Newlands Lane South, Workington, CA14

Street Guide For Newlands Lane South, Workington, CA14

 

Newlands Lane South, Workington, CA14 Map

Estimated Price: £120,994
Average Asking Price: £137,626
Price change in last one year: £5,627
Average Price Paid: £106,650
Average Rent Rates: £491

 

Property Prices Breakdown in Newlands Lane South, Workington, CA14

Average Price for property in Newlands Lane South, Workington, CA14 is around £120,994 which varies based on type of property you are interested in and ranges from £132,976 for semi-detached to around £97,778 for terraced house. Values have been changing and have risen £628 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £195 in last 6 months, £5,627 in last 1 year, £12,056 in last 2 years, £12,899 in last 3 years, £7,045 in last 4 years and £7,584 in last 5 years.

Currently average asking price of a property in Newlands Lane South, Workington, CA14 is around £137,626 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £491 per month.

Estimated property value in Newlands Lane South, Workington, CA14 is £120,994. Average asking price is £137,626 while average price paid is £103,500 which is up by £5,627 and Avg. asking rent £491.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 Newlands Lane South, Workington, CA14 area. In last 1 year alone average price buyer paid is around £103,500 based on approximately 2 sales in Newlands Lane South, Workington, CA14 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £99,500. 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 £106,650 for 19 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £110,314 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 £70,000, £86,876 for a 2 bedroom house, £134,298 for a 3 bedroom house, £205,760 for a 4 bedroom house and £288,991 for a 5 bedroom house. For a flat similarly the prices varies from £58,362 for a single bedroom to £73,279 for a 2 bedroom Flat. To sum up the asking prices for properties in Newlands Lane South, Workington, CA14 it comes to around average £60,690 for 1 bedroom property, £85,685 for 2 bedroom, £134,298 for 3 bedroom, £205,760 for 4 bedroom and £288,991 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 £451 for 1 bedroom to £411 for 2 bedroom, £511 for 3 bedroom and £481 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £334. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £397 and £418 for 3 bedroom. You should be generally be expecting around average £357 rent per month for single bedroom property, £409 for 2 bedroom, £497 for 3 bedroom and approximately £481 for 4 bedroom property in Newlands Lane South, Workington, CA14 area.

Popular Houses in Newlands Lane South, Workington, CA14

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 Newlands Lane South, Workington, CA14