Gorse Lane, Sling, Coleford, GL16

Street Guide For Gorse Lane, Sling, Coleford, GL16

 

Gorse Lane, Sling, Coleford, GL16 Map

Estimated Price: £197,237
Average Asking Price: £234,401
Price change in last one year: £17,437
Average Price Paid: £154,666
Average Rent Rates: £528

 

Property Prices Breakdown in Gorse Lane, Sling, Coleford, GL16

Average Price for property in Gorse Lane, Sling, Coleford, GL16 is around £197,237 which varies based on type of property you are interested in and ranges from £223,234 for detached house to around £171,241 for semi-detached. Values have been changing and have risen £1,650 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,796 in last 6 months, £17,437 in last 1 year, £24,602 in last 2 years, £23,859 in last 3 years, £22,084 in last 4 years and £24,090 in last 5 years.

Currently average asking price of a property in Gorse Lane, Sling, Coleford, GL16 is around £234,401 based on approximately 1 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £528 per month.

Estimated property value in Gorse Lane, Sling, Coleford, GL16 is £197,237. Average asking price is £234,401 while average price paid is £150,000 which is up by £17,437 and Avg. asking rent £528.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 Gorse Lane, Sling, Coleford, GL16 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Gorse Lane, Sling, Coleford, GL16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £168,750. 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 £154,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £154,666 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 £109,778, £147,144 for a 2 bedroom house, £221,007 for a 3 bedroom house, £288,163 for a 4 bedroom house and £443,000 for a 5 bedroom house. For a flat similarly the prices varies from £74,687 for a single bedroom to £102,761 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £109,950. To sum up the asking prices for properties in Gorse Lane, Sling, Coleford, GL16 it comes to around average £88,183 for 1 bedroom property, £137,854 for 2 bedroom, £219,465 for 3 bedroom, £288,163 for 4 bedroom and £443,000 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 £494 for 1 bedroom to £532 for 2 bedroom, £668 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £464. You should be generally be expecting around average £419 rent per month for single bedroom property, £509 for 2 bedroom, £668 for 3 bedroom and approximately £750 for 4 bedroom property in Gorse Lane, Sling, Coleford, GL16 area.

Popular Houses in Gorse Lane, Sling, Coleford, GL16

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 Gorse Lane, Sling, Coleford, GL16