Martin Lane, Rugby, CV22

Street Guide For Martin Lane, Rugby, CV22

 

Martin Lane, Rugby, CV22 Map

Estimated Price: £115,092
Average Asking Price: £280,474
Price change in last one year: £5,031
Average Price Paid: £93,827
Average Rent Rates: £1,447

 

Property Prices Breakdown in Martin Lane, Rugby, CV22

Average Price for property in Martin Lane, Rugby, CV22 is around £115,092 which varies based on type of property you are interested in and ranges from £105,242 for detached house to around £111,075 for terraced house. Similarly flat is around £115,781. Values have been changing and have risen £84 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,309 in last 6 months, £5,031 in last 1 year, £12,700 in last 2 years, £14,823 in last 3 years, £12,839 in last 4 years and £13,382 in last 5 years.

Currently average asking price of a property in Martin Lane, Rugby, CV22 is around £280,474 based on approximately 3 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,447 per month.

Estimated property value in Martin Lane, Rugby, CV22 is £115,092. Average asking price is £280,474 while average price paid is £100,333 which is up by £5,031 and Avg. asking rent £1,447.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 Martin Lane, Rugby, CV22 area. In last 1 year alone average price buyer paid is around £100,333 based on approximately 3 sales in Martin Lane, Rugby, CV22 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £93,827. 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 £93,827 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £93,064 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 2 bedroom is around £211,430, £191,640 for a 3 bedroom house, £358,867 for a 4 bedroom house and £511,658 for a 5 bedroom house. For a flat similarly the prices varies from £87,483 for a single bedroom to £137,585 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £337,500. To sum up the asking prices for properties in Martin Lane, Rugby, CV22 it comes to around average £87,483 for 1 bedroom property, £174,508 for 2 bedroom, £201,050 for 3 bedroom, £358,867 for 4 bedroom and £511,658 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 £646 for 2 bedroom to £637 for 3 bedroom, £923 for 4 bedroom and £897 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £514. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £595. You should be generally be expecting around average £514 rent per month for single bedroom property, £612 for 2 bedroom, £637 for 3 bedroom, £923 for 4 bedroom and approximately £897 for a 5 bedroom property in Martin Lane, Rugby, CV22 area.

Popular Houses in Martin Lane, Rugby, CV22

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 Martin Lane, Rugby, CV22