Gaisgill Avenue, Morecambe, LA4

Street Guide For Gaisgill Avenue, Morecambe, LA4

 

Gaisgill Avenue, Morecambe, LA4 Map

Estimated Price: £131,731
Average Asking Price: £141,493
Price change in last one year: £4,452
Average Price Paid: £130,230
Average Rent Rates: £548

 

Property Prices Breakdown in Gaisgill Avenue, Morecambe, LA4

Average Price for property in Gaisgill Avenue, Morecambe, LA4 is around £131,731 which varies based on type of property you are interested in and ranges from £177,266 for detached house to around £132,374 for semi-detached. Similarly terraced house is around £109,803 and a flat is worth £82,374. Values have been changing and have risen £430 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £496 in last 6 months, £4,452 in last 1 year, £11,050 in last 2 years, £10,024 in last 3 years, £11,387 in last 4 years and £4,037 in last 5 years.

Currently average asking price of a property in Gaisgill Avenue, Morecambe, LA4 is around £141,493 based on approximately 2 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £548 per month.

Estimated property value in Gaisgill Avenue, Morecambe, LA4 is £131,731. Average asking price is £141,493 while average price paid is £130,650 which is up by £4,452 and Avg. asking rent £548.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 Gaisgill Avenue, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £130,650 based on approximately 2 sales in Gaisgill Avenue, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £123,260. 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 £130,230 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £126,118 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 £80,000, £133,581 for a 2 bedroom house, £165,863 for a 3 bedroom house, £180,867 for a 4 bedroom house and £192,774 for a 5 bedroom house. For a flat similarly the prices varies from £74,717 for a single bedroom to £115,083 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £107,039 and £170,000 for a 4 bedroom flat. To sum up the asking prices for properties in Gaisgill Avenue, Morecambe, LA4 it comes to around average £74,887 for 1 bedroom property, £125,733 for 2 bedroom, £159,635 for 3 bedroom, £180,350 for 4 bedroom and £192,774 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 £282 for 1 bedroom to £561 for 2 bedroom, £623 for 3 bedroom and £550 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £404. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £499 and £696 for 3 bedroom. You should be generally be expecting around average £384 rent per month for single bedroom property, £516 for 2 bedroom, £652 for 3 bedroom and approximately £550 for 4 bedroom property in Gaisgill Avenue, Morecambe, LA4 area.

Popular Houses in Gaisgill Avenue, Morecambe, LA4

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 Gaisgill Avenue, Morecambe, LA4