SK1

Real Estate Area Guide For SK1

 

SK1 Map

Estimated Price: £118,963
Average Asking Price: £146,318
Price change in last one year: £4,944
Average Price Paid: £103,005
Average Rent Rates: £812

 

Property Prices Breakdown in SK1

Average Price for property in SK1 is around £118,963 which varies based on type of property you are interested in and ranges from £212,714 for detached house to around £134,096 for semi-detached. Similarly terraced house is around £111,426 and a flat is worth £101,515. Values have been changing and have risen £363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £431 in last 6 months, £4,944 in last 1 year, £10,095 in last 2 years, £12,450 in last 3 years, £12,492 in last 4 years and £11,286 in last 5 years.

Currently average asking price of a property in SK1 is around £146,318 based on approximately 151 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £812 per month.

Estimated property value in SK1 is £118,963. Average asking price is £146,318 while average price paid is £108,735 which is up by £4,944 and Avg. asking rent £812.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 SK1 area. In last 1 year alone average price buyer paid is around £108,735 based on approximately 151 sales in SK1 area alone. If you compare it to last 3 years sales of 408 properties where buyers paid around £104,088. 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 £103,005 for 602 and average amount paid for purchase of approx. 821 properties sold in last 7 years comes to about £105,930 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 £110,380 and £131,948 for a 3 bedroom house. For a flat similarly the prices varies from £203,225 for a single bedroom to £137,101 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £90,750. To sum up the asking prices for properties in SK1 it comes to around average £203,225 for 1 bedroom property, £123,741 for 2 bedroom and £127,370 for 3 bedroom.

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 £238 for 1 bedroom to £586 for 2 bedroom and £693 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £548. You should be generally be expecting around average £238 rent per month for single bedroom property, £565 for 2 bedroom and approximately £693 for 3 bedroom property in SK1 area.

Popular Houses in SK1

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.

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