Rake Lane, Chorlton-by-Backford, Chester, CH2

Street Guide For Rake Lane, Chorlton-by-Backford, Chester, CH2

 

Rake Lane, Chorlton-by-Backford, Chester, CH2 Map

Estimated Price: £564,511
Average Asking Price: £225,082
Price change in last one year: £36,325
Average Price Paid: £218,000
Average Rent Rates: £654

 

Property Prices Breakdown in Rake Lane, Chorlton-by-Backford, Chester, CH2

Average Price for property in Rake Lane, Chorlton-by-Backford, Chester, CH2 is around £564,511 which varies based on type of property you are interested in and ranges from £790,378 for detached house to around £286,201 for semi-detached. Similarly terraced house is around £217,663. Values have been changing and have risen £4,771 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,979 in last 6 months, £36,325 in last 1 year, £56,694 in last 2 years, £60,563 in last 3 years, £49,895 in last 4 years and £48,015 in last 5 years.

Currently average asking price of a property in Rake Lane, Chorlton-by-Backford, Chester, CH2 is around £225,082 based on approximately 0 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £654 per month.

Estimated property value in Rake Lane, Chorlton-by-Backford, Chester, CH2 is £564,511. Average asking price is £225,082 while average price paid is £218,000 which is up by £48,015 and Avg. asking rent £654.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 Rake Lane, Chorlton-by-Backford, Chester, CH2 area. In last 5 years alone average price buyer paid is around £218,000 based on approximately 1 sales in Rake Lane, Chorlton-by-Backford, Chester, CH2 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £209,000.

 
 

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 £149,828, £162,452 for a 2 bedroom house, £192,377 for a 3 bedroom house, £295,234 for a 4 bedroom house and £472,083 for a 5 bedroom house. For a flat similarly the prices varies from £95,700 for a single bedroom to £143,990 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £157,500. To sum up the asking prices for properties in Rake Lane, Chorlton-by-Backford, Chester, CH2 it comes to around average £135,584 for 1 bedroom property, £153,905 for 2 bedroom, £191,269 for 3 bedroom, £295,234 for 4 bedroom and £472,083 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 £347 for 1 bedroom to £571 for 2 bedrooms, £809 for 3 bedrooms, £896 for 4 bedrooms and £1,424 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £553. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £562 and £451 for 3 bedroom. You should be generally be expecting around average £433 rent per month for single bedroom property, £566 for 2 bedroom, £776 for 3 bedroom, £896 for 4 bedroom and approximately £1,424 for a 5 bedroom property in Rake Lane, Chorlton-by-Backford, Chester, CH2 area.

Popular Houses in Rake Lane, Chorlton-by-Backford, Chester, CH2

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 Rake Lane, Chorlton-by-Backford, Chester, CH2