Lockett Gardens, Salford, M3

Street Guide For Lockett Gardens, Salford, M3

 
 

Lockett Gardens, Salford, M3 Map

Estimated Price: £107,661
Average Asking Price: £241,077
Price change in last one year: £5,723
Average Price Paid: £105,333
Average Rent Rates: £1,528

Metro Residential
2 Arena Court Mirabel Street, Manchester, M3 1PJ

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Property Prices Breakdown in Lockett Gardens, Salford, M3

Values have been changing and have risen £114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £41 in last 6 months, £5,723 in last 1 year, £9,510 in last 2 years, £10,595 in last 3 years, £9,423 in last 4 years and £9,166 in last 5 years.

Currently average asking price of a property in Lockett Gardens, Salford, M3 is around £241,077 based on approximately 1 properties for sale. Same is the case with rental options based on 141 properties up for rent, average asking rent is around £1,528 per month.

Estimated property value in Lockett Gardens, Salford, M3 is £107,661. Average asking price is £241,077 while average price paid is £108,500 which is up by £5,723 and Avg. asking rent £1,528.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 Lockett Gardens, Salford, M3 area. In last 1 year alone average price buyer paid is around £108,500 based on approximately 1 sales in Lockett Gardens, Salford, M3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £103,000. 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 £105,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £109,899 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 £737,500 and £181,633 for a 3 bedroom house. For a flat similarly the prices varies from £134,600 for a single bedroom to £207,449 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £373,611. To sum up the asking prices for properties in Lockett Gardens, Salford, M3 it comes to around average £134,600 for 1 bedroom property, £216,138 for 2 bedroom and £325,617 for 3 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 £542 for 1 bedroom to £598 for 2 bedroom and £1,248 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £711. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,147, £2,289 for 3 bedroom and £3,952 for 4 bedroom. You should be generally be expecting around average £689 rent per month for single bedroom property, £1,137 for 2 bedroom, £2,195 for 3 bedroom and approximately £3,952 for 4 bedroom property in Lockett Gardens, Salford, M3 area.

Popular Houses in Lockett Gardens, Salford, M3

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 Lockett Gardens, Salford, M3