George Lane, Marlborough, SN8

Street Guide For George Lane, Marlborough, SN8

 
 

George Lane, Marlborough, SN8 Map

Estimated Price: £397,029
Average Asking Price: £449,868
Price change in last one year: £9,352
Average Price Paid: £374,191
Average Rent Rates: £1,248

Swindon Homes Direct
29 Commercial Road, Swindon, Wiltshire, SN1 1NS

Free House valuation

 

Property Prices Breakdown in George Lane, Marlborough, SN8

Average Price for property in George Lane, Marlborough, SN8 is around £397,029 which varies based on type of property you are interested in and ranges from £517,970 for detached house to around £397,249 for semi-detached. Similarly terraced house is around £302,999 and a flat is worth £174,648. Values have been changing and have risen £1,482 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,650 in last 6 months, £9,352 in last 1 year, £33,579 in last 2 years, £44,763 in last 3 years, £38,075 in last 4 years and £34,257 in last 5 years.

Currently average asking price of a property in George Lane, Marlborough, SN8 is around £449,868 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £1,248 per month.

Estimated property value in George Lane, Marlborough, SN8 is £397,029. Average asking price is £449,868 while average price paid is £503,000 which is up by £9,352 and Avg. asking rent £1,248.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 George Lane, Marlborough, SN8 area. In last 1 year alone average price buyer paid is around £503,000 based on approximately 2 sales in George Lane, Marlborough, SN8 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £393,030. 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 £374,191 for 18 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £364,234 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 £122,500, £236,936 for a 2 bedroom house, £405,957 for a 3 bedroom house, £533,267 for a 4 bedroom house and £729,500 for a 5 bedroom house. For a flat similarly the prices varies from £122,500 for a single bedroom to £194,490 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £280,000. To sum up the asking prices for properties in George Lane, Marlborough, SN8 it comes to around average £122,500 for 1 bedroom property, £228,773 for 2 bedroom, £397,831 for 3 bedroom, £533,267 for 4 bedroom and £729,500 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 £622 for 1 bedroom to £952 for 2 bedrooms, £1,094 for 3 bedrooms, £1,880 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £622. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £693. You should be generally be expecting around average £622 rent per month for single bedroom property, £926 for 2 bedroom, £1,094 for 3 bedroom, £1,880 for 4 bedroom and approximately £1,798 for a 5 bedroom property in George Lane, Marlborough, SN8 area.

Popular Houses in George Lane, Marlborough, SN8

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 George Lane, Marlborough, SN8