Manse Lane, Stromness, KW16

Street Guide For Manse Lane, Stromness, KW16

 

Manse Lane, Stromness, KW16 Map

Estimated Price: £116,382
Average Asking Price: £143,433
Price change in last one year: £3,639
Average Price Paid: £105,750
Average Rent Rates: £598

 

Property Prices Breakdown in Manse Lane, Stromness, KW16

Average Price for property in Manse Lane, Stromness, KW16 is around £116,382 e.g. average price for terraced house is around 116,382. Values have been changing and have risen £545 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £607 in last 6 months, £3,639 in last 1 year, £9,538 in last 2 years, £11,401 in last 3 years, £2,921 in last 4 years and £5,029 in last 5 years.

Currently average asking price of a property in Manse Lane, Stromness, KW16 is around £143,433 based on approximately 1 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £598 per month.

Estimated property value in Manse Lane, Stromness, KW16 is £116,382. Average asking price is £143,433 while average price paid is £107,000 which is up by £3,639 and Avg. asking rent £598.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 Manse Lane, Stromness, KW16 area. In last 1 year alone average price buyer paid is around £107,000 based on approximately 1 sales in Manse Lane, Stromness, KW16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £107,000. 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 £105,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £105,750 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 £76,667, £140,000 for a 3 bedroom house, £178,000 for a 4 bedroom house and £247,750 for a 5 bedroom house. For a flat similarly the prices varies from £39,000 for a single bedroom to £60,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £98,000. To sum up the asking prices for properties in Manse Lane, Stromness, KW16 it comes to around average £67,250 for 1 bedroom property, £60,000 for 2 bedroom, £135,800 for 3 bedroom, £178,000 for 4 bedroom and £247,750 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 is £598 for 4 bedroom. You should be generally be expecting around average £598 rent per month for 4 bedroom property in Manse Lane, Stromness, KW16 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 Manse Lane, Stromness, KW16