Forest Gate, Blackpool, FY3

Street Guide For Forest Gate, Blackpool, FY3

 

Forest Gate, Blackpool, FY3 Map

Estimated Price: £118,474
Average Asking Price: £153,312
Price change in last one year: £7,763
Average Price Paid: £92,819
Average Rent Rates: £599

 

Property Prices Breakdown in Forest Gate, Blackpool, FY3

Average Price for property in Forest Gate, Blackpool, FY3 is around £118,474 which varies based on type of property you are interested in and ranges from £198,202 for detached house to around £157,287 for semi-detached. Similarly terraced house is around £159,924 and a flat is worth £87,320. Values have been changing and have risen £2,065 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,913 in last 6 months, £7,763 in last 1 year, £13,539 in last 2 years, £14,327 in last 3 years, £12,795 in last 4 years and £8,630 in last 5 years.

Currently average asking price of a property in Forest Gate, Blackpool, FY3 is around £153,312 based on approximately 5 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £599 per month.

Estimated property value in Forest Gate, Blackpool, FY3 is £118,474. Average asking price is £153,312 while average price paid is £80,100 which is up by £7,763 and Avg. asking rent £599.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 Forest Gate, Blackpool, FY3 area. In last 1 year alone average price buyer paid is around £80,100 based on approximately 5 sales in Forest Gate, Blackpool, FY3 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £71,714. 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 £92,819 for 18 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £103,432 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 £82,975, £102,838 for a 2 bedroom house, £135,155 for a 3 bedroom house, £236,784 for a 4 bedroom house and £405,400 for a 5 bedroom house. For a flat similarly the prices varies from £64,169 for a single bedroom to £113,571 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £200,000 and £300,000 for a 5 bedroom flat. To sum up the asking prices for properties in Forest Gate, Blackpool, FY3 it comes to around average £70,438 for 1 bedroom property, £103,853 for 2 bedroom, £135,642 for 3 bedroom, £236,784 for 4 bedroom and £397,292 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 £518 for 2 bedroom to £604 for 3 bedroom and £1,325 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £520 and £524 for 3 bedroom. You should be generally be expecting around average £390 rent per month for single bedroom property, £519 for 2 bedroom, £601 for 3 bedroom and approximately £1,325 for 4 bedroom property in Forest Gate, Blackpool, FY3 area.

Popular Houses in Forest Gate, Blackpool, FY3

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 Forest Gate, Blackpool, FY3