Sandy Lane, Scalford, Melton Mowbray, LE14

Street Guide For Sandy Lane, Scalford, Melton Mowbray, LE14

 

Sandy Lane, Scalford, Melton Mowbray, LE14 Map

Estimated Price: £242,560
Average Asking Price: £496,502
Price change in last one year: £16,445
Average Price Paid: £335,250
Average Rent Rates: £3,596

 

Property Prices Breakdown in Sandy Lane, Scalford, Melton Mowbray, LE14

Average Price for property in Sandy Lane, Scalford, Melton Mowbray, LE14 is around £242,560 which varies based on type of property you are interested in and ranges from £332,225 for detached house to around £186,521 for semi-detached. Values have been changing and have risen £1,799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,574 in last 6 months, £16,445 in last 1 year, £22,684 in last 2 years, £27,497 in last 3 years, £26,109 in last 4 years and £23,285 in last 5 years.

Currently average asking price of a property in Sandy Lane, Scalford, Melton Mowbray, LE14 is around £496,502 based on approximately 0 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £3,596 per month.

Estimated property value in Sandy Lane, Scalford, Melton Mowbray, LE14 is £242,560. Average asking price is £496,502 while average price paid is £335,250 which is up by £23,285 and Avg. asking rent £3,596.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 Sandy Lane, Scalford, Melton Mowbray, LE14 area. In last 5 years alone average price buyer paid is around £335,250 based on approximately 2 sales in Sandy Lane, Scalford, Melton Mowbray, LE14 area alone. If you compare it to last 7 years sales of 5 properties where buyers paid around £261,300.

 
 

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 £180,000, £143,582 for a 2 bedroom house, £259,079 for a 3 bedroom house, £422,690 for a 4 bedroom house and £562,245 for a 5 bedroom house. For a flat the prices of 2 bedroom is £109,975. To sum up the asking prices for properties in Sandy Lane, Scalford, Melton Mowbray, LE14 it comes to around average £180,000 for 1 bedroom property, £140,527 for 2 bedroom, £259,079 for 3 bedroom, £422,690 for 4 bedroom and £562,245 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 £505 for 1 bedroom to £545 for 2 bedrooms, £681 for 3 bedrooms, £949 for 4 bedrooms and £1,735 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £573. You should be generally be expecting around average £539 rent per month for single bedroom property, £544 for 2 bedroom, £681 for 3 bedroom, £949 for 4 bedroom and approximately £1,735 for a 5 bedroom property in Sandy Lane, Scalford, Melton Mowbray, LE14 area.

Popular Houses in Sandy Lane, Scalford, Melton Mowbray, LE14

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 Sandy Lane, Scalford, Melton Mowbray, LE14