Lumb Lane, Ashton-under-Lyne, OL7

Street Guide For Lumb Lane, Ashton-under-Lyne, OL7

 

Lumb Lane, Ashton-under-Lyne, OL7 Map

Estimated Price: £316,462
Average Asking Price: £132,417
Price change in last one year: £12,750
Average Price Paid: £184,000
Average Rent Rates: £533

 

Property Prices Breakdown in Lumb Lane, Ashton-under-Lyne, OL7

Average Price for property in Lumb Lane, Ashton-under-Lyne, OL7 is around £316,462 which varies based on type of property you are interested in and ranges from £254,183 for detached house to around £137,284 for semi-detached. Values have been changing and have risen £753 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,753 in last 6 months, £12,750 in last 1 year, £30,356 in last 2 years, £30,611 in last 3 years, £20,958 in last 4 years and £10,829 in last 5 years.

Currently average asking price of a property in Lumb Lane, Ashton-under-Lyne, OL7 is around £132,417 based on approximately 0 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £533 per month.

Estimated property value in Lumb Lane, Ashton-under-Lyne, OL7 is £316,462. Average asking price is £132,417 while average price paid is £184,000 which is up by £10,829 and Avg. asking rent £533.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 Lumb Lane, Ashton-under-Lyne, OL7 area. In last 5 years alone average price buyer paid is around £184,000 based on approximately 2 sales in Lumb Lane, Ashton-under-Lyne, OL7 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £184,000.

 
 

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 £87,865, £139,242 for a 3 bedroom house, £160,817 for a 4 bedroom house and £495,000 for a 5 bedroom house. For a flat similarly the prices varies from £94,000 for a 2 bedroom to £108,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Lumb Lane, Ashton-under-Lyne, OL7 it comes to around average £88,391 for 2 bedroom property, £138,563 for 3 bedroom, £160,817 for 4 bedroom and £495,000 for 5 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 £535 for 2 bedroom to £639 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £494. You should be generally be expecting around average £508 rent per month for 2 bedroom property and approximately £591 for 3 bedroom property in Lumb Lane, Ashton-under-Lyne, OL7 area.

Popular Houses in Lumb Lane, Ashton-under-Lyne, OL7

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 Lumb Lane, Ashton-under-Lyne, OL7