Lorraine Way, Alexandria, G83

Street Guide For Lorraine Way, Alexandria, G83

 

Lorraine Way, Alexandria, G83 Map

Estimated Price: £147,994
Average Asking Price: £175,468
Price change in last one year: £14,110
Average Price Paid: £105,000
Average Rent Rates: £650

 

Property Prices Breakdown in Lorraine Way, Alexandria, G83

Average Price for property in Lorraine Way, Alexandria, G83 is around £147,994 which varies based on type of property you are interested in and ranges from £190,487 for detached house to around £128,293 for semi-detached. Similarly terraced house is around £153,337. Values have been changing and have risen £1,313 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,814 in last 6 months, £14,110 in last 1 year, £21,339 in last 2 years, £14,439 in last 3 years, £13,559 in last 4 years and £13,393 in last 5 years.

Currently average asking price of a property in Lorraine Way, Alexandria, G83 is around £175,468 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Lorraine Way, Alexandria, G83 is £147,994. Average asking price is £175,468 while average price paid is £96,000 which is up by £14,439 and Avg. asking rent £650.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 Lorraine Way, Alexandria, G83 area. In last 3 years alone average price buyer paid is around £96,000 based on approximately 1 sales in Lorraine Way, Alexandria, G83 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £105,000. 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 £121,000 for 6 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 £79,000, £108,446 for a 2 bedroom house, £163,311 for a 3 bedroom house, £237,083 for a 4 bedroom house and £323,408 for a 5 bedroom house. For a flat similarly the prices varies from £76,311 for a single bedroom to £114,514 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,706 and £95,000 for a 4 bedroom flat. To sum up the asking prices for properties in Lorraine Way, Alexandria, G83 it comes to around average £76,469 for 1 bedroom property, £112,110 for 2 bedroom, £170,528 for 3 bedroom, £229,605 for 4 bedroom and £323,408 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 £425 for 1 bedroom to £621 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £299. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £377. You should be generally be expecting around average £383 rent per month for single bedroom property and approximately £560 for 2 bedroom property in Lorraine Way, Alexandria, G83 area.

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 Lorraine Way, Alexandria, G83