The Elders, Lakenheath, Brandon, IP27

Street Guide For The Elders, Lakenheath, Brandon, IP27

 

The Elders, Lakenheath, Brandon, IP27 Map

Estimated Price: £161,240
Average Asking Price: £210,313
Price change in last one year: £12,363
Average Price Paid: £134,750
Average Rent Rates: £970

 

Property Prices Breakdown in The Elders, Lakenheath, Brandon, IP27

Average Price for property in The Elders, Lakenheath, Brandon, IP27 is around £161,240 which varies based on type of property you are interested in and ranges from £164,098 for detached house to around £153,835 for semi-detached. Similarly terraced house is around £145,780. Values have been changing and have risen £1,305 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,506 in last 6 months, £12,363 in last 1 year, £16,658 in last 2 years, £20,851 in last 3 years, £22,427 in last 4 years and £20,921 in last 5 years.

Currently average asking price of a property in The Elders, Lakenheath, Brandon, IP27 is around £210,313 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £970 per month.

Estimated property value in The Elders, Lakenheath, Brandon, IP27 is £161,240. Average asking price is £210,313 while average price paid is £147,000 which is up by £12,363 and Avg. asking rent £970.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 Elders, Lakenheath, Brandon, IP27 area. In last 1 year alone average price buyer paid is around £147,000 based on approximately 1 sales in The Elders, Lakenheath, Brandon, IP27 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £134,750. 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 £134,750 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £134,875 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 £81,632, £126,150 for a 2 bedroom house, £174,065 for a 3 bedroom house, £250,486 for a 4 bedroom house and £404,875 for a 5 bedroom house. For a flat the prices of 2 bedroom is £96,960. To sum up the asking prices for properties in The Elders, Lakenheath, Brandon, IP27 it comes to around average £81,632 for 1 bedroom property, £120,536 for 2 bedroom, £174,065 for 3 bedroom, £250,486 for 4 bedroom and £404,875 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 £399 for 1 bedroom to £827 for 2 bedrooms, £934 for 3 bedrooms, £1,349 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £464. You should be generally be expecting around average £399 rent per month for single bedroom property, £754 for 2 bedroom, £934 for 3 bedroom, £1,349 for 4 bedroom and approximately £2,500 for a 5 bedroom property in The Elders, Lakenheath, Brandon, IP27 area.

Popular Houses in The Elders, Lakenheath, Brandon, IP27

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 Elders, Lakenheath, Brandon, IP27