Sleaford

Area Guide For Sleaford

Sleaford is a business town and common area in the North Kesteven region of Lincolnshire, a non-metropolitan province in the East Midlands of England. It is on the edge of the rich Fenlands, pretty nearly 11 miles north-east from Grantham, 16 miles west from Boston, and 17 miles south from the city and area town of Lincoln. With an expected inhabitant populace of 17,671 at the time of the 2011 statistics, the town is the biggest single settlement in North Kesteven, and makes up approximately 15% of its aggregate populace. Skirted by the A17 and the A15, Sleaford's street transport connections associate it specifically with Lincoln, Newark, Peterborough and King's Lynn; its line station lies on the Nottingham to Skegness (by means of Grantham) and Peterborough to Lincoln lines.

 
 

Sleaford Map

Estimated Price: £167,276
Average Asking Price: £228,311
Price change in last one year: £12,431
Average Price Paid: £155,689
Average Rent Rates: £578

 
 

Property Prices Breakdown in Sleaford

Average Price for property in Sleaford is around £167,276 which varies based on type of property you are interested in and ranges from £209,206 for detached house to around £130,233 for semi-detached. Similarly terraced house is around £113,691 and a flat is worth £92,992. Values have been changing and have risen £784 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,099 in last 6 months, £12,431 in last 1 year, £15,134 in last 2 years, £17,771 in last 3 years, £19,361 in last 4 years and £10,905 in last 5 years.

Currently average asking price of a property in Sleaford is around £228,311 based on approximately 676 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £578 per month.

Estimated property value in Sleaford is £167,276. Average asking price is £228,311 while average price paid is £162,663 which is up by £12,431 and Avg. asking rent £578.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 Sleaford area. In last 1 year alone average price buyer paid is around £162,663 based on approximately 676 sales in Sleaford area alone. If you compare it to last 3 years sales of 1,891 properties where buyers paid around £156,686. 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 £155,689 for 2,985 and average amount paid for purchase of approx. 4,019 properties sold in last 7 years comes to about £156,901 per sale.

 
 

Properties For Sale in Sleaford

 
 

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 £86,967, £112,518 for a 2 bedroom house, £189,952 for a 3 bedroom house, £284,437 for a 4 bedroom house and £389,144 for a 5 bedroom house. For a flat similarly the prices varies from £77,270 for a single bedroom to £108,364 for a 2 bedroom Flat. To sum up the asking prices for properties in Sleaford it comes to around average £79,508 for 1 bedroom property, £111,857 for 2 bedroom, £189,952 for 3 bedroom, £284,437 for 4 bedroom and £389,144 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 £399 for 1 bedroom to £466 for 2 bedrooms, £564 for 3 bedrooms, £729 for 4 bedrooms and £1,101 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £458. You should be generally be expecting around average £415 rent per month for single bedroom property, £464 for 2 bedroom, £564 for 3 bedroom, £728 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Sleaford area.

Popular Houses in Sleaford

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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