Mill Lane, Southport, PR9

Street Guide For Mill Lane, Southport, PR9

 

Mill Lane, Southport, PR9 Map

Estimated Price: £233,162
Average Asking Price: £190,847
Price change in last one year: £11,449
Average Price Paid: £195,560
Average Rent Rates: £742

 

Property Prices Breakdown in Mill Lane, Southport, PR9

Average Price for property in Mill Lane, Southport, PR9 is around £233,162 which varies based on type of property you are interested in and ranges from £262,241 for detached house to around £232,622 for semi-detached. Similarly terraced house is around £124,402. Values have been changing and have risen £643 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,575 in last 6 months, £11,449 in last 1 year, £15,334 in last 2 years, £17,229 in last 3 years, £13,101 in last 4 years and £3,793 in last 5 years.

Currently average asking price of a property in Mill Lane, Southport, PR9 is around £190,847 based on approximately 5 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £742 per month.

Estimated property value in Mill Lane, Southport, PR9 is £233,162. Average asking price is £190,847 while average price paid is £187,690 which is up by £11,449 and Avg. asking rent £742.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 Mill Lane, Southport, PR9 area. In last 1 year alone average price buyer paid is around £187,690 based on approximately 5 sales in Mill Lane, Southport, PR9 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £194,806. 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 £195,560 for 15 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £195,560 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 £85,667, £141,619 for a 2 bedroom house, £177,740 for a 3 bedroom house, £288,030 for a 4 bedroom house and £379,981 for a 5 bedroom house. For a flat similarly the prices varies from £84,616 for a single bedroom to £131,518 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £274,754. To sum up the asking prices for properties in Mill Lane, Southport, PR9 it comes to around average £84,695 for 1 bedroom property, £135,243 for 2 bedroom, £187,911 for 3 bedroom, £288,030 for 4 bedroom and £379,981 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 £658 for 2 bedroom to £927 for 3 bedroom and £802 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £450. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £565 and £650 for 3 bedroom. You should be generally be expecting around average £450 rent per month for single bedroom property, £586 for 2 bedroom, £871 for 3 bedroom and approximately £802 for 4 bedroom property in Mill Lane, Southport, PR9 area.

Popular Houses in Mill Lane, Southport, PR9

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 Mill Lane, Southport, PR9