Low Lane, Middlesbrough, TS5

Street Guide For Low Lane, Middlesbrough, TS5

 

Low Lane, Middlesbrough, TS5 Map

Estimated Price: £251,624
Average Asking Price: £153,958
Price change in last one year: £7,246
Average Price Paid: £224,500
Average Rent Rates: £522

 

Property Prices Breakdown in Low Lane, Middlesbrough, TS5

Average Price for property in Low Lane, Middlesbrough, TS5 is around £251,624 which varies based on type of property you are interested in and ranges from £361,657 for detached house to around £226,047 for semi-detached. Similarly terraced house is around £140,324 and a flat is worth £74,234. Values have been changing and have risen £1,579 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £919 in last 6 months, £7,246 in last 1 year, £13,920 in last 2 years, £13,149 in last 3 years, £13,399 in last 4 years and £9,116 in last 5 years.

Currently average asking price of a property in Low Lane, Middlesbrough, TS5 is around £153,958 based on approximately 2 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £522 per month.

Estimated property value in Low Lane, Middlesbrough, TS5 is £251,624. Average asking price is £153,958 while average price paid is £220,500 which is up by £7,246 and Avg. asking rent £522.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 Low Lane, Middlesbrough, TS5 area. In last 1 year alone average price buyer paid is around £220,500 based on approximately 2 sales in Low Lane, Middlesbrough, TS5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £269,000. 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 £224,500 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £234,708 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 £103,000, £110,741 for a 2 bedroom house, £146,749 for a 3 bedroom house, £219,809 for a 4 bedroom house and £246,414 for a 5 bedroom house. For a flat similarly the prices varies from £64,362 for a single bedroom to £89,188 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £134,950. To sum up the asking prices for properties in Low Lane, Middlesbrough, TS5 it comes to around average £68,656 for 1 bedroom property, £101,805 for 2 bedroom, £146,666 for 3 bedroom, £219,809 for 4 bedroom and £246,414 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 £363 for 1 bedroom to £482 for 2 bedrooms, £591 for 3 bedrooms, £497 for 4 bedrooms and £898 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £421. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507 and £342 for 4 bedroom. You should be generally be expecting around average £395 rent per month for single bedroom property, £502 for 2 bedroom, £591 for 3 bedroom, £453 for 4 bedroom and approximately £898 for a 5 bedroom property in Low Lane, Middlesbrough, TS5 area.

Popular Houses in Low Lane, Middlesbrough, TS5

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 Low Lane, Middlesbrough, TS5