Gibbs Lane, Offenham, Evesham, WR11

Street Guide For Gibbs Lane, Offenham, Evesham, WR11

 

Gibbs Lane, Offenham, Evesham, WR11 Map

Estimated Price: £285,384
Average Asking Price: £298,490
Price change in last one year: £16,843
Average Price Paid: £322,500
Average Rent Rates: £998

 

Property Prices Breakdown in Gibbs Lane, Offenham, Evesham, WR11

Average Price for property in Gibbs Lane, Offenham, Evesham, WR11 is around £285,384 which varies based on type of property you are interested in and ranges from £310,810 for detached house to around £209,106 for semi-detached. Values have been changing and have risen £1,932 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,507 in last 6 months, £16,843 in last 1 year, £28,500 in last 2 years, £32,869 in last 3 years, £29,874 in last 4 years and £26,446 in last 5 years.

Currently average asking price of a property in Gibbs Lane, Offenham, Evesham, WR11 is around £298,490 based on approximately 0 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £998 per month.

Estimated property value in Gibbs Lane, Offenham, Evesham, WR11 is £285,384. Average asking price is £298,490 while average price paid is £322,500 which is up by £26,446 and Avg. asking rent £998.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 Gibbs Lane, Offenham, Evesham, WR11 area. In last 5 years alone average price buyer paid is around £322,500 based on approximately 2 sales in Gibbs Lane, Offenham, Evesham, WR11 area alone. If you compare it to last 7 years sales of 4 properties where buyers paid around £275,500.

 
 

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 £97,726, £178,429 for a 2 bedroom house, £239,457 for a 3 bedroom house, £349,781 for a 4 bedroom house and £566,065 for a 5 bedroom house. For a flat similarly the prices varies from £100,521 for a single bedroom to £111,665 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £180,000. To sum up the asking prices for properties in Gibbs Lane, Offenham, Evesham, WR11 it comes to around average £99,076 for 1 bedroom property, £155,932 for 2 bedroom, £238,631 for 3 bedroom, £349,781 for 4 bedroom and £566,065 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 £447 for 1 bedroom to £673 for 2 bedroom, £797 for 3 bedroom and £1,463 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £613 and £693 for 3 bedroom. You should be generally be expecting around average £459 rent per month for single bedroom property, £657 for 2 bedroom, £790 for 3 bedroom and approximately £1,462 for 4 bedroom property in Gibbs Lane, Offenham, Evesham, WR11 area.

Popular Houses in Gibbs Lane, Offenham, Evesham, WR11

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 Gibbs Lane, Offenham, Evesham, WR11