Gibson Lane, Melton, North Ferriby, HU14

Street Guide For Gibson Lane, Melton, North Ferriby, HU14

 

Gibson Lane, Melton, North Ferriby, HU14 Map

Estimated Price: £147,151
Average Asking Price: £499,992
Price change in last one year: £6,277
Average Price Paid: £124,250
Average Rent Rates: £849

 

Property Prices Breakdown in Gibson Lane, Melton, North Ferriby, HU14

Average Price for property in Gibson Lane, Melton, North Ferriby, HU14 is around £147,151 e.g. average price for semi-detached is around 147,151. Values have been changing and have risen £14 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £373 in last 6 months, £6,277 in last 1 year, £8,044 in last 2 years, £12,539 in last 3 years, £10,685 in last 4 years and £8,728 in last 5 years.

Currently average asking price of a property in Gibson Lane, Melton, North Ferriby, HU14 is around £499,992 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £849 per month.

Estimated property value in Gibson Lane, Melton, North Ferriby, HU14 is £147,151. Average asking price is £499,992 while average price paid is £124,250 which is up by £8,728 and Avg. asking rent £849.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 Gibson Lane, Melton, North Ferriby, HU14 area. In last 5 years alone average price buyer paid is around £124,250 based on approximately 2 sales in Gibson Lane, Melton, North Ferriby, HU14 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £121,500.

 
 

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 £59,950, £201,633 for a 2 bedroom house, £203,621 for a 3 bedroom house, £727,475 for a 4 bedroom house and £889,163 for a 5 bedroom house. For a flat similarly the prices varies from £82,960 for a single bedroom to £224,967 for a 2 bedroom Flat. To sum up the asking prices for properties in Gibson Lane, Melton, North Ferriby, HU14 it comes to around average £79,125 for 1 bedroom property, £213,300 for 2 bedroom, £203,621 for 3 bedroom, £727,475 for 4 bedroom and £889,163 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 £650 for 1 bedroom to £537 for 2 bedroom and £817 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. You should be generally be expecting around average £524 rent per month for single bedroom property, £538 for 2 bedroom and approximately £817 for 3 bedroom property in Gibson Lane, Melton, North Ferriby, HU14 area.

Popular Houses in Gibson Lane, Melton, North Ferriby, HU14

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 Gibson Lane, Melton, North Ferriby, HU14