Somercotes Road, Sheffield, S12

Street Guide For Somercotes Road, Sheffield, S12

 

Somercotes Road, Sheffield, S12 Map

Estimated Price: £135,611
Average Asking Price: £165,254
Price change in last one year: £5,236
Average Price Paid: £132,083
Average Rent Rates: £500

 

Property Prices Breakdown in Somercotes Road, Sheffield, S12

Average Price for property in Somercotes Road, Sheffield, S12 is around £135,611 e.g. average price for semi-detached is around 135,611. Values have been changing and have risen £278 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £653 in last 6 months, £5,236 in last 1 year, £9,724 in last 2 years, £11,677 in last 3 years, £8,974 in last 4 years and £9,120 in last 5 years.

Currently average asking price of a property in Somercotes Road, Sheffield, S12 is around £165,254 based on approximately 0 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £500 per month.

Estimated property value in Somercotes Road, Sheffield, S12 is £135,611. Average asking price is £165,254 while average price paid is £132,083 which is up by £11,677 and Avg. asking rent £500.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 Somercotes Road, Sheffield, S12 area. In last 3 years alone average price buyer paid is around £132,083 based on approximately 3 sales in Somercotes Road, Sheffield, S12 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £132,083. 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 £132,040 for 5 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 £114,815, £137,317 for a 3 bedroom house, £296,425 for a 4 bedroom house and £355,590 for a 5 bedroom house. For a flat similarly the prices varies from £71,962 for a single bedroom to £84,494 for a 2 bedroom Flat. To sum up the asking prices for properties in Somercotes Road, Sheffield, S12 it comes to around average £71,962 for 1 bedroom property, £107,681 for 2 bedroom, £137,317 for 3 bedroom, £296,425 for 4 bedroom and £355,590 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 £528 for 2 bedroom to £546 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £415. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451. You should be generally be expecting around average £415 rent per month for single bedroom property, £489 for 2 bedroom and approximately £546 for 3 bedroom property in Somercotes Road, Sheffield, S12 area.

Popular Houses in Somercotes Road, Sheffield, S12

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 Somercotes Road, Sheffield, S12