Spencer Avenue, Whitefield, Manchester, M45

Street Guide For Spencer Avenue, Whitefield, Manchester, M45

 

Spencer Avenue, Whitefield, Manchester, M45 Map

Estimated Price: £155,880
Average Asking Price: £290,848
Price change in last one year: £6,963
Average Price Paid: £112,666
Average Rent Rates: £689

 

Property Prices Breakdown in Spencer Avenue, Whitefield, Manchester, M45

Average Price for property in Spencer Avenue, Whitefield, Manchester, M45 is around £155,880 which varies based on type of property you are interested in and ranges from £151,200 for detached house to around £160,435 for semi-detached. Similarly terraced house is around £130,892. Values have been changing and have risen £499 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,421 in last 6 months, £6,963 in last 1 year, £13,920 in last 2 years, £14,872 in last 3 years, £14,963 in last 4 years and £11,372 in last 5 years.

Currently average asking price of a property in Spencer Avenue, Whitefield, Manchester, M45 is around £290,848 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £689 per month.

Estimated property value in Spencer Avenue, Whitefield, Manchester, M45 is £155,880. Average asking price is £290,848 while average price paid is £138,000 which is up by £6,963 and Avg. asking rent £689.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 Spencer Avenue, Whitefield, Manchester, M45 area. In last 1 year alone average price buyer paid is around £138,000 based on approximately 1 sales in Spencer Avenue, Whitefield, Manchester, M45 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £109,000. 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 £112,666 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £115,750 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 £150,000, £115,516 for a 2 bedroom house, £154,190 for a 3 bedroom house, £409,659 for a 4 bedroom house and £701,542 for a 5 bedroom house. For a flat similarly the prices varies from £77,470 for a single bedroom to £163,484 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £369,625 and £249,950 for a 4 bedroom flat. To sum up the asking prices for properties in Spencer Avenue, Whitefield, Manchester, M45 it comes to around average £89,558 for 1 bedroom property, £140,274 for 2 bedroom, £163,982 for 3 bedroom, £407,529 for 4 bedroom and £701,542 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 £594 for 2 bedroom to £608 for 3 bedroom and £1,248 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £643. You should be generally be expecting around average £426 rent per month for single bedroom property, £629 for 2 bedroom, £608 for 3 bedroom and approximately £1,248 for 4 bedroom property in Spencer Avenue, Whitefield, Manchester, M45 area.

Popular Houses in Spencer Avenue, Whitefield, Manchester, M45

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 Spencer Avenue, Whitefield, Manchester, M45