Needham Road, Liverpool, L7

Street Guide For Needham Road, Liverpool, L7

 

Needham Road, Liverpool, L7 Map

Estimated Price: £59,697
Average Asking Price: £111,007
Price change in last one year: £3,335
Average Price Paid: £52,409
Average Rent Rates: £929

 

Property Prices Breakdown in Needham Road, Liverpool, L7

Average Price for property in Needham Road, Liverpool, L7 is around £59,697 which varies based on type of property you are interested in and ranges from £46,670 for detached house to around £58,798 for terraced house. Values have been changing and have risen £477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,378 in last 6 months, £3,335 in last 1 year, £4,496 in last 2 years, £3,202 in last 3 years, £2,604 in last 4 years and £2,560 in last 5 years.

Currently average asking price of a property in Needham Road, Liverpool, L7 is around £111,007 based on approximately 3 properties for sale. Same is the case with rental options based on 201 properties up for rent, average asking rent is around £929 per month.

Estimated property value in Needham Road, Liverpool, L7 is £59,697. Average asking price is £111,007 while average price paid is £60,666 which is up by £3,335 and Avg. asking rent £929.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 Needham Road, Liverpool, L7 area. In last 1 year alone average price buyer paid is around £60,666 based on approximately 3 sales in Needham Road, Liverpool, L7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £58,535. 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 £52,409 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £57,934 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 £62,467, £76,657 for a 2 bedroom house, £103,582 for a 3 bedroom house, £149,150 for a 4 bedroom house and £261,250 for a 5 bedroom house. For a flat similarly the prices varies from £67,688 for a single bedroom to £103,039 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,975. To sum up the asking prices for properties in Needham Road, Liverpool, L7 it comes to around average £66,643 for 1 bedroom property, £90,141 for 2 bedroom, £101,246 for 3 bedroom, £149,150 for 4 bedroom and £261,250 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 £337 for 1 bedroom to £514 for 2 bedrooms, £744 for 3 bedrooms, £1,604 for 4 bedrooms and £1,244 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £518, £504 for 3 bedroom and £282 for 4 bedroom. You should be generally be expecting around average £388 rent per month for single bedroom property, £517 for 2 bedroom, £693 for 3 bedroom, £1,571 for 4 bedroom and approximately £1,244 for a 5 bedroom property in Needham Road, Liverpool, L7 area.

Popular Houses in Needham Road, Liverpool, L7

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 Needham Road, Liverpool, L7