Rectory Lane, Addlethorpe, Skegness, PE24

Street Guide For Rectory Lane, Addlethorpe, Skegness, PE24

 

Rectory Lane, Addlethorpe, Skegness, PE24 Map

Estimated Price: £155,662
Average Asking Price: £182,149
Price change in last one year: £9,074
Average Price Paid: £145,333
Average Rent Rates: £565

 

Property Prices Breakdown in Rectory Lane, Addlethorpe, Skegness, PE24

Average Price for property in Rectory Lane, Addlethorpe, Skegness, PE24 is around £155,662 e.g. average price for detached house is around 155,662. Values have been changing and have risen £469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,192 in last 6 months, £9,074 in last 1 year, £17,230 in last 2 years, £17,925 in last 3 years, £17,242 in last 4 years and £13,698 in last 5 years.

Currently average asking price of a property in Rectory Lane, Addlethorpe, Skegness, PE24 is around £182,149 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £565 per month.

Estimated property value in Rectory Lane, Addlethorpe, Skegness, PE24 is £155,662. Average asking price is £182,149 while average price paid is £130,500 which is up by £9,074 and Avg. asking rent £565.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 Rectory Lane, Addlethorpe, Skegness, PE24 area. In last 1 year alone average price buyer paid is around £130,500 based on approximately 2 sales in Rectory Lane, Addlethorpe, Skegness, PE24 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £130,500. 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 £145,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £139,515 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 £43,667, £122,457 for a 2 bedroom house, £178,250 for a 3 bedroom house, £242,167 for a 4 bedroom house and £303,662 for a 5 bedroom house. For a flat similarly the prices varies from £58,488 for a single bedroom to £62,475 for a 2 bedroom Flat. To sum up the asking prices for properties in Rectory Lane, Addlethorpe, Skegness, PE24 it comes to around average £52,136 for 1 bedroom property, £120,389 for 2 bedroom, £178,250 for 3 bedroom, £242,167 for 4 bedroom and £303,662 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 £451 for 1 bedroom to £587 for 2 bedroom and £598 for 3 bedroom. But if you are interested in renting a 4 bedroom flat then rent per month can be around £559. You should be generally be expecting around average £451 rent per month for single bedroom property, £587 for 2 bedroom, £598 for 3 bedroom and approximately £559 for 4 bedroom property in Rectory Lane, Addlethorpe, Skegness, PE24 area.

Popular Houses in Rectory Lane, Addlethorpe, Skegness, PE24

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 Rectory Lane, Addlethorpe, Skegness, PE24