Spinners Lane, Swaffham, PE37

Street Guide For Spinners Lane, Swaffham, PE37

 

Spinners Lane, Swaffham, PE37 Map

Estimated Price: £176,199
Average Asking Price: £243,790
Price change in last one year: £12,428
Average Price Paid: £136,062
Average Rent Rates: £585

 

Property Prices Breakdown in Spinners Lane, Swaffham, PE37

Average Price for property in Spinners Lane, Swaffham, PE37 is around £176,199 which varies based on type of property you are interested in and ranges from £317,743 for detached house to around £198,884 for semi-detached. Similarly flat is around £94,869. Values have been changing and have risen £1,043 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,862 in last 6 months, £12,428 in last 1 year, £21,370 in last 2 years, £23,541 in last 3 years, £20,890 in last 4 years and £16,374 in last 5 years.

Currently average asking price of a property in Spinners Lane, Swaffham, PE37 is around £243,790 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £585 per month.

Estimated property value in Spinners Lane, Swaffham, PE37 is £176,199. Average asking price is £243,790 while average price paid is £159,625 which is up by £12,428 and Avg. asking rent £585.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 Spinners Lane, Swaffham, PE37 area. In last 1 year alone average price buyer paid is around £159,625 based on approximately 2 sales in Spinners Lane, Swaffham, PE37 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £136,062. 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 £136,062 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £141,875 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 £83,000, £137,146 for a 2 bedroom house, £226,595 for a 3 bedroom house, £341,702 for a 4 bedroom house and £550,000 for a 5 bedroom house. For a flat similarly the prices varies from £67,500 for a single bedroom to £101,238 for a 2 bedroom Flat. To sum up the asking prices for properties in Spinners Lane, Swaffham, PE37 it comes to around average £75,250 for 1 bedroom property, £132,921 for 2 bedroom, £226,595 for 3 bedroom, £341,702 for 4 bedroom and £550,000 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 £544 for 2 bedroom to £688 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £397. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,066. You should be generally be expecting around average £397 rent per month for single bedroom property, £639 for 2 bedroom, £688 for 3 bedroom and approximately £750 for 4 bedroom property in Spinners Lane, Swaffham, PE37 area.

Popular Houses in Spinners Lane, Swaffham, PE37

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 Spinners Lane, Swaffham, PE37