Orchard Lane, Ledbury, HR8

Street Guide For Orchard Lane, Ledbury, HR8

 

Orchard Lane, Ledbury, HR8 Map

Estimated Price: £178,121
Average Asking Price: £376,465
Price change in last one year: £8,947
Average Price Paid: £171,500
Average Rent Rates: £727

 

Property Prices Breakdown in Orchard Lane, Ledbury, HR8

Average Price for property in Orchard Lane, Ledbury, HR8 is around £178,121 which varies based on type of property you are interested in and ranges from £309,531 for detached house to around £252,531 for terraced house. Similarly flat is around £150,017. Values have been changing and have risen £383 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,530 in last 6 months, £8,947 in last 1 year, £11,891 in last 2 years, £13,947 in last 3 years, £18,292 in last 4 years and £10,648 in last 5 years.

Currently average asking price of a property in Orchard Lane, Ledbury, HR8 is around £376,465 based on approximately 0 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £727 per month.

Estimated property value in Orchard Lane, Ledbury, HR8 is £178,121. Average asking price is £376,465 while average price paid is £192,166 which is up by £13,947 and Avg. asking rent £727.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 Orchard Lane, Ledbury, HR8 area. In last 3 years alone average price buyer paid is around £192,166 based on approximately 6 sales in Orchard Lane, Ledbury, HR8 area alone. If you compare it to last 5 years sales of 11 properties where buyers paid around £171,500. 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 £165,382 for 26 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 £106,650, £198,668 for a 2 bedroom house, £276,569 for a 3 bedroom house, £394,285 for a 4 bedroom house and £822,772 for a 5 bedroom house. For a flat similarly the prices varies from £97,488 for a single bedroom to £207,980 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £212,475. To sum up the asking prices for properties in Orchard Lane, Ledbury, HR8 it comes to around average £101,414 for 1 bedroom property, £200,220 for 2 bedroom, £272,685 for 3 bedroom, £394,285 for 4 bedroom and £822,772 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 £459 for 1 bedroom to £649 for 2 bedrooms, £750 for 3 bedrooms, £1,001 for 4 bedrooms and £1,101 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £693 for 3 bedroom. You should be generally be expecting around average £453 rent per month for single bedroom property, £642 for 2 bedroom, £740 for 3 bedroom, £1,001 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Orchard Lane, Ledbury, HR8 area.

Popular Houses in Orchard Lane, Ledbury, HR8

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 Orchard Lane, Ledbury, HR8