Springwood Place, Bradford, BD2

Street Guide For Springwood Place, Bradford, BD2

 

Springwood Place, Bradford, BD2 Map

Estimated Price: £50,268
Average Asking Price: £126,372
Price change in last one year: £2,165
Average Price Paid: £40,316
Average Rent Rates: £447

 

Property Prices Breakdown in Springwood Place, Bradford, BD2

Average Price for property in Springwood Place, Bradford, BD2 is around £50,268 which varies based on type of property you are interested in and ranges from £40,088 for terraced house to around £60,447 for a flat. Values have been changing and have risen £148 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £704 in last 6 months, £2,165 in last 1 year, £3,793 in last 2 years, £3,108 in last 3 years, £2,008 in last 4 years and £1,306 in last 5 years.

Currently average asking price of a property in Springwood Place, Bradford, BD2 is around £126,372 based on approximately 0 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £447 per month.

Estimated property value in Springwood Place, Bradford, BD2 is £50,268. Average asking price is £126,372 while average price paid is £42,000 which is up by £3,108 and Avg. asking rent £447.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 Springwood Place, Bradford, BD2 area. In last 3 years alone average price buyer paid is around £42,000 based on approximately 2 sales in Springwood Place, Bradford, BD2 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £40,316. 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 £40,316 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 £69,379, £96,286 for a 2 bedroom house, £123,984 for a 3 bedroom house, £178,062 for a 4 bedroom house and £223,557 for a 5 bedroom house. For a flat similarly the prices varies from £82,475 for a single bedroom to £94,975 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £119,950. To sum up the asking prices for properties in Springwood Place, Bradford, BD2 it comes to around average £73,121 for 1 bedroom property, £96,253 for 2 bedroom, £123,958 for 3 bedroom, £178,062 for 4 bedroom and £223,557 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 £375 for 1 bedroom to £441 for 2 bedroom, £510 for 3 bedroom and £574 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £348. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £437. You should be generally be expecting around average £356 rent per month for single bedroom property, £439 for 2 bedroom, £510 for 3 bedroom and approximately £574 for 4 bedroom property in Springwood Place, Bradford, BD2 area.

Popular Houses in Springwood Place, Bradford, BD2

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 Springwood Place, Bradford, BD2