South Bank Avenue, York, YO23

Street Guide For South Bank Avenue, York, YO23

 

South Bank Avenue, York, YO23 Map

Estimated Price: £247,020
Average Asking Price: £358,925
Price change in last one year: £16,526
Average Price Paid: £204,827
Average Rent Rates: £845

 

Property Prices Breakdown in South Bank Avenue, York, YO23

Average Price for property in South Bank Avenue, York, YO23 is around £247,020 which varies based on type of property you are interested in and ranges from £317,032 for detached house to around £273,292 for semi-detached. Similarly terraced house is around £226,268 and a flat is worth £144,146. Values have been changing and have risen £1,965 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,873 in last 6 months, £16,526 in last 1 year, £31,331 in last 2 years, £28,504 in last 3 years, £24,799 in last 4 years and £25,885 in last 5 years.

Currently average asking price of a property in South Bank Avenue, York, YO23 is around £358,925 based on approximately 4 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £845 per month.

Estimated property value in South Bank Avenue, York, YO23 is £247,020. Average asking price is £358,925 while average price paid is £239,125 which is up by £16,526 and Avg. asking rent £845.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 South Bank Avenue, York, YO23 area. In last 1 year alone average price buyer paid is around £239,125 based on approximately 4 sales in South Bank Avenue, York, YO23 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £218,307. 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 £204,827 for 21 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £199,909 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 £65,000, £212,623 for a 2 bedroom house, £336,158 for a 3 bedroom house, £441,950 for a 4 bedroom house and £636,611 for a 5 bedroom house. For a flat similarly the prices varies from £146,625 for a single bedroom to £179,369 for a 2 bedroom Flat. To sum up the asking prices for properties in South Bank Avenue, York, YO23 it comes to around average £130,300 for 1 bedroom property, £202,770 for 2 bedroom, £336,158 for 3 bedroom, £441,950 for 4 bedroom and £636,611 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 £408 for 1 bedroom to £652 for 2 bedrooms, £845 for 3 bedrooms, £1,398 for 4 bedrooms and £1,794 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £858. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,638. You should be generally be expecting around average £508 rent per month for single bedroom property, £826 for 2 bedroom, £845 for 3 bedroom, £1,398 for 4 bedroom and approximately £1,794 for a 5 bedroom property in South Bank Avenue, York, YO23 area.

Popular Houses in South Bank Avenue, York, YO23

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 South Bank Avenue, York, YO23