Orchard Way, Mablethorpe, LN12

Street Guide For Orchard Way, Mablethorpe, LN12

 

Orchard Way, Mablethorpe, LN12 Map

Estimated Price: £141,868
Average Asking Price: £163,888
Price change in last one year: £9,973
Average Price Paid: £107,500
Average Rent Rates: £394

 

Property Prices Breakdown in Orchard Way, Mablethorpe, LN12

Average Price for property in Orchard Way, Mablethorpe, LN12 is around £141,868 e.g. average price for detached house is around 141,868. Values have been changing and have risen £1,455 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,732 in last 6 months, £9,973 in last 1 year, £17,950 in last 2 years, £16,188 in last 3 years, £12,421 in last 4 years and £13,799 in last 5 years.

Currently average asking price of a property in Orchard Way, Mablethorpe, LN12 is around £163,888 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £394 per month.

Estimated property value in Orchard Way, Mablethorpe, LN12 is £141,868. Average asking price is £163,888 while average price paid is £107,500 which is up by £9,973 and Avg. asking rent £394.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 Way, Mablethorpe, LN12 area. In last 1 year alone average price buyer paid is around £107,500 based on approximately 1 sales in Orchard Way, Mablethorpe, LN12 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £107,500. 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 £107,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £107,500 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 £42,667, £113,341 for a 2 bedroom house, £174,391 for a 3 bedroom house, £212,358 for a 4 bedroom house and £247,499 for a 5 bedroom house. For a flat similarly the prices varies from £41,650 for a single bedroom to £75,480 for a 2 bedroom Flat. To sum up the asking prices for properties in Orchard Way, Mablethorpe, LN12 it comes to around average £42,158 for 1 bedroom property, £108,225 for 2 bedroom, £174,391 for 3 bedroom, £212,358 for 4 bedroom and £247,499 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 £351 for 1 bedroom to £425 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £351 rent per month for single bedroom property and approximately £438 for 2 bedroom property in Orchard Way, Mablethorpe, LN12 area.

Popular Houses in Orchard Way, Mablethorpe, LN12

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 Way, Mablethorpe, LN12