Lewis Lane, Ford, Arundel, BN18

Street Guide For Lewis Lane, Ford, Arundel, BN18

 

Lewis Lane, Ford, Arundel, BN18 Map

Estimated Price: £196,031
Average Asking Price: £505,356
Price change in last one year: £13,155
Average Price Paid: £169,300
Average Rent Rates: £1,081

 

Property Prices Breakdown in Lewis Lane, Ford, Arundel, BN18

Average Price for property in Lewis Lane, Ford, Arundel, BN18 is around £196,031 which varies based on type of property you are interested in and ranges from £228,920 for semi-detached to around £181,641 for terraced house. Values have been changing and have risen £731 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,519 in last 6 months, £13,155 in last 1 year, £22,495 in last 2 years, £28,963 in last 3 years, £27,076 in last 4 years and £28,357 in last 5 years.

Currently average asking price of a property in Lewis Lane, Ford, Arundel, BN18 is around £505,356 based on approximately 2 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £1,081 per month.

Estimated property value in Lewis Lane, Ford, Arundel, BN18 is £196,031. Average asking price is £505,356 while average price paid is £187,500 which is up by £13,155 and Avg. asking rent £1,081.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 Lewis Lane, Ford, Arundel, BN18 area. In last 1 year alone average price buyer paid is around £187,500 based on approximately 2 sales in Lewis Lane, Ford, Arundel, BN18 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £169,300. 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 £169,300 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £156,345 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 £140,000, £284,231 for a 2 bedroom house, £464,712 for a 3 bedroom house, £504,618 for a 4 bedroom house and £1,075,000 for a 5 bedroom house. For a flat similarly the prices varies from £161,250 for a single bedroom to £294,988 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £385,000. To sum up the asking prices for properties in Lewis Lane, Ford, Arundel, BN18 it comes to around average £154,167 for 1 bedroom property, £288,143 for 2 bedroom, £460,517 for 3 bedroom, £504,618 for 4 bedroom and £1,075,000 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 £810 for 1 bedroom to £926 for 2 bedrooms, £1,271 for 3 bedrooms, £1,439 for 4 bedrooms and £2,225 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £566. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £906 and £1,151 for 3 bedroom. You should be generally be expecting around average £664 rent per month for single bedroom property, £917 for 2 bedroom, £1,241 for 3 bedroom, £1,438 for 4 bedroom and approximately £2,225 for a 5 bedroom property in Lewis Lane, Ford, Arundel, BN18 area.

Popular Houses in Lewis Lane, Ford, Arundel, BN18

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 Lewis Lane, Ford, Arundel, BN18