Park Gate, Erskine, PA8

Street Guide For Park Gate, Erskine, PA8

 

Park Gate, Erskine, PA8 Map

Estimated Price: £103,936
Average Asking Price: £125,307
Price change in last one year: £4,032
Average Price Paid: £94,659
Average Rent Rates: £659

 

Property Prices Breakdown in Park Gate, Erskine, PA8

Average Price for property in Park Gate, Erskine, PA8 is around £103,936 which varies based on type of property you are interested in and ranges from £135,327 for semi-detached to around £104,507 for terraced house. Values have been changing and have risen £515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,885 in last 6 months, £4,032 in last 1 year, £9,677 in last 2 years, £3,924 in last 3 years, £7,751 in last 4 years and £4,616 in last 5 years.

Currently average asking price of a property in Park Gate, Erskine, PA8 is around £125,307 based on approximately 2 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £659 per month.

Estimated property value in Park Gate, Erskine, PA8 is £103,936. Average asking price is £125,307 while average price paid is £97,500 which is up by £4,032 and Avg. asking rent £659.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 Park Gate, Erskine, PA8 area. In last 1 year alone average price buyer paid is around £97,500 based on approximately 2 sales in Park Gate, Erskine, PA8 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £84,989. 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 £94,659 for 22 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £94,442 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 £77,498, £92,180 for a 2 bedroom house, £139,353 for a 3 bedroom house and £177,798 for a 4 bedroom house. For a flat the prices of single bedroom is £61,333. To sum up the asking prices for properties in Park Gate, Erskine, PA8 it comes to around average £70,571 for 1 bedroom property, £92,180 for 2 bedroom, £139,353 for 3 bedroom and £177,798 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 £524 for 2 bedroom to £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £450 rent per month for single bedroom property, £524 for 2 bedroom and approximately £1,001 for 4 bedroom property in Park Gate, Erskine, PA8 area.

Popular Houses in Park Gate, Erskine, PA8

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 Park Gate, Erskine, PA8