Park Lane, Pontefract, WF8

Street Guide For Park Lane, Pontefract, WF8

 

Park Lane, Pontefract, WF8 Map

Estimated Price: £277,245
Average Asking Price: £269,118
Price change in last one year: £14,707
Average Price Paid: £197,749
Average Rent Rates: £592

 

Property Prices Breakdown in Park Lane, Pontefract, WF8

Average Price for property in Park Lane, Pontefract, WF8 is around £277,245 which varies based on type of property you are interested in and ranges from £358,670 for detached house to around £239,624 for semi-detached. Values have been changing and have risen £485 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £728 in last 6 months, £14,707 in last 1 year, £21,693 in last 2 years, £26,379 in last 3 years, £17,792 in last 4 years and £15,330 in last 5 years.

Currently average asking price of a property in Park Lane, Pontefract, WF8 is around £269,118 based on approximately 1 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £592 per month.

Estimated property value in Park Lane, Pontefract, WF8 is £277,245. Average asking price is £269,118 while average price paid is £186,000 which is up by £14,707 and Avg. asking rent £592.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 Lane, Pontefract, WF8 area. In last 1 year alone average price buyer paid is around £186,000 based on approximately 1 sales in Park Lane, Pontefract, WF8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £192,625. 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 £197,749 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £195,499 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 £96,333, £109,889 for a 2 bedroom house, £152,126 for a 3 bedroom house, £276,718 for a 4 bedroom house and £493,996 for a 5 bedroom house. For a flat similarly the prices varies from £71,212 for a single bedroom to £98,980 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000. To sum up the asking prices for properties in Park Lane, Pontefract, WF8 it comes to around average £81,979 for 1 bedroom property, £107,018 for 2 bedroom, £152,107 for 3 bedroom, £276,718 for 4 bedroom and £493,996 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 £477 for 1 bedroom to £491 for 2 bedrooms, £546 for 3 bedrooms, £772 for 4 bedrooms and £901 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £454 and £449 for 3 bedroom. You should be generally be expecting around average £411 rent per month for single bedroom property, £466 for 2 bedroom, £534 for 3 bedroom, £772 for 4 bedroom and approximately £902 for a 5 bedroom property in Park Lane, Pontefract, WF8 area.

Popular Houses in Park Lane, Pontefract, WF8

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 Lane, Pontefract, WF8