The Close, Hambidge Lane, Lechlade, GL7

Street Guide For The Close, Hambidge Lane, Lechlade, GL7

 

The Close, Hambidge Lane, Lechlade, GL7 Map

Estimated Price: £304,563
Average Asking Price: £482,660
Price change in last one year: £28,586
Average Price Paid: £230,000
Average Rent Rates: £1,337

 

Property Prices Breakdown in The Close, Hambidge Lane, Lechlade, GL7

Average Price for property in The Close, Hambidge Lane, Lechlade, GL7 is around £304,563 which varies based on type of property you are interested in and ranges from £298,949 for detached house to around £308,306 for semi-detached. Values have been changing and have risen £3,991 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,748 in last 6 months, £28,586 in last 1 year, £37,341 in last 2 years, £40,803 in last 3 years, £38,263 in last 4 years and £42,317 in last 5 years.

Currently average asking price of a property in The Close, Hambidge Lane, Lechlade, GL7 is around £482,660 based on approximately 0 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £1,337 per month.

Estimated property value in The Close, Hambidge Lane, Lechlade, GL7 is £304,563. Average asking price is £482,660 while average price paid is £230,000 which is up by £42,317 and Avg. asking rent £1,337.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 The Close, Hambidge Lane, Lechlade, GL7 area. In last 5 years alone average price buyer paid is around £230,000 based on approximately 1 sales in The Close, Hambidge Lane, Lechlade, GL7 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £221,000.

 
 

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 £98,919, £217,330 for a 2 bedroom house, £325,312 for a 3 bedroom house, £512,387 for a 4 bedroom house and £774,886 for a 5 bedroom house. For a flat similarly the prices varies from £126,188 for a single bedroom to £173,079 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,950 and £275,000 for a 5 bedroom flat. To sum up the asking prices for properties in The Close, Hambidge Lane, Lechlade, GL7 it comes to around average £112,553 for 1 bedroom property, £205,182 for 2 bedroom, £325,090 for 3 bedroom, £512,387 for 4 bedroom and £761,376 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 £935 for 2 bedroom to £1,389 for 3 bedroom, £1,979 for 4 bedroom and £3,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £752. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £677. You should be generally be expecting around average £752 rent per month for single bedroom property, £878 for 2 bedroom, £1,389 for 3 bedroom, £1,979 for 4 bedroom and approximately £3,001 for a 5 bedroom property in The Close, Hambidge Lane, Lechlade, GL7 area.

Popular Houses in The Close, Hambidge Lane, Lechlade, GL7

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 The Close, Hambidge Lane, Lechlade, GL7