South Lane, Bainton, Driffield, YO25

Street Guide For South Lane, Bainton, Driffield, YO25

 

South Lane, Bainton, Driffield, YO25 Map

Estimated Price: £260,911
Average Asking Price: £242,502
Price change in last one year: £16,400
Average Price Paid: £193,513
Average Rent Rates: £775

 

Property Prices Breakdown in South Lane, Bainton, Driffield, YO25

Average Price for property in South Lane, Bainton, Driffield, YO25 is around £260,911 e.g. average price for detached house is around 260,911. Values have been changing and have risen £1,975 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,944 in last 6 months, £16,400 in last 1 year, £28,821 in last 2 years, £27,064 in last 3 years, £24,046 in last 4 years and £23,129 in last 5 years.

Currently average asking price of a property in South Lane, Bainton, Driffield, YO25 is around £242,502 based on approximately 0 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £775 per month.

Estimated property value in South Lane, Bainton, Driffield, YO25 is £260,911. Average asking price is £242,502 while average price paid is £193,513 which is up by £27,064 and Avg. asking rent £775.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 Lane, Bainton, Driffield, YO25 area. In last 3 years alone average price buyer paid is around £193,513 based on approximately 2 sales in South Lane, Bainton, Driffield, YO25 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £193,513. 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 £193,513 for 2 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 £94,950, £128,224 for a 2 bedroom house, £167,021 for a 3 bedroom house, £278,415 for a 4 bedroom house and £417,174 for a 5 bedroom house. For a flat similarly the prices varies from £55,590 for a single bedroom to £141,725 for a 2 bedroom Flat. To sum up the asking prices for properties in South Lane, Bainton, Driffield, YO25 it comes to around average £62,150 for 1 bedroom property, £130,736 for 2 bedroom, £167,021 for 3 bedroom, £278,415 for 4 bedroom and £417,174 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 £479 for 2 bedroom to £595 for 3 bedroom and £886 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £568. You should be generally be expecting around average £398 rent per month for single bedroom property, £511 for 2 bedroom, £595 for 3 bedroom and approximately £886 for 4 bedroom property in South Lane, Bainton, Driffield, YO25 area.

Popular Houses in South Lane, Bainton, Driffield, YO25

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 Lane, Bainton, Driffield, YO25