Spring Lane, Fordwich, Canterbury, CT2

Street Guide For Spring Lane, Fordwich, Canterbury, CT2

 

Spring Lane, Fordwich, Canterbury, CT2 Map

Estimated Price: £490,360
Average Asking Price: £290,154
Price change in last one year: £31,775
Average Price Paid: £370,000
Average Rent Rates: £1,333

 

Property Prices Breakdown in Spring Lane, Fordwich, Canterbury, CT2

Average Price for property in Spring Lane, Fordwich, Canterbury, CT2 is around £490,360 e.g. average price for detached house is around 490,360. Values have been changing and have risen £272 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,753 in last 6 months, £31,775 in last 1 year, £59,799 in last 2 years, £66,256 in last 3 years, £53,570 in last 4 years and £62,036 in last 5 years.

Currently average asking price of a property in Spring Lane, Fordwich, Canterbury, CT2 is around £290,154 based on approximately 0 properties for sale. Same is the case with rental options based on 387 properties up for rent, average asking rent is around £1,333 per month.

Estimated property value in Spring Lane, Fordwich, Canterbury, CT2 is £490,360. Average asking price is £290,154 while average price paid is £370,000 which is up by £66,256 and Avg. asking rent £1,333.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 Lane, Fordwich, Canterbury, CT2 area. In last 3 years alone average price buyer paid is around £370,000 based on approximately 1 sales in Spring Lane, Fordwich, Canterbury, CT2 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £370,000. 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 £378,333 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 £113,849, £228,808 for a 2 bedroom house, £278,496 for a 3 bedroom house, £377,366 for a 4 bedroom house and £580,350 for a 5 bedroom house. For a flat similarly the prices varies from £141,545 for a single bedroom to £174,615 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £296,667. To sum up the asking prices for properties in Spring Lane, Fordwich, Canterbury, CT2 it comes to around average £134,364 for 1 bedroom property, £199,453 for 2 bedroom, £279,825 for 3 bedroom, £377,366 for 4 bedroom and £580,350 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 £483 for 1 bedroom to £803 for 2 bedrooms, £1,043 for 3 bedrooms, £1,339 for 4 bedrooms and £1,733 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £734. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £848, £939 for 3 bedroom and £1,244 for 4 bedroom. You should be generally be expecting around average £619 rent per month for single bedroom property, £824 for 2 bedroom, £1,027 for 3 bedroom, £1,337 for 4 bedroom and approximately £1,733 for a 5 bedroom property in Spring Lane, Fordwich, Canterbury, CT2 area.

Popular Houses in Spring Lane, Fordwich, Canterbury, CT2

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 Lane, Fordwich, Canterbury, CT2