Lancaster Road, Carnforth, LA5

Street Guide For Lancaster Road, Carnforth, LA5

 

Lancaster Road, Carnforth, LA5 Map

Estimated Price: £164,658
Average Asking Price: £266,004
Price change in last one year: £4,919
Average Price Paid: £151,318
Average Rent Rates: £705

 

Property Prices Breakdown in Lancaster Road, Carnforth, LA5

Average Price for property in Lancaster Road, Carnforth, LA5 is around £164,658 which varies based on type of property you are interested in and ranges from £317,204 for detached house to around £184,123 for semi-detached. Similarly terraced house is around £137,702 and a flat is worth £134,806. Values have been changing and have risen £646 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,666 in last 6 months, £4,919 in last 1 year, £12,432 in last 2 years, £13,320 in last 3 years, £14,315 in last 4 years and £6,693 in last 5 years.

Currently average asking price of a property in Lancaster Road, Carnforth, LA5 is around £266,004 based on approximately 5 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 Lancaster Road, Carnforth, LA5 is £164,658. Average asking price is £266,004 while average price paid is £126,200 which is up by £4,919 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 Lancaster Road, Carnforth, LA5 area. In last 1 year alone average price buyer paid is around £126,200 based on approximately 5 sales in Lancaster Road, Carnforth, LA5 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £124,411. 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 £151,318 for 22 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £153,016 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 Lancaster Road, 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 Lancaster Road, Carnforth, LA5 area.

Popular Houses in Lancaster Road, 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 Lancaster Road, Carnforth, LA5