Lobster Road, Redcar, TS10

Street Guide For Lobster Road, Redcar, TS10

 

Lobster Road, Redcar, TS10 Map

Estimated Price: £74,422
Average Asking Price: £132,617
Price change in last one year: £1,449
Average Price Paid: £87,500
Average Rent Rates: £674

 

Property Prices Breakdown in Lobster Road, Redcar, TS10

Average Price for property in Lobster Road, Redcar, TS10 is around £74,422 which varies based on type of property you are interested in and ranges from £71,709 for detached house to around £74,650 for semi-detached. Similarly terraced house is around £74,918. Values have been changing and have risen £473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £289 in last 6 months, £1,449 in last 1 year, £4,238 in last 2 years, £3,650 in last 3 years, £3,363 in last 4 years and £3,013 in last 5 years.

Currently average asking price of a property in Lobster Road, Redcar, TS10 is around £132,617 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £674 per month.

Estimated property value in Lobster Road, Redcar, TS10 is £74,422. Average asking price is £132,617 while average price paid is £110,000 which is up by £1,449 and Avg. asking rent £674.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 Lobster Road, Redcar, TS10 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Lobster Road, Redcar, TS10 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,500. 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 £87,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £87,500 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 2 bedroom is around £104,172, £109,509 for a 3 bedroom house, £187,099 for a 4 bedroom house and £269,950 for a 5 bedroom house. For a flat the prices of 2 bedroom is £240,000. To sum up the asking prices for properties in Lobster Road, Redcar, TS10 it comes to around average £116,520 for 2 bedroom property, £109,509 for 3 bedroom, £187,099 for 4 bedroom and £269,950 for 5 bedroom.

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 £351 for 1 bedroom to £423 for 2 bedroom and £459 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £299. You should be generally be expecting around average £334 rent per month for single bedroom property, £422 for 2 bedroom and approximately £459 for 3 bedroom property in Lobster Road, Redcar, TS10 area.

Popular Houses in Lobster Road, Redcar, TS10

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 Lobster Road, Redcar, TS10