Manor Farm Lane, Essendine, Stamford, PE9

Street Guide For Manor Farm Lane, Essendine, Stamford, PE9

 

Manor Farm Lane, Essendine, Stamford, PE9 Map

Estimated Price: £514,797
Average Asking Price: £384,933
Price change in last one year: £34,007
Average Price Paid: £564,375
Average Rent Rates: £1,640

 

Property Prices Breakdown in Manor Farm Lane, Essendine, Stamford, PE9

Average Price for property in Manor Farm Lane, Essendine, Stamford, PE9 is around £514,797 e.g. average price for detached house is around 514,797. Values have been changing and have risen £4,171 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,750 in last 6 months, £34,007 in last 1 year, £63,941 in last 2 years, £65,167 in last 3 years, £73,770 in last 4 years and £62,541 in last 5 years.

Currently average asking price of a property in Manor Farm Lane, Essendine, Stamford, PE9 is around £384,933 based on approximately 2 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £1,640 per month.

Estimated property value in Manor Farm Lane, Essendine, Stamford, PE9 is £514,797. Average asking price is £384,933 while average price paid is £617,500 which is up by £34,007 and Avg. asking rent £1,640.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 Farm Lane, Essendine, Stamford, PE9 area. In last 1 year alone average price buyer paid is around £617,500 based on approximately 2 sales in Manor Farm Lane, Essendine, Stamford, PE9 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £590,000. 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 £564,375 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £564,375 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 £119,972, £168,249 for a 2 bedroom house, £225,027 for a 3 bedroom house, £402,997 for a 4 bedroom house and £591,830 for a 5 bedroom house. For a flat similarly the prices varies from £134,150 for a single bedroom to £191,332 for a 2 bedroom Flat. To sum up the asking prices for properties in Manor Farm Lane, Essendine, Stamford, PE9 it comes to around average £128,479 for 1 bedroom property, £172,578 for 2 bedroom, £225,027 for 3 bedroom, £402,997 for 4 bedroom and £591,830 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 £543 for 1 bedroom to £569 for 2 bedroom, £873 for 3 bedroom and £1,249 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £490. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £911. You should be generally be expecting around average £523 rent per month for single bedroom property, £683 for 2 bedroom, £873 for 3 bedroom and approximately £1,249 for 4 bedroom property in Manor Farm Lane, Essendine, Stamford, PE9 area.

Popular Houses in Manor Farm Lane, Essendine, Stamford, PE9

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 Farm Lane, Essendine, Stamford, PE9