School Lane, Melling, Liverpool, L31

Street Guide For School Lane, Melling, Liverpool, L31

 

School Lane, Melling, Liverpool, L31 Map

Estimated Price: £182,434
Average Asking Price: £221,705
Price change in last one year: £12,127
Average Price Paid: £90,000
Average Rent Rates: £998

 

Property Prices Breakdown in School Lane, Melling, Liverpool, L31

Average Price for property in School Lane, Melling, Liverpool, L31 is around £182,434 which varies based on type of property you are interested in and ranges from £264,704 for semi-detached to around £100,164 for terraced house. Values have been changing and have risen £1,974 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,011 in last 6 months, £12,127 in last 1 year, £19,560 in last 2 years, £16,543 in last 3 years, £13,096 in last 4 years and £11,498 in last 5 years.

Currently average asking price of a property in School Lane, Melling, Liverpool, L31 is around £221,705 based on approximately 0 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £998 per month.

Estimated property value in School Lane, Melling, Liverpool, L31 is £182,434. Average asking price is £221,705 while average price paid is £90,000 which is up by £16,543 and Avg. asking rent £998.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 School Lane, Melling, Liverpool, L31 area. In last 3 years alone average price buyer paid is around £90,000 based on approximately 1 sales in School Lane, Melling, Liverpool, L31 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £90,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £90,000 for 1 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 £83,100, £169,250 for a 2 bedroom house, £174,168 for a 3 bedroom house, £299,710 for a 4 bedroom house and £506,894 for a 5 bedroom house. For a flat similarly the prices varies from £76,633 for a single bedroom to £106,790 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £109,995. To sum up the asking prices for properties in School Lane, Melling, Liverpool, L31 it comes to around average £80,329 for 1 bedroom property, £147,712 for 2 bedroom, £173,569 for 3 bedroom, £299,710 for 4 bedroom and £506,894 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 £674 for 2 bedroom to £700 for 3 bedroom, £849 for 4 bedroom and £1,101 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £576. You should be generally be expecting around average £625 rent per month for 2 bedroom property, £684 for 3 bedroom, £849 for 4 bedroom and approximately £1,100 for 5 bedroom property in School Lane, Melling, Liverpool, L31 area.

Popular Houses in School Lane, Melling, Liverpool, L31

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 School Lane, Melling, Liverpool, L31