Narrow Lane, Gresford, Wrexham, LL12

Street Guide For Narrow Lane, Gresford, Wrexham, LL12

 

Narrow Lane, Gresford, Wrexham, LL12 Map

Estimated Price: £252,760
Average Asking Price: £268,006
Price change in last one year: £12,603
Average Price Paid: £159,166
Average Rent Rates: £794

 

Property Prices Breakdown in Narrow Lane, Gresford, Wrexham, LL12

Average Price for property in Narrow Lane, Gresford, Wrexham, LL12 is around £252,760 which varies based on type of property you are interested in and ranges from £365,076 for detached house to around £140,444 for semi-detached. Values have been changing and have risen £804 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,184 in last 6 months, £12,603 in last 1 year, £23,371 in last 2 years, £20,398 in last 3 years, £20,859 in last 4 years and £10,337 in last 5 years.

Currently average asking price of a property in Narrow Lane, Gresford, Wrexham, LL12 is around £268,006 based on approximately 0 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £794 per month.

Estimated property value in Narrow Lane, Gresford, Wrexham, LL12 is £252,760. Average asking price is £268,006 while average price paid is £168,750 which is up by £20,398 and Avg. asking rent £794.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 Narrow Lane, Gresford, Wrexham, LL12 area. In last 3 years alone average price buyer paid is around £168,750 based on approximately 2 sales in Narrow Lane, Gresford, Wrexham, LL12 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £159,166. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £184,083 for 6 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 £101,000, £167,340 for a 2 bedroom house, £190,158 for a 3 bedroom house, £353,871 for a 4 bedroom house and £498,663 for a 5 bedroom house. For a flat similarly the prices varies from £87,500 for a single bedroom to £137,980 for a 2 bedroom Flat. To sum up the asking prices for properties in Narrow Lane, Gresford, Wrexham, LL12 it comes to around average £97,143 for 1 bedroom property, £161,159 for 2 bedroom, £190,158 for 3 bedroom, £353,871 for 4 bedroom and £498,663 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 £598 for 1 bedroom to £641 for 2 bedroom, £654 for 3 bedroom and £1,257 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £647. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £550. You should be generally be expecting around average £598 rent per month for single bedroom property, £644 for 2 bedroom, £637 for 3 bedroom and approximately £1,257 for 4 bedroom property in Narrow Lane, Gresford, Wrexham, LL12 area.

Popular Houses in Narrow Lane, Gresford, Wrexham, LL12

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 Narrow Lane, Gresford, Wrexham, LL12