Scholes Lane, Scholes, Rotherham, S61

Street Guide For Scholes Lane, Scholes, Rotherham, S61

 

Scholes Lane, Scholes, Rotherham, S61 Map

Estimated Price: £276,871
Average Asking Price: £131,724
Price change in last one year: £11,165
Average Price Paid: £288,000
Average Rent Rates: £428

 

Property Prices Breakdown in Scholes Lane, Scholes, Rotherham, S61

Average Price for property in Scholes Lane, Scholes, Rotherham, S61 is around £276,871 which varies based on type of property you are interested in and ranges from £316,973 for detached house to around £250,138 for semi-detached. Values have been changing and have risen £1,523 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £927 in last 6 months, £11,165 in last 1 year, £19,820 in last 2 years, £23,633 in last 3 years, £12,454 in last 4 years and £15,588 in last 5 years.

Currently average asking price of a property in Scholes Lane, Scholes, Rotherham, S61 is around £131,724 based on approximately 3 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £428 per month.

Estimated property value in Scholes Lane, Scholes, Rotherham, S61 is £276,871. Average asking price is £131,724 while average price paid is £273,333 which is up by £11,165 and Avg. asking rent £428.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, Scholes, Rotherham, S61 area. In last 1 year alone average price buyer paid is around £273,333 based on approximately 3 sales in Scholes Lane, Scholes, Rotherham, S61 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £288,000. 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 £288,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £275,833 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 £97,497, £116,634 for a 3 bedroom house, £210,288 for a 4 bedroom house and £357,325 for a 5 bedroom house. For a flat similarly the prices varies from £153,100 for a single bedroom to £71,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Scholes Lane, Scholes, Rotherham, S61 it comes to around average £153,100 for 1 bedroom property, £95,553 for 2 bedroom, £116,634 for 3 bedroom, £210,288 for 4 bedroom and £357,325 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 £260 for 1 bedroom to £428 for 2 bedroom and £492 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £411. You should be generally be expecting around average £382 rent per month for single bedroom property, £422 for 2 bedroom and approximately £492 for 3 bedroom property in Scholes Lane, Scholes, Rotherham, S61 area.

Popular Houses in Scholes Lane, Scholes, Rotherham, S61

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, Scholes, Rotherham, S61