The Lane, Skelmorlie, PA17

Street Guide For The Lane, Skelmorlie, PA17

 

The Lane, Skelmorlie, PA17 Map

Estimated Price: £216,138
Average Asking Price: £177,850
Price change in last one year: £8,248
Average Price Paid: £195,400
Average Rent Rates: £476

 

Property Prices Breakdown in The Lane, Skelmorlie, PA17

Average Price for property in The Lane, Skelmorlie, PA17 is around £216,138 which varies based on type of property you are interested in and ranges from £322,483 for detached house to around £96,294 for a flat. Values have been changing and have risen £1,053 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,858 in last 6 months, £8,248 in last 1 year, £19,792 in last 2 years, £8,016 in last 3 years, £15,840 in last 4 years and £9,419 in last 5 years.

Currently average asking price of a property in The Lane, Skelmorlie, PA17 is around £177,850 based on approximately 2 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £476 per month.

Estimated property value in The Lane, Skelmorlie, PA17 is £216,138. Average asking price is £177,850 while average price paid is £286,500 which is up by £8,248 and Avg. asking rent £476.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 Lane, Skelmorlie, PA17 area. In last 1 year alone average price buyer paid is around £286,500 based on approximately 2 sales in The Lane, Skelmorlie, PA17 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £222,000. 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 £195,400 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £184,500 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 £108,998, £142,800 for a 3 bedroom house, £400,000 for a 4 bedroom house and £825,000 for a 5 bedroom house. For a flat similarly the prices varies from £75,000 for a single bedroom to £122,400 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £185,000 and £125,000 for a 4 bedroom flat. To sum up the asking prices for properties in The Lane, Skelmorlie, PA17 it comes to around average £75,000 for 1 bedroom property, £116,443 for 2 bedroom, £154,857 for 3 bedroom, £262,500 for 4 bedroom and £825,000 for a 5 bedroom property.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481. You should be generally be expecting around average £451 rent per month for single bedroom property and approximately £481 for 2 bedroom property in The Lane, Skelmorlie, PA17 area.

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 Lane, Skelmorlie, PA17