Tern Lane, Longdon-upon-Tern, Telford, TF6

Street Guide For Tern Lane, Longdon-upon-Tern, Telford, TF6

 

Tern Lane, Longdon-upon-Tern, Telford, TF6 Map

Estimated Price: £205,960
Average Asking Price: £366,257
Price change in last one year: £8,113
Average Price Paid: £181,950
Average Rent Rates: £703

 

Property Prices Breakdown in Tern Lane, Longdon-upon-Tern, Telford, TF6

Average Price for property in Tern Lane, Longdon-upon-Tern, Telford, TF6 is around £205,960 which varies based on type of property you are interested in and ranges from £300,076 for detached house to around £194,196 for semi-detached. Values have been changing and have risen £625 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £761 in last 6 months, £8,113 in last 1 year, £15,546 in last 2 years, £21,263 in last 3 years, £20,457 in last 4 years and £17,527 in last 5 years.

Currently average asking price of a property in Tern Lane, Longdon-upon-Tern, Telford, TF6 is around £366,257 based on approximately 0 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £703 per month.

Estimated property value in Tern Lane, Longdon-upon-Tern, Telford, TF6 is £205,960. Average asking price is £366,257 while average price paid is £181,950 which is up by £21,263 and Avg. asking rent £703.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 Tern Lane, Longdon-upon-Tern, Telford, TF6 area. In last 3 years alone average price buyer paid is around £181,950 based on approximately 4 sales in Tern Lane, Longdon-upon-Tern, Telford, TF6 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £181,950. 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 £200,060 for 5 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 3 bedroom is around £276,775, £430,122 for a 4 bedroom house and £424,000 for a 5 bedroom house. For a flat the prices of 3 bedroom is £290,000. To sum up the asking prices for properties in Tern Lane, Longdon-upon-Tern, Telford, TF6 it comes to around average £277,377 for 3 bedroom property, £430,122 for 4 bedroom and £424,000 for 5 bedroom.

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 £724 for 3 bedroom to £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £650. You should be generally be expecting around average £624 rent per month for single bedroom property, £687 for 3 bedroom and approximately £1,200 for 4 bedroom property in Tern Lane, Longdon-upon-Tern, Telford, TF6 area.

Popular Houses in Tern Lane, Longdon-upon-Tern, Telford, TF6

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 Tern Lane, Longdon-upon-Tern, Telford, TF6