Priestlands Lane, Sherborne, DT9

Street Guide For Priestlands Lane, Sherborne, DT9

 

Priestlands Lane, Sherborne, DT9 Map

Estimated Price: £372,133
Average Asking Price: £319,533
Price change in last one year: £29,081
Average Price Paid: £307,396
Average Rent Rates: £1,043

 

Property Prices Breakdown in Priestlands Lane, Sherborne, DT9

Average Price for property in Priestlands Lane, Sherborne, DT9 is around £372,133 which varies based on type of property you are interested in and ranges from £459,552 for detached house to around £432,937 for semi-detached. Similarly terraced house is around £338,701. Values have been changing and have risen £4,904 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,447 in last 6 months, £29,081 in last 1 year, £40,374 in last 2 years, £44,034 in last 3 years, £41,752 in last 4 years and £39,370 in last 5 years.

Currently average asking price of a property in Priestlands Lane, Sherborne, DT9 is around £319,533 based on approximately 6 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,043 per month.

Estimated property value in Priestlands Lane, Sherborne, DT9 is £372,133. Average asking price is £319,533 while average price paid is £397,491 which is up by £29,081 and Avg. asking rent £1,043.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 Priestlands Lane, Sherborne, DT9 area. In last 1 year alone average price buyer paid is around £397,491 based on approximately 6 sales in Priestlands Lane, Sherborne, DT9 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £337,813. 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 £307,396 for 15 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £303,184 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 £156,550, £186,902 for a 2 bedroom house, £274,707 for a 3 bedroom house, £382,000 for a 4 bedroom house and £633,824 for a 5 bedroom house. For a flat similarly the prices varies from £145,988 for a single bedroom to £165,632 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £322,500. To sum up the asking prices for properties in Priestlands Lane, Sherborne, DT9 it comes to around average £153,300 for 1 bedroom property, £179,591 for 2 bedroom, £276,178 for 3 bedroom, £382,000 for 4 bedroom and £633,824 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 £550 for 1 bedroom to £623 for 2 bedrooms, £824 for 3 bedrooms, £1,118 for 4 bedrooms and £2,600 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £496. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £505 rent per month for single bedroom property, £626 for 2 bedroom, £824 for 3 bedroom, £1,118 for 4 bedroom and approximately £2,600 for a 5 bedroom property in Priestlands Lane, Sherborne, DT9 area.

Popular Houses in Priestlands Lane, Sherborne, DT9

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 Priestlands Lane, Sherborne, DT9