Knott Lane, Arnside, Carnforth, LA5

Street Guide For Knott Lane, Arnside, Carnforth, LA5

 

Knott Lane, Arnside, Carnforth, LA5 Map

Estimated Price: £515,651
Average Asking Price: £266,004
Price change in last one year: £16,607
Average Price Paid: £396,250
Average Rent Rates: £705

 

Property Prices Breakdown in Knott Lane, Arnside, Carnforth, LA5

Average Price for property in Knott Lane, Arnside, Carnforth, LA5 is around £515,651 e.g. average price for a flat is around 515,651. Values have been changing and have risen £2,180 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,000 in last 6 months, £16,607 in last 1 year, £41,975 in last 2 years, £44,961 in last 3 years, £48,315 in last 4 years and £22,541 in last 5 years.

Currently average asking price of a property in Knott Lane, Arnside, Carnforth, LA5 is around £266,004 based on approximately 3 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £705 per month.

Estimated property value in Knott Lane, Arnside, Carnforth, LA5 is £515,651. Average asking price is £266,004 while average price paid is £392,500 which is up by £16,607 and Avg. asking rent £705.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 Knott Lane, Arnside, Carnforth, LA5 area. In last 1 year alone average price buyer paid is around £392,500 based on approximately 3 sales in Knott Lane, Arnside, Carnforth, LA5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £396,250. 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 £396,250 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £393,928 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 £175,530, £240,020 for a 3 bedroom house, £353,192 for a 4 bedroom house and £483,000 for a 5 bedroom house. For a flat similarly the prices varies from £205,000 for a single bedroom to £208,257 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £232,500. To sum up the asking prices for properties in Knott Lane, Arnside, Carnforth, LA5 it comes to around average £205,000 for 1 bedroom property, £186,439 for 2 bedroom, £239,527 for 3 bedroom, £353,192 for 4 bedroom and £483,000 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 £546 for 2 bedroom to £734 for 3 bedroom and £797 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £702. You should be generally be expecting around average £598 rent per month for 2 bedroom property, £734 for 3 bedroom and approximately £798 for 4 bedroom property in Knott Lane, Arnside, Carnforth, LA5 area.

Popular Houses in Knott Lane, Arnside, Carnforth, LA5

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 Knott Lane, Arnside, Carnforth, LA5