Lands Lane, Knaresborough, HG5

Street Guide For Lands Lane, Knaresborough, HG5

 
 

Lands Lane, Knaresborough, HG5 Map

Estimated Price: £894,827
Average Asking Price: £391,123
Price change in last one year: £65,435
Average Price Paid: £735,772
Average Rent Rates: £1,049

Alexander Gibson Estate Agents
5 Raglan Street, Harrogate, North Yorkshire HG1 1L

Free House valuation

 

Property Prices Breakdown in Lands Lane, Knaresborough, HG5

Average Price for property in Lands Lane, Knaresborough, HG5 is around £894,827 e.g. average price for detached house is around 894,827. Values have been changing and have risen £3,610 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,514 in last 6 months, £65,435 in last 1 year, £87,845 in last 2 years, £86,439 in last 3 years, £88,434 in last 4 years and £78,826 in last 5 years.

Currently average asking price of a property in Lands Lane, Knaresborough, HG5 is around £391,123 based on approximately 2 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,049 per month.

Estimated property value in Lands Lane, Knaresborough, HG5 is £894,827. Average asking price is £391,123 while average price paid is £761,750 which is up by £65,435 and Avg. asking rent £1,049.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 Lands Lane, Knaresborough, HG5 area. In last 1 year alone average price buyer paid is around £761,750 based on approximately 2 sales in Lands Lane, Knaresborough, HG5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £717,250. 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 £735,772 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £721,541 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 £129,950, £181,637 for a 2 bedroom house, £314,004 for a 3 bedroom house, £494,161 for a 4 bedroom house and £580,919 for a 5 bedroom house. For a flat similarly the prices varies from £109,170 for a single bedroom to £134,950 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £185,000. To sum up the asking prices for properties in Lands Lane, Knaresborough, HG5 it comes to around average £116,962 for 1 bedroom property, £176,144 for 2 bedroom, £314,004 for 3 bedroom, £494,161 for 4 bedroom and £528,130 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 £693 for 1 bedroom to £688 for 2 bedrooms, £880 for 3 bedrooms, £1,399 for 4 bedrooms and £1,595 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £584. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £632. You should be generally be expecting around average £611 rent per month for single bedroom property, £660 for 2 bedroom, £880 for 3 bedroom, £1,399 for 4 bedroom and approximately £1,595 for a 5 bedroom property in Lands Lane, Knaresborough, HG5 area.

Popular Houses in Lands Lane, Knaresborough, HG5

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 Lands Lane, Knaresborough, HG5