Sparable Lane, Wakefield, WF1

Street Guide For Sparable Lane, Wakefield, WF1

 
 

Sparable Lane, Wakefield, WF1 Map

Estimated Price: £109,695
Average Asking Price: £193,567
Price change in last one year: £4,440
Average Price Paid: £82,833
Average Rent Rates: £978

Cooper & Cutt
17 Wood Street Wakefield West Yorkshire WF1 2EL

Free House valuation

 

Property Prices Breakdown in Sparable Lane, Wakefield, WF1

Average Price for property in Sparable Lane, Wakefield, WF1 is around £109,695 which varies based on type of property you are interested in and ranges from £124,906 for semi-detached to around £108,226 for terraced house. Values have been changing and have risen £16 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £171 in last 6 months, £4,440 in last 1 year, £6,844 in last 2 years, £9,777 in last 3 years, £4,833 in last 4 years and £3,545 in last 5 years.

Currently average asking price of a property in Sparable Lane, Wakefield, WF1 is around £193,567 based on approximately 1 properties for sale. Same is the case with rental options based on 230 properties up for rent, average asking rent is around £978 per month.

Estimated property value in Sparable Lane, Wakefield, WF1 is £109,695. Average asking price is £193,567 while average price paid is £60,000 which is up by £4,440 and Avg. asking rent £978.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 Sparable Lane, Wakefield, WF1 area. In last 1 year alone average price buyer paid is around £60,000 based on approximately 1 sales in Sparable Lane, Wakefield, WF1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,500. 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 £82,833 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £88,625 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 £85,000, £105,863 for a 2 bedroom house, £156,180 for a 3 bedroom house, £264,766 for a 4 bedroom house and £414,853 for a 5 bedroom house. For a flat similarly the prices varies from £83,279 for a single bedroom to £102,081 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £215,000. To sum up the asking prices for properties in Sparable Lane, Wakefield, WF1 it comes to around average £83,494 for 1 bedroom property, £104,355 for 2 bedroom, £156,654 for 3 bedroom, £264,766 for 4 bedroom and £414,853 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 £451 for 1 bedroom to £518 for 2 bedroom, £585 for 3 bedroom and £774 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £456. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £558. You should be generally be expecting around average £456 rent per month for single bedroom property, £550 for 2 bedroom, £585 for 3 bedroom and approximately £774 for 4 bedroom property in Sparable Lane, Wakefield, WF1 area.

Popular Houses in Sparable Lane, Wakefield, WF1

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 Sparable Lane, Wakefield, WF1