Mill Lane, Welton-Le-Marsh, Spilsby, PE23

Street Guide For Mill Lane, Welton-Le-Marsh, Spilsby, PE23

 

Mill Lane, Welton-Le-Marsh, Spilsby, PE23 Map

Estimated Price: £213,197
Average Asking Price: £242,416
Price change in last one year: £12,803
Average Price Paid: £216,250
Average Rent Rates: £493

 

Property Prices Breakdown in Mill Lane, Welton-Le-Marsh, Spilsby, PE23

Average Price for property in Mill Lane, Welton-Le-Marsh, Spilsby, PE23 is around £213,197 e.g. average price for detached house is around 213,197. Values have been changing and have risen £1,327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,656 in last 6 months, £12,803 in last 1 year, £28,018 in last 2 years, £26,134 in last 3 years, £21,297 in last 4 years and £23,308 in last 5 years.

Currently average asking price of a property in Mill Lane, Welton-Le-Marsh, Spilsby, PE23 is around £242,416 based on approximately 0 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £493 per month.

Estimated property value in Mill Lane, Welton-Le-Marsh, Spilsby, PE23 is £213,197. Average asking price is £242,416 while average price paid is £216,250 which is up by £23,308 and Avg. asking rent £493.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, Welton-Le-Marsh, Spilsby, PE23 area. In last 5 years alone average price buyer paid is around £216,250 based on approximately 2 sales in Mill Lane, Welton-Le-Marsh, Spilsby, PE23 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £177,500.

 
 

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 £136,862, £184,147 for a 3 bedroom house, £340,788 for a 4 bedroom house and £324,077 for a 5 bedroom house. To sum up the asking prices for properties in Mill Lane, Welton-Le-Marsh, Spilsby, PE23 it comes to around average £136,862 for 2 bedroom property, £184,147 for 3 bedroom, £340,788 for 4 bedroom and £324,077 for 5 bedroom.

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 £375 for 2 bedroom to £576 for 3 bedroom and £750 for 5 bedroom. But if you are interested in renting a 4 bedroom flat then rent per month can be around £468. You should be generally be expecting around average £375 rent per month for 2 bedroom property, £576 for 3 bedroom, £468 for 4 bedroom and approximately £750 for 5 bedroom property in Mill Lane, Welton-Le-Marsh, Spilsby, PE23 area.

Popular Houses in Mill Lane, Welton-Le-Marsh, Spilsby, PE23

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, Welton-Le-Marsh, Spilsby, PE23