Salford Road, Bolton, BL5

Street Guide For Salford Road, Bolton, BL5

 

Salford Road, Bolton, BL5 Map

Estimated Price: £159,074
Average Asking Price: £187,627
Price change in last one year: £6,657
Average Price Paid: £116,409
Average Rent Rates: £585

 

Property Prices Breakdown in Salford Road, Bolton, BL5

Average Price for property in Salford Road, Bolton, BL5 is around £159,074 which varies based on type of property you are interested in and ranges from £302,771 for detached house to around £141,780 for semi-detached. Similarly terraced house is around £129,622. Values have been changing and have risen £208 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,292 in last 6 months, £6,657 in last 1 year, £10,768 in last 2 years, £14,872 in last 3 years, £9,517 in last 4 years and £8,784 in last 5 years.

Currently average asking price of a property in Salford Road, Bolton, BL5 is around £187,627 based on approximately 2 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £585 per month.

Estimated property value in Salford Road, Bolton, BL5 is £159,074. Average asking price is £187,627 while average price paid is £128,000 which is up by £6,657 and Avg. asking rent £585.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 Salford Road, Bolton, BL5 area. In last 1 year alone average price buyer paid is around £128,000 based on approximately 2 sales in Salford Road, Bolton, BL5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £127,833. 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 £116,409 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £115,458 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 £96,650, £121,561 for a 2 bedroom house, £162,654 for a 3 bedroom house, £245,191 for a 4 bedroom house and £407,929 for a 5 bedroom house. For a flat similarly the prices varies from £75,361 for a single bedroom to £87,181 for a 2 bedroom Flat. To sum up the asking prices for properties in Salford Road, Bolton, BL5 it comes to around average £84,485 for 1 bedroom property, £115,681 for 2 bedroom, £162,654 for 3 bedroom, £245,191 for 4 bedroom and £407,929 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 £351 for 1 bedroom to £502 for 2 bedroom, £618 for 3 bedroom and £1,350 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £504 and £524 for 3 bedroom. You should be generally be expecting around average £394 rent per month for single bedroom property, £503 for 2 bedroom, £607 for 3 bedroom and approximately £1,350 for 4 bedroom property in Salford Road, Bolton, BL5 area.

Popular Houses in Salford Road, Bolton, BL5

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 Salford Road, Bolton, BL5