Formby Crescent, Longton, Preston, PR4

Street Guide For Formby Crescent, Longton, Preston, PR4

 

Formby Crescent, Longton, Preston, PR4 Map

Estimated Price: £288,000
Average Asking Price: £276,965
Price change in last one year: £14,757
Average Price Paid: £217,448
Average Rent Rates: £571

 

Property Prices Breakdown in Formby Crescent, Longton, Preston, PR4

Average Price for property in Formby Crescent, Longton, Preston, PR4 is around £288,000 which varies based on type of property you are interested in and ranges from £329,828 for detached house to around £162,512 for semi-detached. Values have been changing and have risen £365 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,499 in last 6 months, £14,757 in last 1 year, £24,046 in last 2 years, £22,006 in last 3 years, £19,514 in last 4 years and £9,247 in last 5 years.

Currently average asking price of a property in Formby Crescent, Longton, Preston, PR4 is around £276,965 based on approximately 3 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £571 per month.

Estimated property value in Formby Crescent, Longton, Preston, PR4 is £288,000. Average asking price is £276,965 while average price paid is £207,650 which is up by £14,757 and Avg. asking rent £571.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 Formby Crescent, Longton, Preston, PR4 area. In last 1 year alone average price buyer paid is around £207,650 based on approximately 3 sales in Formby Crescent, Longton, Preston, PR4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £214,992. 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 £217,448 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £213,702 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 £221,667, £146,175 for a 2 bedroom house, £209,295 for a 3 bedroom house, £324,904 for a 4 bedroom house and £443,153 for a 5 bedroom house. For a flat similarly the prices varies from £107,590 for a single bedroom to £98,597 for a 2 bedroom Flat. To sum up the asking prices for properties in Formby Crescent, Longton, Preston, PR4 it comes to around average £150,369 for 1 bedroom property, £139,013 for 2 bedroom, £209,295 for 3 bedroom, £324,904 for 4 bedroom and £443,153 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 £262 for 1 bedroom to £554 for 2 bedrooms, £744 for 3 bedrooms, £713 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £521. You should be generally be expecting around average £411 rent per month for single bedroom property, £546 for 2 bedroom, £744 for 3 bedroom, £713 for 4 bedroom and approximately £897 for a 5 bedroom property in Formby Crescent, Longton, Preston, PR4 area.

Popular Houses in Formby Crescent, Longton, Preston, PR4

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 Formby Crescent, Longton, Preston, PR4