Middlepenny Place, Langbank, Port Glasgow, PA14

Street Guide For Middlepenny Place, Langbank, Port Glasgow, PA14

 

Middlepenny Place, Langbank, Port Glasgow, PA14 Map

Estimated Price: £238,515
Average Asking Price: £138,455
Price change in last one year: £8,904
Average Price Paid: £194,000
Average Rent Rates: £701

 

Property Prices Breakdown in Middlepenny Place, Langbank, Port Glasgow, PA14

Average Price for property in Middlepenny Place, Langbank, Port Glasgow, PA14 is around £238,515 which varies based on type of property you are interested in and ranges from £222,826 for detached house to around £191,482 for semi-detached. Values have been changing and have risen £1,138 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,166 in last 6 months, £8,904 in last 1 year, £21,367 in last 2 years, £8,653 in last 3 years, £17,100 in last 4 years and £10,165 in last 5 years.

Currently average asking price of a property in Middlepenny Place, Langbank, Port Glasgow, PA14 is around £138,455 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £701 per month.

Estimated property value in Middlepenny Place, Langbank, Port Glasgow, PA14 is £238,515. Average asking price is £138,455 while average price paid is £214,500 which is up by £8,904 and Avg. asking rent £701.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 Middlepenny Place, Langbank, Port Glasgow, PA14 area. In last 1 year alone average price buyer paid is around £214,500 based on approximately 2 sales in Middlepenny Place, Langbank, Port Glasgow, PA14 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £197,800. 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 £194,000 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £192,714 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 £57,000, £102,318 for a 2 bedroom house, £127,571 for a 3 bedroom house, £317,500 for a 4 bedroom house and £443,332 for a 5 bedroom house. For a flat similarly the prices varies from £54,600 for a single bedroom to £67,095 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £111,707. To sum up the asking prices for properties in Middlepenny Place, Langbank, Port Glasgow, PA14 it comes to around average £54,818 for 1 bedroom property, £79,203 for 2 bedroom, £123,300 for 3 bedroom, £317,500 for 4 bedroom and £443,332 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 £637 for 2 bedroom to £1,200 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £620. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £576. You should be generally be expecting around average £627 rent per month for 2 bedroom property, £576 for 3 bedroom and approximately £1,200 for 4 bedroom property in Middlepenny Place, Langbank, Port Glasgow, PA14 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 Middlepenny Place, Langbank, Port Glasgow, PA14