Hempshaw Lane, Stockport, SK1

Street Guide For Hempshaw Lane, Stockport, SK1

 

Hempshaw Lane, Stockport, SK1 Map

Estimated Price: £123,046
Average Asking Price: £145,720
Price change in last one year: £4,890
Average Price Paid: £100,014
Average Rent Rates: £813

 

Property Prices Breakdown in Hempshaw Lane, Stockport, SK1

Average Price for property in Hempshaw Lane, Stockport, SK1 is around £123,046 which varies based on type of property you are interested in and ranges from £146,179 for detached house to around £140,863 for semi-detached. Similarly terraced house is around £113,247. Values have been changing and have risen £359 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £426 in last 6 months, £4,890 in last 1 year, £9,984 in last 2 years, £12,313 in last 3 years, £12,354 in last 4 years and £11,162 in last 5 years.

Currently average asking price of a property in Hempshaw Lane, Stockport, SK1 is around £145,720 based on approximately 2 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £813 per month.

Estimated property value in Hempshaw Lane, Stockport, SK1 is £123,046. Average asking price is £145,720 while average price paid is £72,750 which is up by £4,890 and Avg. asking rent £813.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 Hempshaw Lane, Stockport, SK1 area. In last 1 year alone average price buyer paid is around £72,750 based on approximately 2 sales in Hempshaw Lane, Stockport, SK1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £96,954. 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 £100,014 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £105,107 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 £109,930 and £132,250 for a 3 bedroom house. For a flat similarly the prices varies from £203,225 for a single bedroom to £135,838 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £90,750. To sum up the asking prices for properties in Hempshaw Lane, Stockport, SK1 it comes to around average £203,225 for 1 bedroom property, £122,884 for 2 bedroom and £127,462 for 3 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 £238 for 1 bedroom to £594 for 2 bedroom and £693 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £540. You should be generally be expecting around average £292 rent per month for single bedroom property, £568 for 2 bedroom and approximately £693 for 3 bedroom property in Hempshaw Lane, Stockport, SK1 area.

Popular Houses in Hempshaw Lane, Stockport, SK1

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 Hempshaw Lane, Stockport, SK1