Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12

Street Guide For Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12

 

Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 Map

Estimated Price: £155,586
Average Asking Price: £162,330
Price change in last one year: £11,753
Average Price Paid: £139,595
Average Rent Rates: £394

 

Property Prices Breakdown in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12

Average Price for property in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 is around £155,586 which varies based on type of property you are interested in and ranges from £164,730 for detached house to around £138,120 for semi-detached. Similarly terraced house is around £114,587. Values have been changing and have risen £1,714 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,576 in last 6 months, £11,753 in last 1 year, £21,154 in last 2 years, £19,079 in last 3 years, £14,634 in last 4 years and £16,258 in last 5 years.

Currently average asking price of a property in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 is around £162,330 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £394 per month.

Estimated property value in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 is £155,586. Average asking price is £162,330 while average price paid is £134,750 which is up by £11,753 and Avg. asking rent £394.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 Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 area. In last 1 year alone average price buyer paid is around £134,750 based on approximately 2 sales in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £138,875. 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 £139,595 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £139,793 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 £42,667, £113,341 for a 2 bedroom house, £174,391 for a 3 bedroom house, £212,358 for a 4 bedroom house and £247,499 for a 5 bedroom house. For a flat similarly the prices varies from £41,650 for a single bedroom to £75,480 for a 2 bedroom Flat. To sum up the asking prices for properties in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 it comes to around average £42,158 for 1 bedroom property, £108,225 for 2 bedroom, £174,391 for 3 bedroom, £212,358 for 4 bedroom and £247,499 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 £351 for 1 bedroom to £425 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £351 rent per month for single bedroom property and approximately £438 for 2 bedroom property in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12 area.

Popular Houses in Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12

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 Marine Avenue West, Sutton-on-Sea, Mablethorpe, LN12