Spring Street, Spalding, PE11

Street Guide For Spring Street, Spalding, PE11

 

Spring Street, Spalding, PE11 Map

Estimated Price: £116,455
Average Asking Price: £202,736
Price change in last one year: £7,989
Average Price Paid: £99,045
Average Rent Rates: £725

 

Property Prices Breakdown in Spring Street, Spalding, PE11

Average Price for property in Spring Street, Spalding, PE11 is around £116,455 which varies based on type of property you are interested in and ranges from £138,994 for detached house to around £118,481 for semi-detached. Similarly terraced house is around £105,128. Values have been changing and have risen £711 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,703 in last 6 months, £7,989 in last 1 year, £13,824 in last 2 years, £14,515 in last 3 years, £14,302 in last 4 years and £10,731 in last 5 years.

Currently average asking price of a property in Spring Street, Spalding, PE11 is around £202,736 based on approximately 6 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £725 per month.

Estimated property value in Spring Street, Spalding, PE11 is £116,455. Average asking price is £202,736 while average price paid is £106,583 which is up by £7,989 and Avg. asking rent £725.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 Street, Spalding, PE11 area. In last 1 year alone average price buyer paid is around £106,583 based on approximately 6 sales in Spring Street, Spalding, PE11 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £101,277. 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 £99,045 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £100,107 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 2 bedroom is around £132,014, £176,861 for a 3 bedroom house, £244,879 for a 4 bedroom house and £331,118 for a 5 bedroom house. For a flat similarly the prices varies from £79,372 for a single bedroom to £88,725 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £108,725. To sum up the asking prices for properties in Spring Street, Spalding, PE11 it comes to around average £79,372 for 1 bedroom property, £127,987 for 2 bedroom, £175,441 for 3 bedroom, £244,879 for 4 bedroom and £331,118 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 £520 for 1 bedroom to £677 for 2 bedroom, £662 for 3 bedroom and £735 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £464. You should be generally be expecting around average £482 rent per month for single bedroom property, £677 for 2 bedroom, £662 for 3 bedroom and approximately £735 for 4 bedroom property in Spring Street, Spalding, PE11 area.

Popular Houses in Spring Street, Spalding, PE11

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 Street, Spalding, PE11