Southgate, Sleaford, NG34

Street Guide For Southgate, Sleaford, NG34

 

Southgate, Sleaford, NG34 Map

Estimated Price: £744,296
Average Asking Price: £227,963
Price change in last one year: £48,205
Average Price Paid: £163,750
Average Rent Rates: £583

 

Property Prices Breakdown in Southgate, Sleaford, NG34

Average Price for property in Southgate, Sleaford, NG34 is around £744,296 which varies based on type of property you are interested in and ranges from £307,029 for detached house to around £1,633,973 for semi-detached. Similarly terraced house is around £291,888 and a flat is worth £926,778. Values have been changing and have risen £2,457 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,908 in last 6 months, £48,205 in last 1 year, £70,481 in last 2 years, £81,664 in last 3 years, £75,209 in last 4 years and £62,786 in last 5 years.

Currently average asking price of a property in Southgate, Sleaford, NG34 is around £227,963 based on approximately 0 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £583 per month.

Estimated property value in Southgate, Sleaford, NG34 is £744,296. Average asking price is £227,963 while average price paid is £60,000 which is up by £81,664 and Avg. asking rent £583.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 Southgate, Sleaford, NG34 area. In last 3 years alone average price buyer paid is around £60,000 based on approximately 1 sales in Southgate, Sleaford, NG34 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £163,750. 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 £192,500 for 3 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 £86,967, £113,017 for a 2 bedroom house, £191,715 for a 3 bedroom house, £284,437 for a 4 bedroom house and £392,272 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 Southgate, Sleaford, NG34 it comes to around average £79,508 for 1 bedroom property, £112,293 for 2 bedroom, £191,715 for 3 bedroom, £284,437 for 4 bedroom and £392,272 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, £565 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, £465 for 2 bedroom, £565 for 3 bedroom, £728 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Southgate, Sleaford, NG34 area.

Popular Houses in Southgate, Sleaford, NG34

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 Southgate, Sleaford, NG34