Manor Drive, Binbrook, Market Rasen, LN8

Street Guide For Manor Drive, Binbrook, Market Rasen, LN8

 

Manor Drive, Binbrook, Market Rasen, LN8 Map

Estimated Price: £156,434
Average Asking Price: £214,798
Price change in last one year: £6,679
Average Price Paid: £155,500
Average Rent Rates: £516

 

Property Prices Breakdown in Manor Drive, Binbrook, Market Rasen, LN8

Average Price for property in Manor Drive, Binbrook, Market Rasen, LN8 is around £156,434 e.g. average price for detached house is around 156,434. Values have been changing and have risen £449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,080 in last 6 months, £6,679 in last 1 year, £18,553 in last 2 years, £15,472 in last 3 years, £13,913 in last 4 years and £14,395 in last 5 years.

Currently average asking price of a property in Manor Drive, Binbrook, Market Rasen, LN8 is around £214,798 based on approximately 2 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £516 per month.

Estimated property value in Manor Drive, Binbrook, Market Rasen, LN8 is £156,434. Average asking price is £214,798 while average price paid is £155,500 which is up by £6,679 and Avg. asking rent £516.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 Manor Drive, Binbrook, Market Rasen, LN8 area. In last 1 year alone average price buyer paid is around £155,500 based on approximately 2 sales in Manor Drive, Binbrook, Market Rasen, LN8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £155,500. 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 £155,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £154,666 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 £61,962, £133,163 for a 2 bedroom house, £183,043 for a 3 bedroom house, £308,174 for a 4 bedroom house and £444,532 for a 5 bedroom house. For a flat similarly the prices varies from £44,000 for a single bedroom to £109,617 for a 2 bedroom Flat. To sum up the asking prices for properties in Manor Drive, Binbrook, Market Rasen, LN8 it comes to around average £52,981 for 1 bedroom property, £128,882 for 2 bedroom, £183,043 for 3 bedroom, £308,174 for 4 bedroom and £444,532 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 £442 for 1 bedroom to £475 for 2 bedroom and £630 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £311. You should be generally be expecting around average £333 rent per month for single bedroom property, £475 for 2 bedroom and approximately £630 for 3 bedroom property in Manor Drive, Binbrook, Market Rasen, LN8 area.

Popular Houses in Manor Drive, Binbrook, Market Rasen, LN8

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 Manor Drive, Binbrook, Market Rasen, LN8