Rectory Lane, New Radnor, Presteigne, LD8

Street Guide For Rectory Lane, New Radnor, Presteigne, LD8

 

Rectory Lane, New Radnor, Presteigne, LD8 Map

Estimated Price: £239,369
Average Asking Price: £311,115
Price change in last one year: £16,054
Average Price Paid: £215,500
Average Rent Rates: £600

 

Property Prices Breakdown in Rectory Lane, New Radnor, Presteigne, LD8

Average Price for property in Rectory Lane, New Radnor, Presteigne, LD8 is around £239,369 which varies based on type of property you are interested in and ranges from £251,521 for detached house to around £215,063 for semi-detached. Values have been changing and have risen £715 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,647 in last 6 months, £16,054 in last 1 year, £25,807 in last 2 years, £13,810 in last 3 years, £2,964 in last 4 years and £12,923 in last 5 years.

Currently average asking price of a property in Rectory Lane, New Radnor, Presteigne, LD8 is around £311,115 based on approximately 2 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £600 per month.

Estimated property value in Rectory Lane, New Radnor, Presteigne, LD8 is £239,369. Average asking price is £311,115 while average price paid is £215,500 which is up by £16,054 and Avg. asking rent £600.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, New Radnor, Presteigne, LD8 area. In last 1 year alone average price buyer paid is around £215,500 based on approximately 2 sales in Rectory Lane, New Radnor, Presteigne, LD8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £215,500. 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 £215,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £218,666 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 £166,686, £254,059 for a 3 bedroom house, £362,630 for a 4 bedroom house and £430,000 for a 5 bedroom house. To sum up the asking prices for properties in Rectory Lane, New Radnor, Presteigne, LD8 it comes to around average £166,686 for 2 bedroom property, £254,059 for 3 bedroom, £362,630 for 4 bedroom and £430,000 for 5 bedroom.

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 is £425 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £420. You should be generally be expecting around average £386 rent per month for single bedroom property and approximately £420 for 2 bedroom property in Rectory Lane, New Radnor, Presteigne, LD8 area.

Popular Houses in Rectory Lane, New Radnor, Presteigne, LD8

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, New Radnor, Presteigne, LD8