Lanark Walk, Newcastle-under-Lyme, ST5

Street Guide For Lanark Walk, Newcastle-under-Lyme, ST5

 

Lanark Walk, Newcastle-under-Lyme, ST5 Map

Estimated Price: £102,118
Average Asking Price: £211,552
Price change in last one year: £5,136
Average Price Paid: £91,500
Average Rent Rates: £2,800

 

Property Prices Breakdown in Lanark Walk, Newcastle-under-Lyme, ST5

Average Price for property in Lanark Walk, Newcastle-under-Lyme, ST5 is around £102,118 which varies based on type of property you are interested in and ranges from £104,230 for terraced house to around £81,002 for a flat. Values have been changing and have risen £244 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £518 in last 6 months, £5,136 in last 1 year, £8,060 in last 2 years, £8,821 in last 3 years, £8,650 in last 4 years and £7,885 in last 5 years.

Currently average asking price of a property in Lanark Walk, Newcastle-under-Lyme, ST5 is around £211,552 based on approximately 1 properties for sale. Same is the case with rental options based on 315 properties up for rent, average asking rent is around £2,800 per month.

Estimated property value in Lanark Walk, Newcastle-under-Lyme, ST5 is £102,118. Average asking price is £211,552 while average price paid is £114,000 which is up by £5,136 and Avg. asking rent £2,800.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 Lanark Walk, Newcastle-under-Lyme, ST5 area. In last 1 year alone average price buyer paid is around £114,000 based on approximately 1 sales in Lanark Walk, Newcastle-under-Lyme, ST5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £87,333. 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 £91,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £91,500 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 £89,950, £111,342 for a 2 bedroom house, £157,935 for a 3 bedroom house, £357,877 for a 4 bedroom house and £458,117 for a 5 bedroom house. For a flat similarly the prices varies from £100,714 for a single bedroom to £113,577 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Lanark Walk, Newcastle-under-Lyme, ST5 it comes to around average £99,817 for 1 bedroom property, £111,646 for 2 bedroom, £158,330 for 3 bedroom, £357,877 for 4 bedroom and £458,117 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 £355 for 1 bedroom to £478 for 2 bedrooms, £538 for 3 bedrooms, £895 for 4 bedrooms and £1,043 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £523. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £581, £740 for 3 bedroom and £550 for 4 bedroom. You should be generally be expecting around average £495 rent per month for single bedroom property, £526 for 2 bedroom, £557 for 3 bedroom, £883 for 4 bedroom and approximately £1,043 for a 5 bedroom property in Lanark Walk, Newcastle-under-Lyme, ST5 area.

Popular Houses in Lanark Walk, Newcastle-under-Lyme, ST5

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 Lanark Walk, Newcastle-under-Lyme, ST5