Green Lane, Hemingby, Horncastle, LN9

Street Guide For Green Lane, Hemingby, Horncastle, LN9

 

Green Lane, Hemingby, Horncastle, LN9 Map

Estimated Price: £259,704
Average Asking Price: £255,823
Price change in last one year: £11,708
Average Price Paid: £194,468
Average Rent Rates: £379

 

Property Prices Breakdown in Green Lane, Hemingby, Horncastle, LN9

Average Price for property in Green Lane, Hemingby, Horncastle, LN9 is around £259,704 which varies based on type of property you are interested in and ranges from £288,842 for detached house to around £182,004 for semi-detached. Values have been changing and have risen £679 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,606 in last 6 months, £11,708 in last 1 year, £27,795 in last 2 years, £21,938 in last 3 years, £20,176 in last 4 years and £21,048 in last 5 years.

Currently average asking price of a property in Green Lane, Hemingby, Horncastle, LN9 is around £255,823 based on approximately 1 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £379 per month.

Estimated property value in Green Lane, Hemingby, Horncastle, LN9 is £259,704. Average asking price is £255,823 while average price paid is £156,000 which is up by £11,708 and Avg. asking rent £379.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 Green Lane, Hemingby, Horncastle, LN9 area. In last 1 year alone average price buyer paid is around £156,000 based on approximately 1 sales in Green Lane, Hemingby, Horncastle, LN9 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £198,666. 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 £194,468 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £200,638 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 £139,264, £212,778 for a 3 bedroom house, £303,489 for a 4 bedroom house and £306,000 for a 5 bedroom house. For a flat the prices of 2 bedroom is £70,000. To sum up the asking prices for properties in Green Lane, Hemingby, Horncastle, LN9 it comes to around average £123,872 for 2 bedroom property, £212,778 for 3 bedroom, £303,489 for 4 bedroom and £306,000 for 5 bedroom.

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 £399 for 1 bedroom to £533 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £336. You should be generally be expecting around average £348 rent per month for single bedroom property and approximately £533 for 2 bedroom property in Green Lane, Hemingby, Horncastle, LN9 area.

Popular Houses in Green Lane, Hemingby, Horncastle, LN9

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 Green Lane, Hemingby, Horncastle, LN9