Prospect Vale, Heald Green, Cheadle, SK8

Street Guide For Prospect Vale, Heald Green, Cheadle, SK8

 

Prospect Vale, Heald Green, Cheadle, SK8 Map

Estimated Price: £214,938
Average Asking Price: £295,494
Price change in last one year: £10,890
Average Price Paid: £171,666
Average Rent Rates: £1,216

 

Property Prices Breakdown in Prospect Vale, Heald Green, Cheadle, SK8

Average Price for property in Prospect Vale, Heald Green, Cheadle, SK8 is around £214,938 which varies based on type of property you are interested in and ranges from £229,115 for detached house to around £209,266 for semi-detached. Values have been changing and have risen £714 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £672 in last 6 months, £10,890 in last 1 year, £19,299 in last 2 years, £23,583 in last 3 years, £23,239 in last 4 years and £20,934 in last 5 years.

Currently average asking price of a property in Prospect Vale, Heald Green, Cheadle, SK8 is around £295,494 based on approximately 2 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,216 per month.

Estimated property value in Prospect Vale, Heald Green, Cheadle, SK8 is £214,938. Average asking price is £295,494 while average price paid is £174,000 which is up by £10,890 and Avg. asking rent £1,216.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 Prospect Vale, Heald Green, Cheadle, SK8 area. In last 1 year alone average price buyer paid is around £174,000 based on approximately 2 sales in Prospect Vale, Heald Green, Cheadle, SK8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £174,000. 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 £171,666 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £183,750 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 £66,650, £190,945 for a 2 bedroom house, £240,588 for a 3 bedroom house, £364,328 for a 4 bedroom house and £480,013 for a 5 bedroom house. For a flat similarly the prices varies from £106,233 for a single bedroom to £181,846 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £252,500. To sum up the asking prices for properties in Prospect Vale, Heald Green, Cheadle, SK8 it comes to around average £98,317 for 1 bedroom property, £187,305 for 2 bedroom, £240,910 for 3 bedroom, £364,328 for 4 bedroom and £480,013 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 £399 for 1 bedroom to £813 for 3 bedroom, £1,250 for 4 bedroom and £1,525 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £445. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £678 and £793 for 3 bedroom. You should be generally be expecting around average £434 rent per month for single bedroom property, £678 for 2 bedroom, £812 for 3 bedroom, £1,250 for 4 bedroom and approximately £1,525 for a 5 bedroom property in Prospect Vale, Heald Green, Cheadle, SK8 area.

Popular Houses in Prospect Vale, Heald Green, Cheadle, SK8

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 Prospect Vale, Heald Green, Cheadle, SK8