Salmonby Road, Tetford, Horncastle, LN9

Street Guide For Salmonby Road, Tetford, Horncastle, LN9

 

Salmonby Road, Tetford, Horncastle, LN9 Map

Estimated Price: £260,019
Average Asking Price: £255,823
Price change in last one year: £11,545
Average Price Paid: £224,200
Average Rent Rates: £379

 

Property Prices Breakdown in Salmonby Road, Tetford, Horncastle, LN9

Average Price for property in Salmonby Road, Tetford, Horncastle, LN9 is around £260,019 e.g. average price for detached house is around 260,019. Values have been changing and have risen £670 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,570 in last 6 months, £11,545 in last 1 year, £27,407 in last 2 years, £21,631 in last 3 years, £19,894 in last 4 years and £20,753 in last 5 years.

Currently average asking price of a property in Salmonby Road, Tetford, Horncastle, LN9 is around £255,823 based on approximately 1 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £379 per month.

Estimated property value in Salmonby Road, Tetford, Horncastle, LN9 is £260,019. Average asking price is £255,823 while average price paid is £220,000 which is up by £11,545 and Avg. asking rent £379.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 Salmonby Road, Tetford, Horncastle, LN9 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in Salmonby Road, Tetford, Horncastle, LN9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £225,000. 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 £224,200 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £235,666 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 £139,264, £212,778 for a 3 bedroom house, £303,489 for a 4 bedroom house and £306,000 for a 5 bedroom house. For a flat the prices of 2 bedroom is £70,000. To sum up the asking prices for properties in Salmonby Road, Tetford, Horncastle, LN9 it comes to around average £123,872 for 2 bedroom property, £212,778 for 3 bedroom, £303,489 for 4 bedroom and £306,000 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 can vary from £399 for 1 bedroom to £533 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £336. You should be generally be expecting around average £348 rent per month for single bedroom property and approximately £533 for 2 bedroom property in Salmonby Road, Tetford, Horncastle, LN9 area.

Popular Houses in Salmonby Road, Tetford, Horncastle, LN9

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 Salmonby Road, Tetford, Horncastle, LN9