Promenade, Leven, KY8

Street Guide For Promenade, Leven, KY8

 

Promenade, Leven, KY8 Map

Estimated Price: £251,582
Average Asking Price: £123,825
Price change in last one year: £8,921
Average Price Paid: £173,857
Average Rent Rates: £467

 

Property Prices Breakdown in Promenade, Leven, KY8

Average Price for property in Promenade, Leven, KY8 is around £251,582 which varies based on type of property you are interested in and ranges from £315,329 for detached house to around £215,499 for semi-detached. Values have been changing and have risen £2,873 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,396 in last 6 months, £8,921 in last 1 year, £24,000 in last 2 years, £32,009 in last 3 years, £32,301 in last 4 years and £30,998 in last 5 years.

Currently average asking price of a property in Promenade, Leven, KY8 is around £123,825 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £467 per month.

Estimated property value in Promenade, Leven, KY8 is £251,582. Average asking price is £123,825 while average price paid is £159,250 which is up by £8,921 and Avg. asking rent £467.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 Promenade, Leven, KY8 area. In last 1 year alone average price buyer paid is around £159,250 based on approximately 2 sales in Promenade, Leven, KY8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £169,875. 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 £173,857 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £188,727 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 £67,800, £91,179 for a 2 bedroom house, £141,880 for a 3 bedroom house, £214,643 for a 4 bedroom house and £234,489 for a 5 bedroom house. For a flat similarly the prices varies from £47,815 for a single bedroom to £73,349 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £78,774 and £84,950 for a 4 bedroom flat. To sum up the asking prices for properties in Promenade, Leven, KY8 it comes to around average £52,357 for 1 bedroom property, £81,876 for 2 bedroom, £129,609 for 3 bedroom, £211,401 for 4 bedroom and £234,489 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 £425 for 1 bedroom to £508 for 2 bedroom, £598 for 3 bedroom and £917 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £335. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £417 and £542 for 3 bedroom. You should be generally be expecting around average £345 rent per month for single bedroom property, £439 for 2 bedroom, £574 for 3 bedroom and approximately £917 for 4 bedroom property in Promenade, Leven, KY8 area.

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 Promenade, Leven, KY8