Lane End Road, Bembridge, PO35

Street Guide For Lane End Road, Bembridge, PO35

 

Lane End Road, Bembridge, PO35 Map

Estimated Price: £366,715
Average Asking Price: £307,338
Price change in last one year: £27,523
Average Price Paid: £373,395
Average Rent Rates: £699

 

Property Prices Breakdown in Lane End Road, Bembridge, PO35

Average Price for property in Lane End Road, Bembridge, PO35 is around £366,715 which varies based on type of property you are interested in and ranges from £457,249 for detached house to around £359,647 for semi-detached. Similarly terraced house is around £158,392 and a flat is worth £132,473. Values have been changing and have risen £3,226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,765 in last 6 months, £27,523 in last 1 year, £46,627 in last 2 years, £46,997 in last 3 years, £43,794 in last 4 years and £43,489 in last 5 years.

Currently average asking price of a property in Lane End Road, Bembridge, PO35 is around £307,338 based on approximately 6 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £699 per month.

Estimated property value in Lane End Road, Bembridge, PO35 is £366,715. Average asking price is £307,338 while average price paid is £314,166 which is up by £27,523 and Avg. asking rent £699.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 Lane End Road, Bembridge, PO35 area. In last 1 year alone average price buyer paid is around £314,166 based on approximately 6 sales in Lane End Road, Bembridge, PO35 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £379,400. 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 £373,395 for 24 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £349,950 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 £129,375, £105,792 for a 2 bedroom house, £287,657 for a 3 bedroom house, £522,669 for a 4 bedroom house and £640,993 for a 5 bedroom house. For a flat similarly the prices varies from £151,750 for a single bedroom to £166,189 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £242,500. To sum up the asking prices for properties in Lane End Road, Bembridge, PO35 it comes to around average £142,800 for 1 bedroom property, £127,535 for 2 bedroom, £286,127 for 3 bedroom, £522,669 for 4 bedroom and £640,993 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 £594 for 2 bedroom to £823 for 3 bedroom and £1,101 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £474 rent per month for single bedroom property, £631 for 2 bedroom, £824 for 3 bedroom and approximately £1,101 for 5 bedroom property in Lane End Road, Bembridge, PO35 area.

Popular Houses in Lane End Road, Bembridge, PO35

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 Lane End Road, Bembridge, PO35