River Bank, Spalding, PE11

Street Guide For River Bank, Spalding, PE11

 

River Bank, Spalding, PE11 Map

Estimated Price: £170,530
Average Asking Price: £202,736
Price change in last one year: £11,710
Average Price Paid: £72,000
Average Rent Rates: £725

 

Property Prices Breakdown in River Bank, Spalding, PE11

Average Price for property in River Bank, Spalding, PE11 is around £170,530 which varies based on type of property you are interested in and ranges from £210,171 for detached house to around £141,178 for semi-detached. Similarly terraced house is around £100,032. Values have been changing and have risen £1,041 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,495 in last 6 months, £11,710 in last 1 year, £20,265 in last 2 years, £21,278 in last 3 years, £20,964 in last 4 years and £15,727 in last 5 years.

Currently average asking price of a property in River Bank, Spalding, PE11 is around £202,736 based on approximately 0 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £725 per month.

Estimated property value in River Bank, Spalding, PE11 is £170,530. Average asking price is £202,736 while average price paid is £72,000 which is up by £21,278 and Avg. asking rent £725.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 River Bank, Spalding, PE11 area. In last 3 years alone average price buyer paid is around £72,000 based on approximately 1 sales in River Bank, Spalding, PE11 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £72,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £150,650 for 3 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 £132,014, £176,861 for a 3 bedroom house, £244,879 for a 4 bedroom house and £331,118 for a 5 bedroom house. For a flat similarly the prices varies from £79,372 for a single bedroom to £88,725 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £108,725. To sum up the asking prices for properties in River Bank, Spalding, PE11 it comes to around average £79,372 for 1 bedroom property, £127,987 for 2 bedroom, £175,441 for 3 bedroom, £244,879 for 4 bedroom and £331,118 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 £520 for 1 bedroom to £677 for 2 bedroom, £662 for 3 bedroom and £735 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £464. You should be generally be expecting around average £482 rent per month for single bedroom property, £677 for 2 bedroom, £662 for 3 bedroom and approximately £735 for 4 bedroom property in River Bank, Spalding, PE11 area.

Popular Houses in River Bank, Spalding, PE11

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 River Bank, Spalding, PE11