Loretto Road, Urmston, Manchester, M41

Street Guide For Loretto Road, Urmston, Manchester, M41

 

Loretto Road, Urmston, Manchester, M41 Map

Estimated Price: £186,245
Average Asking Price: £220,891
Price change in last one year: £13,978
Average Price Paid: £137,833
Average Rent Rates: £678

 

Property Prices Breakdown in Loretto Road, Urmston, Manchester, M41

Average Price for property in Loretto Road, Urmston, Manchester, M41 is around £186,245 which varies based on type of property you are interested in and ranges from £180,099 for semi-detached to around £216,979 for terraced house. Values have been changing and have risen £824 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,455 in last 6 months, £13,978 in last 1 year, £19,845 in last 2 years, £23,111 in last 3 years, £21,651 in last 4 years and £19,373 in last 5 years.

Currently average asking price of a property in Loretto Road, Urmston, Manchester, M41 is around £220,891 based on approximately 0 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £678 per month.

Estimated property value in Loretto Road, Urmston, Manchester, M41 is £186,245. Average asking price is £220,891 while average price paid is £118,750 which is up by £23,111 and Avg. asking rent £678.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 Loretto Road, Urmston, Manchester, M41 area. In last 3 years alone average price buyer paid is around £118,750 based on approximately 2 sales in Loretto Road, Urmston, Manchester, M41 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £137,833. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £158,375 for 4 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 £201,609, £226,534 for a 3 bedroom house, £298,741 for a 4 bedroom house and £419,999 for a 5 bedroom house. For a flat similarly the prices varies from £84,700 for a single bedroom to £117,867 for a 2 bedroom Flat. To sum up the asking prices for properties in Loretto Road, Urmston, Manchester, M41 it comes to around average £84,700 for 1 bedroom property, £171,894 for 2 bedroom, £226,534 for 3 bedroom, £298,741 for 4 bedroom and £419,999 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 £637 for 2 bedroom to £786 for 3 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £589 and £750 for 3 bedroom. You should be generally be expecting around average £474 rent per month for single bedroom property, £611 for 2 bedroom, £781 for 3 bedroom and approximately £1,499 for 5 bedroom property in Loretto Road, Urmston, Manchester, M41 area.

Popular Houses in Loretto Road, Urmston, Manchester, M41

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 Loretto Road, Urmston, Manchester, M41