Gorse Lane, Stretford, Manchester, M32

Street Guide For Gorse Lane, Stretford, Manchester, M32

 

Gorse Lane, Stretford, Manchester, M32 Map

Estimated Price: £141,315
Average Asking Price: £172,601
Price change in last one year: £9,552
Average Price Paid: £131,775
Average Rent Rates: £912

 

Property Prices Breakdown in Gorse Lane, Stretford, Manchester, M32

Average Price for property in Gorse Lane, Stretford, Manchester, M32 is around £141,315 which varies based on type of property you are interested in and ranges from £141,836 for semi-detached to around £137,669 for terraced house. Values have been changing and have risen £66 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £109 in last 6 months, £9,552 in last 1 year, £14,652 in last 2 years, £17,248 in last 3 years, £16,888 in last 4 years and £14,822 in last 5 years.

Currently average asking price of a property in Gorse Lane, Stretford, Manchester, M32 is around £172,601 based on approximately 2 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £912 per month.

Estimated property value in Gorse Lane, Stretford, Manchester, M32 is £141,315. Average asking price is £172,601 while average price paid is £132,000 which is up by £9,552 and Avg. asking rent £912.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, Stretford, Manchester, M32 area. In last 1 year alone average price buyer paid is around £132,000 based on approximately 2 sales in Gorse Lane, Stretford, Manchester, M32 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £131,775. 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 £131,775 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £123,683 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 2 bedroom is around £167,500, £183,163 for a 3 bedroom house, £299,158 for a 4 bedroom house and £342,488 for a 5 bedroom house. For a flat similarly the prices varies from £84,085 for a single bedroom to £108,285 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £124,975. To sum up the asking prices for properties in Gorse Lane, Stretford, Manchester, M32 it comes to around average £84,085 for 1 bedroom property, £125,203 for 2 bedroom, £180,179 for 3 bedroom, £299,158 for 4 bedroom and £342,488 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 2 bedroom to £747 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 £415. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £588. You should be generally be expecting around average £415 rent per month for single bedroom property, £615 for 2 bedroom, £747 for 3 bedroom and approximately £750 for 4 bedroom property in Gorse Lane, Stretford, Manchester, M32 area.

Popular Houses in Gorse Lane, Stretford, Manchester, M32

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, Stretford, Manchester, M32