Rainbow Avenue, Sheffield, S12

Street Guide For Rainbow Avenue, Sheffield, S12

 

Rainbow Avenue, Sheffield, S12 Map

Estimated Price: £97,129
Average Asking Price: £165,254
Price change in last one year: £3,752
Average Price Paid: £87,196
Average Rent Rates: £500

 

Property Prices Breakdown in Rainbow Avenue, Sheffield, S12

Average Price for property in Rainbow Avenue, Sheffield, S12 is around £97,129 which varies based on type of property you are interested in and ranges from £97,522 for semi-detached to around £84,146 for terraced house. Values have been changing and have risen £198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £470 in last 6 months, £3,752 in last 1 year, £6,970 in last 2 years, £8,369 in last 3 years, £6,437 in last 4 years and £6,541 in last 5 years.

Currently average asking price of a property in Rainbow Avenue, Sheffield, S12 is around £165,254 based on approximately 3 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £500 per month.

Estimated property value in Rainbow Avenue, Sheffield, S12 is £97,129. Average asking price is £165,254 while average price paid is £91,666 which is up by £3,752 and Avg. asking rent £500.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 Rainbow Avenue, Sheffield, S12 area. In last 1 year alone average price buyer paid is around £91,666 based on approximately 3 sales in Rainbow Avenue, Sheffield, S12 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £85,428. 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 £87,196 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £89,447 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 £114,815, £137,317 for a 3 bedroom house, £296,425 for a 4 bedroom house and £355,590 for a 5 bedroom house. For a flat similarly the prices varies from £71,962 for a single bedroom to £84,494 for a 2 bedroom Flat. To sum up the asking prices for properties in Rainbow Avenue, Sheffield, S12 it comes to around average £71,962 for 1 bedroom property, £107,681 for 2 bedroom, £137,317 for 3 bedroom, £296,425 for 4 bedroom and £355,590 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 £528 for 2 bedroom to £546 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £415. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451. You should be generally be expecting around average £415 rent per month for single bedroom property, £489 for 2 bedroom and approximately £546 for 3 bedroom property in Rainbow Avenue, Sheffield, S12 area.

Popular Houses in Rainbow Avenue, Sheffield, S12

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 Rainbow Avenue, Sheffield, S12