LN13

Real Estate Area Guide For LN13

 

LN13 Map

Estimated Price: £175,451
Average Asking Price: £239,620
Price change in last one year: £6,696
Average Price Paid: £158,428
Average Rent Rates: £451

 

Property Prices Breakdown in LN13

Average Price for property in LN13 is around £175,451 which varies based on type of property you are interested in and ranges from £203,654 for detached house to around £134,738 for semi-detached. Similarly terraced house is around £103,870 and a flat is worth £77,397. Values have been changing and have risen £386 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,324 in last 6 months, £6,696 in last 1 year, £18,306 in last 2 years, £16,822 in last 3 years, £14,924 in last 4 years and £10,481 in last 5 years.

Currently average asking price of a property in LN13 is around £239,620 based on approximately 104 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £451 per month.

Estimated property value in LN13 is £175,451. Average asking price is £239,620 while average price paid is £169,496 which is up by £6,696 and Avg. asking rent £451.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 LN13 area. In last 1 year alone average price buyer paid is around £169,496 based on approximately 104 sales in LN13 area alone. If you compare it to last 3 years sales of 291 properties where buyers paid around £158,847. 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 £158,428 for 467 and average amount paid for purchase of approx. 602 properties sold in last 7 years comes to about £160,046 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 £70,000, £160,487 for a 2 bedroom house, £221,428 for a 3 bedroom house, £280,179 for a 4 bedroom house and £485,000 for a 5 bedroom house. For a flat similarly the prices varies from £104,950 for a 2 bedroom to £100,000 for a 5 bedroom Flat. To sum up the asking prices for properties in LN13 it comes to around average £70,000 for 1 bedroom property, £157,016 for 2 bedroom, £221,428 for 3 bedroom, £280,179 for 4 bedroom and £292,500 for a 5 bedroom property.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £451 rent per month for 2 bedroom property in LN13 area.

Popular Houses in LN13

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.

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