for a 3 bedroom house, £243,689 for a 4 bedroom house and £370,396 for a 5 bedroom house. For a flat similarly the prices varies from £72,825 for a single bedroom to £114,200 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,950. To sum up the asking prices for properties in Farfield Drive, Lower Darwen, Darwen, BB3 it comes to around average £71,764 for 1 bedroom property, £82,866 for 2 bedroom, £139,434 for 3 bedroom, £243,689 for 4 bedroom and £370,396 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 £412 for 1 bedroom to £406 for 2 bedroom, £477 for 3 bedroom and £758 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £376. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507 and £641 for 3 bedroom. You should be generally be expecting around average £378 rent per month for single bedroom property, £428 for 2 bedroom, £487 for 3 bedroom and approximately £758 for 4 bedroom property in Farfield Drive, Lower Darwen, Darwen, BB3 area.

Popular Houses in Farfield Drive, Lower Darwen, Darwen, BB3

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 Farfield Drive, Lower Darwen, Darwen, BB3