Scholes Lane, Prestwich, Manchester, M25

Street Guide For Scholes Lane, Prestwich, Manchester, M25

 

Scholes Lane, Prestwich, Manchester, M25 Map

Estimated Price: £289,087
Average Asking Price: £251,533
Price change in last one year: £19,064
Average Price Paid: £244,930
Average Rent Rates: £799

 

Property Prices Breakdown in Scholes Lane, Prestwich, Manchester, M25

Average Price for property in Scholes Lane, Prestwich, Manchester, M25 is around £289,087 which varies based on type of property you are interested in and ranges from £305,415 for detached house to around £234,300 for semi-detached. Similarly terraced house is around £334,417 and a flat is worth £377,091. Values have been changing and have risen £1,294 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,932 in last 6 months, £19,064 in last 1 year, £32,656 in last 2 years, £30,240 in last 3 years, £27,256 in last 4 years and £26,131 in last 5 years.

Currently average asking price of a property in Scholes Lane, Prestwich, Manchester, M25 is around £251,533 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £799 per month.

Estimated property value in Scholes Lane, Prestwich, Manchester, M25 is £289,087. Average asking price is £251,533 while average price paid is £149,995 which is up by £19,064 and Avg. asking rent £799.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 Scholes Lane, Prestwich, Manchester, M25 area. In last 1 year alone average price buyer paid is around £149,995 based on approximately 1 sales in Scholes Lane, Prestwich, Manchester, M25 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £159,497. 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 £244,930 for 8 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £252,330 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 £132,972, £186,986 for a 3 bedroom house, £337,838 for a 4 bedroom house and £425,508 for a 5 bedroom house. For a flat similarly the prices varies from £96,894 for a single bedroom to £172,287 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £188,472. To sum up the asking prices for properties in Scholes Lane, Prestwich, Manchester, M25 it comes to around average £96,894 for 1 bedroom property, £151,319 for 2 bedroom, £187,021 for 3 bedroom, £337,838 for 4 bedroom and £425,508 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 £813 for 2 bedroom to £760 for 3 bedroom, £1,444 for 4 bedroom and £882 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £445. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £604. You should be generally be expecting around average £445 rent per month for single bedroom property, £674 for 2 bedroom, £760 for 3 bedroom, £1,444 for 4 bedroom and approximately £882 for a 5 bedroom property in Scholes Lane, Prestwich, Manchester, M25 area.

Popular Houses in Scholes Lane, Prestwich, Manchester, M25

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 Scholes Lane, Prestwich, Manchester, M25