Scorhill Lane, Swindon, SN1

Street Guide For Scorhill Lane, Swindon, SN1

 
 

Scorhill Lane, Swindon, SN1 Map

Estimated Price: £224,368
Average Asking Price: £182,954
Price change in last one year: £9,618
Average Price Paid: £215,490
Average Rent Rates: £819

Swindon Homes Direct
29 Commercial Road, Swindon, Wiltshire, SN1 1NS

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Property Prices Breakdown in Scorhill Lane, Swindon, SN1

Average Price for property in Scorhill Lane, Swindon, SN1 is around £224,368 which varies based on type of property you are interested in and ranges from £285,816 for detached house to around £223,066 for semi-detached. Similarly terraced house is around £203,857 and a flat is worth £146,467. Values have been changing and have risen £581 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,441 in last 6 months, £9,618 in last 1 year, £21,761 in last 2 years, £25,623 in last 3 years, £22,586 in last 4 years and £18,235 in last 5 years.

Currently average asking price of a property in Scorhill Lane, Swindon, SN1 is around £182,954 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £819 per month.

Estimated property value in Scorhill Lane, Swindon, SN1 is £224,368. Average asking price is £182,954 while average price paid is £320,000 which is up by £9,618 and Avg. asking rent £819.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 Scorhill Lane, Swindon, SN1 area. In last 1 year alone average price buyer paid is around £320,000 based on approximately 1 sales in Scorhill Lane, Swindon, SN1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £259,650. 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 £215,490 for 11 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £215,490 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 £142,145, £201,126 for a 3 bedroom house, £338,834 for a 4 bedroom house and £550,000 for a 5 bedroom house. For a flat similarly the prices varies from £92,053 for a single bedroom to £118,047 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £255,000. To sum up the asking prices for properties in Scorhill Lane, Swindon, SN1 it comes to around average £92,053 for 1 bedroom property, £127,491 for 2 bedroom, £205,068 for 3 bedroom, £338,834 for 4 bedroom and £550,000 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 £517 for 1 bedroom to £667 for 2 bedrooms, £857 for 3 bedrooms, £923 for 4 bedrooms and £1,200 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £536. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £732 and £1,400 for 3 bedroom. You should be generally be expecting around average £533 rent per month for single bedroom property, £704 for 2 bedroom, £935 for 3 bedroom, £923 for 4 bedroom and approximately £1,200 for a 5 bedroom property in Scorhill Lane, Swindon, SN1 area.

Popular Houses in Scorhill Lane, Swindon, SN1

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 Scorhill Lane, Swindon, SN1