Festing Street, Hanley, Stoke-on-Trent, ST1

Street Guide For Festing Street, Hanley, Stoke-on-Trent, ST1

 

Festing Street, Hanley, Stoke-on-Trent, ST1 Map

Estimated Price: £61,420
Average Asking Price: £117,469
Price change in last one year: £3,323
Average Price Paid: £53,500
Average Rent Rates: £963

 

Property Prices Breakdown in Festing Street, Hanley, Stoke-on-Trent, ST1

Average Price for property in Festing Street, Hanley, Stoke-on-Trent, ST1 is around £61,420 which varies based on type of property you are interested in and ranges from £61,166 for semi-detached to around £61,427 for terraced house. Values have been changing and have risen £385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £863 in last 6 months, £3,323 in last 1 year, £5,728 in last 2 years, £5,691 in last 3 years, £4,941 in last 4 years and £4,192 in last 5 years.

Currently average asking price of a property in Festing Street, Hanley, Stoke-on-Trent, ST1 is around £117,469 based on approximately 5 properties for sale. Same is the case with rental options based on 213 properties up for rent, average asking rent is around £963 per month.

Estimated property value in Festing Street, Hanley, Stoke-on-Trent, ST1 is £61,420. Average asking price is £117,469 while average price paid is £53,900 which is up by £3,323 and Avg. asking rent £963.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 Festing Street, Hanley, Stoke-on-Trent, ST1 area. In last 1 year alone average price buyer paid is around £53,900 based on approximately 5 sales in Festing Street, Hanley, Stoke-on-Trent, ST1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £53,500. 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 £53,500 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £55,727 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 £88,950, £77,158 for a 2 bedroom house, £111,543 for a 3 bedroom house, £181,151 for a 4 bedroom house and £212,000 for a 5 bedroom house. For a flat similarly the prices varies from £58,718 for a single bedroom to £97,519 for a 2 bedroom Flat. To sum up the asking prices for properties in Festing Street, Hanley, Stoke-on-Trent, ST1 it comes to around average £61,238 for 1 bedroom property, £80,976 for 2 bedroom, £111,543 for 3 bedroom, £181,151 for 4 bedroom and £212,000 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 £287 for 1 bedroom to £393 for 2 bedrooms, £482 for 3 bedrooms, £641 for 4 bedrooms and £282 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £378. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £474 and £585 for 3 bedroom. You should be generally be expecting around average £345 rent per month for single bedroom property, £404 for 2 bedroom, £489 for 3 bedroom, £641 for 4 bedroom and approximately £282 for a 5 bedroom property in Festing Street, Hanley, Stoke-on-Trent, ST1 area.

Popular Houses in Festing Street, Hanley, Stoke-on-Trent, ST1

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 Festing Street, Hanley, Stoke-on-Trent, ST1