North Lane, Portslade, Brighton, BN41

Street Guide For North Lane, Portslade, Brighton, BN41

 

North Lane, Portslade, Brighton, BN41 Map

Estimated Price: £240,766
Average Asking Price: £325,374
Price change in last one year: £15,348
Average Price Paid: £205,555
Average Rent Rates: £918

 

Property Prices Breakdown in North Lane, Portslade, Brighton, BN41

Average Price for property in North Lane, Portslade, Brighton, BN41 is around £240,766 which varies based on type of property you are interested in and ranges from £241,602 for detached house to around £237,704 for semi-detached. Similarly terraced house is around £249,375 and a flat is worth £251,921. Values have been changing and have risen £647 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,557 in last 6 months, £15,348 in last 1 year, £31,496 in last 2 years, £39,132 in last 3 years, £39,209 in last 4 years and £38,411 in last 5 years.

Currently average asking price of a property in North Lane, Portslade, Brighton, BN41 is around £325,374 based on approximately 6 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £918 per month.

Estimated property value in North Lane, Portslade, Brighton, BN41 is £240,766. Average asking price is £325,374 while average price paid is £221,416 which is up by £15,348 and Avg. asking rent £918.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 North Lane, Portslade, Brighton, BN41 area. In last 1 year alone average price buyer paid is around £221,416 based on approximately 6 sales in North Lane, Portslade, Brighton, BN41 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £210,733. 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 £205,555 for 27 and average amount paid for purchase of approx. 38 properties sold in last 7 years comes to about £197,690 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 2 bedroom is around £280,483, £317,284 for a 3 bedroom house and £384,740 for a 4 bedroom house. For a flat similarly the prices varies from £183,112 for a single bedroom to £199,531 for a 2 bedroom Flat. To sum up the asking prices for properties in North Lane, Portslade, Brighton, BN41 it comes to around average £183,112 for 1 bedroom property, £235,960 for 2 bedroom, £317,284 for 3 bedroom and £384,740 for 4 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 £1,049 for 2 bedroom to £1,249 for 3 bedroom and £1,400 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £776 and £1,200 for 3 bedroom. You should be generally be expecting around average £693 rent per month for single bedroom property, £912 for 2 bedroom, £1,241 for 3 bedroom and approximately £1,400 for 4 bedroom property in North Lane, Portslade, Brighton, BN41 area.

Popular Houses in North Lane, Portslade, Brighton, BN41

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 North Lane, Portslade, Brighton, BN41