Garnie Lane, Erskine, PA8

Street Guide For Garnie Lane, Erskine, PA8

 

Garnie Lane, Erskine, PA8 Map

Estimated Price: £172,246
Average Asking Price: £125,307
Price change in last one year: £6,701
Average Price Paid: £164,166
Average Rent Rates: £659

 

Property Prices Breakdown in Garnie Lane, Erskine, PA8

Average Price for property in Garnie Lane, Erskine, PA8 is around £172,246 which varies based on type of property you are interested in and ranges from £244,971 for detached house to around £154,394 for semi-detached. Values have been changing and have risen £856 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,133 in last 6 months, £6,701 in last 1 year, £16,078 in last 2 years, £6,513 in last 3 years, £12,869 in last 4 years and £7,655 in last 5 years.

Currently average asking price of a property in Garnie Lane, Erskine, PA8 is around £125,307 based on approximately 3 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £659 per month.

Estimated property value in Garnie Lane, Erskine, PA8 is £172,246. Average asking price is £125,307 while average price paid is £164,166 which is up by £6,701 and Avg. asking rent £659.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 Garnie Lane, Erskine, PA8 area. In last 1 year alone average price buyer paid is around £164,166 based on approximately 3 sales in Garnie Lane, Erskine, PA8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £164,166. 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 £164,166 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £164,166 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 £77,498, £92,180 for a 2 bedroom house, £139,353 for a 3 bedroom house and £177,798 for a 4 bedroom house. For a flat the prices of single bedroom is £61,333. To sum up the asking prices for properties in Garnie Lane, Erskine, PA8 it comes to around average £70,571 for 1 bedroom property, £92,180 for 2 bedroom, £139,353 for 3 bedroom and £177,798 for 4 bedroom.

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 £524 for 2 bedroom to £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £450 rent per month for single bedroom property, £524 for 2 bedroom and approximately £1,001 for 4 bedroom property in Garnie Lane, Erskine, PA8 area.

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 Garnie Lane, Erskine, PA8