Red Cat Lane, Burscough, Ormskirk, L40

Street Guide For Red Cat Lane, Burscough, Ormskirk, L40

 

Red Cat Lane, Burscough, Ormskirk, L40 Map

Estimated Price: £225,006
Average Asking Price: £326,063
Price change in last one year: £15,273
Average Price Paid: £227,045
Average Rent Rates: £546

 

Property Prices Breakdown in Red Cat Lane, Burscough, Ormskirk, L40

Average Price for property in Red Cat Lane, Burscough, Ormskirk, L40 is around £225,006 which varies based on type of property you are interested in and ranges from £270,744 for detached house to around £202,634 for semi-detached. Similarly terraced house is around £199,410. Values have been changing and have risen £2,643 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,107 in last 6 months, £15,273 in last 1 year, £21,735 in last 2 years, £18,814 in last 3 years, £12,469 in last 4 years and £11,466 in last 5 years.

Currently average asking price of a property in Red Cat Lane, Burscough, Ormskirk, L40 is around £326,063 based on approximately 2 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £546 per month.

Estimated property value in Red Cat Lane, Burscough, Ormskirk, L40 is £225,006. Average asking price is £326,063 while average price paid is £206,500 which is up by £15,273 and Avg. asking rent £546.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 Red Cat Lane, Burscough, Ormskirk, L40 area. In last 1 year alone average price buyer paid is around £206,500 based on approximately 2 sales in Red Cat Lane, Burscough, Ormskirk, L40 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £175,400. 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 £227,045 for 11 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £227,045 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 £80,000, £160,450 for a 2 bedroom house, £229,678 for a 3 bedroom house, £405,685 for a 4 bedroom house and £513,851 for a 5 bedroom house. For a flat similarly the prices varies from £75,000 for a single bedroom to £116,100 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £219,950. To sum up the asking prices for properties in Red Cat Lane, Burscough, Ormskirk, L40 it comes to around average £77,500 for 1 bedroom property, £150,472 for 2 bedroom, £229,678 for 3 bedroom, £401,557 for 4 bedroom and £513,851 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 £613 for 2 bedroom to £698 for 3 bedroom, £491 for 4 bedroom and £1,651 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £544. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £347 and £1,127 for 4 bedroom. You should be generally be expecting around average £544 rent per month for single bedroom property, £613 for 2 bedroom, £581 for 3 bedroom, £618 for 4 bedroom and approximately £1,651 for a 5 bedroom property in Red Cat Lane, Burscough, Ormskirk, L40 area.

Popular Houses in Red Cat Lane, Burscough, Ormskirk, L40

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 Red Cat Lane, Burscough, Ormskirk, L40