Lennon Way, Basingstoke, RG22

Street Guide For Lennon Way, Basingstoke, RG22

 

Lennon Way, Basingstoke, RG22 Map

Estimated Price: £232,834
Average Asking Price: £250,023
Price change in last one year: £14,780
Average Price Paid: £178,409
Average Rent Rates: £1,303

 

Property Prices Breakdown in Lennon Way, Basingstoke, RG22

Average Price for property in Lennon Way, Basingstoke, RG22 is around £232,834 which varies based on type of property you are interested in and ranges from £276,405 for detached house to around £264,095 for semi-detached. Similarly terraced house is around £206,312. Values have been changing and have risen £118 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £645 in last 6 months, £14,780 in last 1 year, £27,907 in last 2 years, £34,098 in last 3 years, £33,678 in last 4 years and £32,691 in last 5 years.

Currently average asking price of a property in Lennon Way, Basingstoke, RG22 is around £250,023 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,303 per month.

Estimated property value in Lennon Way, Basingstoke, RG22 is £232,834. Average asking price is £250,023 while average price paid is £183,500 which is up by £14,780 and Avg. asking rent £1,303.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 Lennon Way, Basingstoke, RG22 area. In last 1 year alone average price buyer paid is around £183,500 based on approximately 2 sales in Lennon Way, Basingstoke, RG22 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £165,000. 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 £178,409 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £174,296 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 £159,950, £201,667 for a 2 bedroom house, £243,520 for a 3 bedroom house, £378,319 for a 4 bedroom house and £404,992 for a 5 bedroom house. For a flat similarly the prices varies from £117,889 for a single bedroom to £150,912 for a 2 bedroom Flat. To sum up the asking prices for properties in Lennon Way, Basingstoke, RG22 it comes to around average £119,992 for 1 bedroom property, £160,428 for 2 bedroom, £243,520 for 3 bedroom, £378,319 for 4 bedroom and £404,992 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 £662 for 1 bedroom to £868 for 2 bedroom, £961 for 3 bedroom and £1,365 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £702. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £771. You should be generally be expecting around average £672 rent per month for single bedroom property, £846 for 2 bedroom, £961 for 3 bedroom and approximately £1,365 for 4 bedroom property in Lennon Way, Basingstoke, RG22 area.

Popular Houses in Lennon Way, Basingstoke, RG22

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 Lennon Way, Basingstoke, RG22