Sheep Hill Lane, New Longton, Preston, PR4

Street Guide For Sheep Hill Lane, New Longton, Preston, PR4

 

Sheep Hill Lane, New Longton, Preston, PR4 Map

Estimated Price: £249,335
Average Asking Price: £276,965
Price change in last one year: £12,565
Average Price Paid: £211,318
Average Rent Rates: £571

 

Property Prices Breakdown in Sheep Hill Lane, New Longton, Preston, PR4

Average Price for property in Sheep Hill Lane, New Longton, Preston, PR4 is around £249,335 which varies based on type of property you are interested in and ranges from £282,497 for detached house to around £216,682 for semi-detached. Similarly terraced house is around £341,194. Values have been changing and have risen £310 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,979 in last 6 months, £12,565 in last 1 year, £20,473 in last 2 years, £18,737 in last 3 years, £16,618 in last 4 years and £7,877 in last 5 years.

Currently average asking price of a property in Sheep Hill Lane, New Longton, Preston, PR4 is around £276,965 based on approximately 3 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £571 per month.

Estimated property value in Sheep Hill Lane, New Longton, Preston, PR4 is £249,335. Average asking price is £276,965 while average price paid is £221,666 which is up by £12,565 and Avg. asking rent £571.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 Sheep Hill Lane, New Longton, Preston, PR4 area. In last 1 year alone average price buyer paid is around £221,666 based on approximately 3 sales in Sheep Hill Lane, New Longton, Preston, PR4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £219,055. 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 £211,318 for 11 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £220,805 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 £221,667, £146,175 for a 2 bedroom house, £209,295 for a 3 bedroom house, £324,904 for a 4 bedroom house and £443,153 for a 5 bedroom house. For a flat similarly the prices varies from £107,590 for a single bedroom to £98,597 for a 2 bedroom Flat. To sum up the asking prices for properties in Sheep Hill Lane, New Longton, Preston, PR4 it comes to around average £150,369 for 1 bedroom property, £139,013 for 2 bedroom, £209,295 for 3 bedroom, £324,904 for 4 bedroom and £443,153 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 £262 for 1 bedroom to £554 for 2 bedrooms, £744 for 3 bedrooms, £713 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £521. You should be generally be expecting around average £411 rent per month for single bedroom property, £546 for 2 bedroom, £744 for 3 bedroom, £713 for 4 bedroom and approximately £897 for a 5 bedroom property in Sheep Hill Lane, New Longton, Preston, PR4 area.

Popular Houses in Sheep Hill Lane, New Longton, Preston, PR4

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 Sheep Hill Lane, New Longton, Preston, PR4