Spring Bank, New Mills, High Peak, SK22

Street Guide For Spring Bank, New Mills, High Peak, SK22

 

Spring Bank, New Mills, High Peak, SK22 Map

Estimated Price: £213,429
Average Asking Price: £307,662
Price change in last one year: £9,888
Average Price Paid: £195,285
Average Rent Rates: £591

 

Property Prices Breakdown in Spring Bank, New Mills, High Peak, SK22

Average Price for property in Spring Bank, New Mills, High Peak, SK22 is around £213,429 which varies based on type of property you are interested in and ranges from £349,226 for detached house to around £270,717 for semi-detached. Similarly terraced house is around £134,141. Values have been changing and have risen £267 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,277 in last 6 months, £9,888 in last 1 year, £19,208 in last 2 years, £22,524 in last 3 years, £21,150 in last 4 years and £21,733 in last 5 years.

Currently average asking price of a property in Spring Bank, New Mills, High Peak, SK22 is around £307,662 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £591 per month.

Estimated property value in Spring Bank, New Mills, High Peak, SK22 is £213,429. Average asking price is £307,662 while average price paid is £268,250 which is up by £9,888 and Avg. asking rent £591.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 Spring Bank, New Mills, High Peak, SK22 area. In last 1 year alone average price buyer paid is around £268,250 based on approximately 2 sales in Spring Bank, New Mills, High Peak, SK22 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £267,166. 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 £195,285 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £195,285 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 £125,000, £168,664 for a 2 bedroom house, £272,949 for a 3 bedroom house, £418,053 for a 4 bedroom house and £558,631 for a 5 bedroom house. For a flat similarly the prices varies from £86,356 for a single bedroom to £126,722 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £247,500. To sum up the asking prices for properties in Spring Bank, New Mills, High Peak, SK22 it comes to around average £94,944 for 1 bedroom property, £162,156 for 2 bedroom, £272,154 for 3 bedroom, £418,053 for 4 bedroom and £558,631 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 £548 for 1 bedroom to £560 for 2 bedroom, £635 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 £461. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £598 and £637 for 3 bedroom. You should be generally be expecting around average £478 rent per month for single bedroom property, £573 for 2 bedroom, £636 for 3 bedroom and approximately £1,248 for 4 bedroom property in Spring Bank, New Mills, High Peak, SK22 area.

Popular Houses in Spring Bank, New Mills, High Peak, SK22

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 Spring Bank, New Mills, High Peak, SK22