Longmans Lane, Cottingham, HU16

Street Guide For Longmans Lane, Cottingham, HU16

 

Longmans Lane, Cottingham, HU16 Map

Estimated Price: £373,457
Average Asking Price: £222,292
Price change in last one year: £15,933
Average Price Paid: £299,014
Average Rent Rates: £657

 

Property Prices Breakdown in Longmans Lane, Cottingham, HU16

Average Price for property in Longmans Lane, Cottingham, HU16 is around £373,457 e.g. average price for detached house is around 373,457. Values have been changing and have risen £391 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £405 in last 6 months, £15,933 in last 1 year, £23,702 in last 2 years, £36,875 in last 3 years, £31,108 in last 4 years and £19,920 in last 5 years.

Currently average asking price of a property in Longmans Lane, Cottingham, HU16 is around £222,292 based on approximately 3 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £657 per month.

Estimated property value in Longmans Lane, Cottingham, HU16 is £373,457. Average asking price is £222,292 while average price paid is £330,998 which is up by £15,933 and Avg. asking rent £657.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 Longmans Lane, Cottingham, HU16 area. In last 1 year alone average price buyer paid is around £330,998 based on approximately 3 sales in Longmans Lane, Cottingham, HU16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £293,699. 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 £299,014 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £303,013 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 £129,109, £194,729 for a 3 bedroom house, £266,816 for a 4 bedroom house and £473,738 for a 5 bedroom house. For a flat similarly the prices varies from £74,725 for a single bedroom to £97,475 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,950. To sum up the asking prices for properties in Longmans Lane, Cottingham, HU16 it comes to around average £74,725 for 1 bedroom property, £115,789 for 2 bedroom, £190,478 for 3 bedroom, £266,816 for 4 bedroom and £473,738 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 £485 for 2 bedroom to £608 for 3 bedroom and £873 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524 and £477 for 3 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £508 for 2 bedroom, £596 for 3 bedroom and approximately £873 for 4 bedroom property in Longmans Lane, Cottingham, HU16 area.

Popular Houses in Longmans Lane, Cottingham, HU16

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 Longmans Lane, Cottingham, HU16