Lights Lane, Alderbury, Salisbury, SP5

Street Guide For Lights Lane, Alderbury, Salisbury, SP5

 

Lights Lane, Alderbury, Salisbury, SP5 Map

Estimated Price: £1,121,787
Average Asking Price: £577,342
Price change in last one year: £85,118
Average Price Paid: £616,875
Average Rent Rates: £1,201

 

Property Prices Breakdown in Lights Lane, Alderbury, Salisbury, SP5

Average Price for property in Lights Lane, Alderbury, Salisbury, SP5 is around £1,121,787 e.g. average price for detached house is around 1,121,787. Values have been changing and have risen £13,088 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,878 in last 6 months, £85,118 in last 1 year, £135,695 in last 2 years, £136,997 in last 3 years, £104,946 in last 4 years and £128,820 in last 5 years.

Currently average asking price of a property in Lights Lane, Alderbury, Salisbury, SP5 is around £577,342 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,201 per month.

Estimated property value in Lights Lane, Alderbury, Salisbury, SP5 is £1,121,787. Average asking price is £577,342 while average price paid is £515,000 which is up by £85,118 and Avg. asking rent £1,201.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 Lights Lane, Alderbury, Salisbury, SP5 area. In last 1 year alone average price buyer paid is around £515,000 based on approximately 1 sales in Lights Lane, Alderbury, Salisbury, SP5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £655,833. 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 £616,875 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £641,071 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 £235,000, £257,718 for a 2 bedroom house, £418,281 for a 3 bedroom house, £512,469 for a 4 bedroom house and £998,073 for a 5 bedroom house. For a flat similarly the prices varies from £117,950 for a single bedroom to £421,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,950. To sum up the asking prices for properties in Lights Lane, Alderbury, Salisbury, SP5 it comes to around average £176,475 for 1 bedroom property, £282,915 for 2 bedroom, £412,902 for 3 bedroom, £512,469 for 4 bedroom and £998,073 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 £770 for 2 bedroom to £1,245 for 3 bedroom, £1,606 for 4 bedroom and £2,126 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £494 rent per month for single bedroom property, £770 for 2 bedroom, £1,245 for 3 bedroom, £1,606 for 4 bedroom and approximately £2,126 for a 5 bedroom property in Lights Lane, Alderbury, Salisbury, SP5 area.

Popular Houses in Lights Lane, Alderbury, Salisbury, SP5

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 Lights Lane, Alderbury, Salisbury, SP5