Pink Bank Lane, Longsight, Manchester, M12

Street Guide For Pink Bank Lane, Longsight, Manchester, M12

 

Pink Bank Lane, Longsight, Manchester, M12 Map

Estimated Price: £78,563
Average Asking Price: £111,873
Price change in last one year: £5,406
Average Price Paid: £91,625
Average Rent Rates: £40,543

 

Property Prices Breakdown in Pink Bank Lane, Longsight, Manchester, M12

Average Price for property in Pink Bank Lane, Longsight, Manchester, M12 is around £78,563 which varies based on type of property you are interested in and ranges from £89,936 for detached house to around £123,411 for semi-detached. Similarly terraced house is around £70,103 and a flat is worth £60,105. Values have been changing and have risen £661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,815 in last 6 months, £5,406 in last 1 year, £7,982 in last 2 years, £5,438 in last 3 years, £1,659 in last 4 years and £2,265 in last 5 years.

Currently average asking price of a property in Pink Bank Lane, Longsight, Manchester, M12 is around £111,873 based on approximately 2 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £40,543 per month.

Estimated property value in Pink Bank Lane, Longsight, Manchester, M12 is £78,563. Average asking price is £111,873 while average price paid is £73,000 which is up by £5,406 and Avg. asking rent £40,543.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 Pink Bank Lane, Longsight, Manchester, M12 area. In last 1 year alone average price buyer paid is around £73,000 based on approximately 2 sales in Pink Bank Lane, Longsight, Manchester, M12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £96,300. 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 £91,625 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £81,977 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 £94,234, £125,142 for a 3 bedroom house, £170,980 for a 4 bedroom house and £172,475 for a 5 bedroom house. For a flat similarly the prices varies from £75,612 for a single bedroom to £90,990 for a 2 bedroom Flat. To sum up the asking prices for properties in Pink Bank Lane, Longsight, Manchester, M12 it comes to around average £75,612 for 1 bedroom property, £93,829 for 2 bedroom, £125,142 for 3 bedroom, £170,980 for 4 bedroom and £172,475 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 £631 for 1 bedroom to £576 for 2 bedroom, £626 for 3 bedroom and £594 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594 and £251 for 5 bedroom. You should be generally be expecting around average £540 rent per month for single bedroom property, £585 for 2 bedroom, £626 for 3 bedroom, £594 for 4 bedroom and approximately £251 for a 5 bedroom property in Pink Bank Lane, Longsight, Manchester, M12 area.

Popular Houses in Pink Bank Lane, Longsight, Manchester, M12

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 Pink Bank Lane, Longsight, Manchester, M12